VATToolkit
Reverse VAT Calculator Latvia

Latvia Reverse VAT Calculator (2026)

Extract 21% Latvia 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 Latvia?

To remove 21% VAT from a gross price in Latvia, divide the gross amount by 1.21. For example, a gross price of €121 contains €100 net and €21 VAT.

What is the VAT rate in Latvia?

The standard VAT rate in Latvia is 21% in 2026. A reduced rate of 12% applies to certain goods and services such as food, books, and medicines.

What is the formula for reverse VAT in Latvia?

The reverse VAT formula for Latvia is: Net amount = Gross price ÷ 1.21. VAT amount = Gross price − Net amount. For a gross price of €121: net = €100, VAT = €21.

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