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.
Nicaragua | |
| standard rate | 15% Most sales of goods, imports, supplies of services and grants of the use or enjoyment of property that are not exempt or subject to the 0% rate. Professional services are taxable unless a statutory exclusion or exemption applies. |
| Past changes: | |
| 12 Sep 2026 | A temporary VAT exemption begins for 12–20 September 2026 for tourism, restaurant, recreation and leisure businesses covered by Interinstitutional Agreement MHCP-INTUR-DGI No. 01-2026. Ministry of Finance and Public Credit – Agreement MHCP-INTUR-DGI 01-2026 |
| 1 Jan 2021 | The special 7% VAT rate for residential electricity bills with monthly consumption of 151–300 kWh ends; the 15% rate applies from this date. Bills for consumption of up to 150 kWh remain VAT-exempt. Nicaraguan Energy Institute – Law 971 |
| 1 Jan 2020 | The special 7% VAT rate for residential electricity bills with monthly consumption of 301–1,000 kWh ends; the 15% rate applies from this date. Nicaraguan Energy Institute – Law 971 |
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 5 Oct 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.