What is the tax rate of VAT invoice?

There are two cases where the VAT rate is 13%. One is that the invoice amount includes tax, so the tax increase amount to be paid is the tax-included amount divided by 1. 13 and then multiplied by 13%. The other is based on the tax-free amount, which can be directly calculated by directly multiplying the tax rate by 13%.

How to calculate the tax rate of 13%?

1, VAT is extra-price tax, and total price tax (including tax price) = price (excluding tax price)+VAT.

2. VAT amount = price (excluding tax) × VAT rate.

3. Total price and tax (including tax) = price+price × VAT rate.

Price excluding tax = total price including tax ÷( 1+ tax rate)

Tax amount = total price tax ÷( 1+ tax rate) × tax rate

If the tax amount is 100 yuan, the tax amount is =100 ÷1.13 =1.50442.

Accurate to the minute. The tax amount is 1 1.50.

Reverse calculation:

88.5× 1. 13= 100.005.

Keep it accurate. The tax included amount is 100.00.