VAT Calculator calculates the VAT amount as well as the price with and without VAT. The VAT % is pre-filled, but you can change it or clear the value. The results are rounded to your desired precision. You can also make a currency conversion.
You can also choose the VAT% by clicking the percentages in the tables below.
Latvia | |
| standard | 21% Most goods and services. For example, alcohol and tobacco, restaurant and catering services, and the sale of unused real estate and building land. |
| reduced | 12% Medicines and medical devices, baby food, regular domestic passenger and baggage transport, tourist accommodation, wood fuel and heat energy sold to households, and fresh fruits, berries and vegetables listed in the law. From 1 July 2026 to 30 June 2027 also, subject to certain restrictions, bread, milk, poultry meat and eggs. 5% Books, textbooks, children’s picture and colouring books, sheet music and maps, as well as newspapers, magazines and other periodicals. The publication must be in Latvian, Latgalian or Livonian, or in the language of another EU or EEA country, Switzerland, an EU candidate country, or in an official language of the OECD. |
| Upcoming changes: | |
| 1 Jul 2027 | The temporary 12% rate on bread, milk, poultry and eggs ends. They return to the 21% rate. Latvian Ministry of Economics |
| Past changes: | |
| 1 Jul 2026 | The VAT rate on bread, milk, poultry and eggs was reduced from 21% to 12% for one year. Consumer Rights Protection Centre (PTAC) |
| 1 Jan 2026 | The reduced 5% rate on books and periodicals is limited by language. The reduced rate applies only to publications in Latvian, Latgalian or Livonian, or in the official languages of EU and EEA countries, Switzerland, EU candidate countries or OECD countries. Likumi.lv – amendments to the VAT Law, 03.12.2025 |
Note! The VAT information on this page is general information, not tax advice. The information is not exhaustive. VAT rules include many exceptions and special cases. Check the treatment of your situation in the tax administration's guidelines. Information last checked 17 Sep 2026. If you find errors in the information, please let us know. Read our editorial principles.
Articles:
VAT rounding: the EU, the UK and other European countries
The EU VAT Directive and the Court of Justice of the European Union leave VAT rounding rules to be decided at national level. National rules vary. In the UK, HMRC allows VAT on B2B invoices to be rounded down to the nearest whole penny.
Roundings in VAT calculation: Mathematically impossible prices?
There are a whole range of VAT-inclusive prices that cannot be mathematically arrived at if the tax is calculated from the VAT-free price. One example is 3.99. These prices are also possible, but then the VAT-free price must be interpreted as rounded.
VAT Gap - How much VAT is left uncollected in EU countries?
9.5% of VAT was left uncollected in EU countries. See the list of EU countries and candidate countries.
In Europe there is VAT - in the US sales tax
In Europe, companies belonging to the production chain account for the VAT paid by the consumer to the state in proportion to their value added. The US sales tax, on the other hand, is billed entirely by the company that made the consumer sale. Sales tax is paid to local operators, not to the state.
Many of today's taxes were already in use in Antiquity. Deciding on taxation has moved from autocrats to parliaments and the level of taxation has risen. In earlier times taxes were used to wage wars, today taxes are used to maintain welfare states.