Portugal VAT Calculator on €120 (23.0% & 13.0%)
Official 2026 Imposto sobre o Valor Acrescentado (IVA) calculation for €120 in Portugal (Standard Rate: 23.0% · Reduced Rate: 13.0%).
Add 23.0% VAT (Net → Gross)
€147.60
VAT added: +€27.60
Remove 23.0% VAT (Gross → Net)
€97.56
VAT extracted: -€22.44
Add 13.0% Reduced VAT
€135.60
VAT added: +€15.60
Remove 13.0% Reduced VAT
€106.19
VAT extracted: -€13.81
Complete Portugal VAT / MwSt / TVA / IVA Table for €120
| Operation | Standard Rate (23.0%) | Reduced Rate (13.0%) |
|---|---|---|
| 1. Net Amount (Excl. VAT / HT / Netto) | €120.00 | €120.00 |
| + VAT Amount Added | +€27.60 | +€15.60 |
| = Gross Invoice Total (Incl. VAT / TTC / Brutto) | €147.60 | €135.60 |
| 2. Gross Amount (Incl. VAT / TTC / Brutto) | €120.00 | €120.00 |
| - Reverse VAT Extracted | -€22.44 | -€13.81 |
| = Net Base Amount (Excl. VAT / HT / Netto) | €97.56 | €106.19 |