Latvia VAT Calculator on €120 (21.0% & 12.0%)
Official 2026 Pievienotās vērtības nodoklis (PVN) calculation for €120 in Latvia (Standard Rate: 21.0% · Reduced Rate: 12.0%).
Add 21.0% VAT (Net → Gross)
€145.20
VAT added: +€25.20
Remove 21.0% VAT (Gross → Net)
€99.17
VAT extracted: -€20.83
Add 12.0% Reduced VAT
€134.40
VAT added: +€14.40
Remove 12.0% Reduced VAT
€107.14
VAT extracted: -€12.86
Complete Latvia VAT / MwSt / TVA / IVA Table for €120
| Operation | Standard Rate (21.0%) | Reduced Rate (12.0%) |
|---|---|---|
| 1. Net Amount (Excl. VAT / HT / Netto) | €120.00 | €120.00 |
| + VAT Amount Added | +€25.20 | +€14.40 |
| = Gross Invoice Total (Incl. VAT / TTC / Brutto) | €145.20 | €134.40 |
| 2. Gross Amount (Incl. VAT / TTC / Brutto) | €120.00 | €120.00 |
| - Reverse VAT Extracted | -€20.83 | -€12.86 |
| = Net Base Amount (Excl. VAT / HT / Netto) | €99.17 | €107.14 |