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.
Venezuela | |
| higher | 31% Luxury goods and services: the 16% standard rate plus an additional 15% rate. They include, among other items, cars valued at USD 40,000 or more, motorcycles at USD 20,000 or more, specified recreational aircraft and vessels, gambling machines and tables, jewellery and watches valued at USD 300 or more, specified weapons and accessories, works of art and antiques valued at USD 40,000 or more, specified leather or natural-fur clothing, animals for recreational or sporting purposes and caviar. Certain services are also covered, including specified membership fees for restricted-access establishments and the rental of recreational vessels and aircraft. |
| standard | 16% Most taxable sales and imports of movable goods and supplies of services unless the reduced rate, the additional rate for luxury goods and services, zero rating, an exemption or an exoneration applies. |
| reduced | 8% Specified imports and sales of goats, sheep and smaller livestock for slaughter or breeding; their natural, refrigerated, frozen, salted or brined meat where it is not exempt; lards; minerals, liquid or concentrated feed for those animals and raw materials used exclusively to produce it. The rate also applies to specified predominantly intellectual professional services supplied to public authorities and to domestic passenger air transport. |
The standard VAT rate is 16%; specified luxury goods and services are taxed at 31% (16% plus 15 percentage points). Certain payments in foreign currency or cryptoassets also attract 3% IGTF, subject to its conditions and exemptions. IGTF is a separate tax and is not included in the VAT rates or calculation. It is distinct from the statutory additional VAT rate of 5% to 25% for specified payments, which requires a decree setting the applicable rate.
| Past changes: | |
| 12 Jan 2026 | Decree No. 5,207 takes effect, temporarily exempting specified imports and domestic sales of hydrocarbon-derived fuels and specified inputs and additives used to improve gasoline quality from VAT. The benefit has a maximum duration of one year. Finanzas Digital |
| 31 Dec 2025 | Decree No. 5,196 suspends the Article 17(1) VAT exemption for specified imports and introduces a conditional exoneration for goods included in its appendix. The exoneration benefit is scheduled to apply through 31 December 2026. LEĜA Abogados |
| 1 Sep 2018 | |
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 6 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.