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MQ Tax 2022

Martinique Reverse VAT Calculator 2022

The Martinique Reverse VAT Calculator allows you to calculate the cost of a product after deducting VAT in 2022, if you would like to calculate VAT in Martinique for a different tax year then please select the relevant year from the available VAT calculators. So, if you enter a product price of $ 100.00 and select a VAT rate of 2.5% you will see the Net Price ($ 97.56 in this reverse VAT example) and the VAT amount ($ 2.44 in this reverse VAT example).

If you are looking to add VAT to your product for VAT inclusive sales rates in Martinique then please use the Martinique VAT Calculator for 2022 here.

Martinique Reverse VAT Calculator 2022
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Quick Reverse VAT Calculation for Martinique in 2022
Total Price inc. VAT
VAT Due

=Product/Service Price excluding VAT
Martinique Reverse VAT Table
DescriptionPriceRateVATTotalDelete

TotalPriceVATTotal
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The Martinique Reverse VAT Calculator is useful for calculating the net price of goods, services and products which are subject to VAT (Value Added Tax) in Martinique in the 2022 tax year. This is useful for calculating how much VAT is applied on a certain product and for retailers to see how much VAT they must allow for when calculating the sales price of goods. The calculator allows quick reverse VAT calculations and more detailed reverse VAT calculations with multiple items, product/service descriptions with a running total so you can see the VAT due on each product/service and the total VAT due in Martinique in 2022. Once you have calculated the VAT due, you can print the document or email the VAT document to yourself for later reference.

Martinique VAT formula

Value Added Tax in Martinique is calculated using the following VAT formula:

VAT = a x b/100

Where:

  • a = The product/service that is subject to VAT in Martinique.
  • b = The relevenat rate of VAT in Martinique associated with the product/service.

VAT Tax Years available for Martinique

We currently support the following tax years for reverse VAT calculation in Martinique, if you require additional tax years, please get in touch and we can add them to the list of available tax years.

VAT Rates in Martinique

The table below specifies the relevent VAT rates applicable in Martinique, these were last updated in line with the published VAT rates in 2022.

Martinique VAT Rates
VAT RateVAT Description
1.05%Reduced Rated
2.5%Reduced Rate
8.5%Standard Rate

How to reverse calculate VAT in Martinique

The following step-by-step guides to calculating VAT online with the Martinique Reverse VAT Calculator covers all the functions within the Reverse VAT calculator:

How to complete a Quick Reverse VAT Calculation

  1. Select "Quick VAT Calculation".
  2. Enter the Product/Service Price.
  3. Enter the Appropriate VAT Rate.
  4. Press "Calculate VAT".

The Martinique Reverse VAT Calculator will provide a table which specifies the product/service price, the product/service VAT amount due and the total cost of the product or service in Martinique. You can print/email this table as required.

How to complete a Detailed Reverse VAT Calculation

  1. Select "Detailed VAT Calculation".
  2. [Optional] enter the name of the product or service for which you wish to calculate VAT.
  3. Enter the number of units being sold (3 bags, 5 SEO guest post packages, 2 new cars, 1 annual tax return etc.).
  4. Enter the price of the product / service detailed in step 3.
  5. Select the relevent VAT rate that applies to your goods, product or service in Martinique
  6. Click "Add to VAT Table"

Martinique Reverse VAT Calculator will add your product/service to the Martinique VAT Table. You can then add more product and/or services as required. Each time you add new information, the total amount will be updated so you can see the total costs of goods, products and services in Martinique inclusive and exclusive or VAT.

If you make a mistake or simply want to remove an entry from the Martinique Reverse VAT Table, click on the "Del" button adjacent the line entry that you wish to remove. When items are removed from the VAT table, the calculator will automatically update the associated figures and recalculate VAT, total cost of goods etc.

Please note that the Martinique Reverse VAT Calculator is designed to allow you to toggle between quick and Detailed calculations without losing any data that you add to the Detailed VAT Table. This is useful if you need to check the individual VAT amount on one unit (a single product or service) before adding it to the list of items in the VAT table.