VAT Calculator

Calculate VAT amounts for your invoices and purchases

Add VAT to Net Amount

Extract VAT from Gross Amount

⚠️ Important VAT Rounding Rule

The invoice total may be rounded to the nearest whole unit, but individual VAT amounts should not be rounded separately. Always calculate VAT precisely and only round the final invoice total if needed.

VAT Calculation Examples

Sales Invoice

Services: $500.00
VAT (20%): $100.00
Total: $600.00

Customer pays $600.00, you owe $100.00 VAT to tax authority

Purchase Invoice

Office supplies: $200.00
VAT (20%): $40.00
Total paid: $240.00

You can reclaim $40.00 VAT from tax authority

Depreciation Calculator

Calculate annual depreciation for your business assets

Straight-Line Depreciation

Common Asset Categories

💻 Computer Equipment

Typical useful life: 3-5 years

Example: $2,000 over 4 years = $500/year

🚗 Vehicle

Typical useful life: 5-7 years

Example: $25,000 over 5 years = $5,000/year

🔧 Machinery/Equipment

Typical useful life: 7-10 years

Example: $15,000 over 8 years = $1,875/year

🪑 Office Furniture

Typical useful life: 7-10 years

Example: $5,000 over 10 years = $500/year

Cash Flow Calculator

Plan and monitor your business cash flow

Monthly Cash Flow Projection

Cash Inflows

Cash Outflows

Cash Flow Management Tips

🏃‍♀️ Speed Up Collections

  • Offer early payment discounts
  • Send invoices immediately
  • Follow up on overdue accounts
  • Consider factoring for large invoices

⏰ Slow Down Payments

  • Take full payment terms from suppliers
  • Negotiate better payment terms
  • Time large purchases strategically
  • Consider lease vs. purchase options

💰 Maintain Cash Reserves

  • Keep 3-6 months of expenses in cash
  • Establish a line of credit
  • Monitor cash flow forecasts regularly
  • Plan for seasonal variations

Break-Even Calculator

Determine how many units you need to sell to break even

Break-Even Analysis

Break-Even Scenarios

Service Business

Fixed costs: $5,000/month

Service price: $100/hour

Variable costs: $20/hour

Break-even: 62.5 hours

Product Business

Fixed costs: $8,000/month

Product price: $50/unit

Variable costs: $30/unit

Break-even: 400 units

Retail Business

Fixed costs: $10,000/month

Average sale: $25

Variable costs: $15/sale

Break-even: 1,000 sales