120 € + VAT (24%) = 148.80 €
Adding VAT
Adding 24% VAT to a net price of 120 € gives a gross price of 148.80 €, of which VAT is 28.80 €.
| Item | Amount |
|---|---|
| Net price (excl. VAT) | 120.00 € |
| VAT 24% | 28.80 € |
| Gross price (incl. VAT) | 148.80 € |
Removing VAT (from a gross price)
If 120 € already includes 24% VAT, the VAT part is 23.23 € and the net price (excl. VAT) is 96.77 €.
| Item | Amount |
|---|---|
| Net price (excl. VAT) | 96.77 € |
| VAT 24% | 23.23 € |
| Gross price (incl. VAT) | 120.00 € |
The standard rate is 24% (from 1 July 2025). Accommodation is 13%, books and medicines 9% – choose "Other rate" in the calculator. Figures are rounded to the cent.