Tax Calculator
Calculate income tax, sales tax, and VAT. Estimate tax on income and purchases, determine net amounts, and understand tax implications easily.
Note: This uses a simplified flat tax rate. Actual income tax often has progressive brackets.
💡Did You Know?
• Monaco and UAE have 0% income tax
• Denmark has the highest income tax rate (~56%)
• 5 US states have no sales tax (OR, NH, MT, AK, DE)
• Hungary has the highest VAT in EU (27%)
💡 Summary
• Effective Rate: 20%
• You keep: 80.0%
• Tax burden: $10,000/year
📊 Annual Breakdown
📅 Monthly Breakdown
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✨ Key Features
Income Tax
Calculate tax on salary and net take-home pay
Sales Tax / VAT
Calculate tax on purchases and total price
Reverse Calculate
Calculate base price from tax-inclusive amount
Multiple Views
See monthly and annual breakdowns
How to Use the Tax Calculator
Our tax calculator has two modes: Income Tax (for salary and wages) and Sales Tax (for purchases and VAT). Select your mode, enter the amount and tax rate, and see instant calculations including gross, tax, and net amounts.
Income Tax Calculation
Enter your gross income and tax rate to calculate tax owed and net income (take-home pay). Results show annual and monthly breakdowns. Remember: actual income tax often uses progressive brackets - this calculator uses a simplified flat rate for estimates.
Sales Tax / VAT Calculation
Calculate sales tax or VAT on purchases. If the price excludes tax (like US prices), the calculator adds tax. If the price includes tax (like EU prices), toggle "Price includes tax" to calculate the base price and tax amount separately.
Tax Rates Around the World
Income tax varies widely: 0% in UAE and Monaco, up to 56% in Denmark. Sales tax/VAT ranges from 0% (5 US states) to 27% (Hungary). Always enter your local tax rate for accurate calculations. For complex tax situations, consult a tax professional.