Reverse VAT Calculator › Greece
Greece Reverse VAT Calculator (2026)
Extract 24% Greece VAT from any gross price instantly. Enter a VAT-inclusive amount to find the net price and VAT portion.
Frequently Asked Questions
How do I remove VAT in Greece?
To remove 24% VAT from a gross price in Greece, divide the gross amount by 1.24. For example, a gross price of €124 contains €100 net and €24 VAT.
What is the VAT rate in Greece?
The standard VAT rate in Greece is 24% in 2026. A reduced rate of 13% applies to certain goods and services such as food, books, and medicines.
What is the formula for reverse VAT in Greece?
The reverse VAT formula for Greece is: Net amount = Gross price ÷ 1.24. VAT amount = Gross price − Net amount. For a gross price of €124: net = €100, VAT = €24.