Question 1

What VAT rate does this calculator use for Trinidad and Tobago?

Accepted Answer

This calculator uses the standard VAT rate of 12.5%.

Question 2

How do you work VAT out from a VAT-included amount?

Accepted Answer

The VAT part is calculated as VAT-included amount multiplied by 1/9, which comes from the 12.5% rate.

Question 3

When is VAT registration generally required in Trinidad and Tobago?

Accepted Answer

Registration is generally required when taxable turnover exceeds TTD 600,000 in any twelve-month period.

Item	Value
Standard VAT rate	12.5%
Add VAT to an amount	Amount before VAT x 1.125
Work VAT out of a VAT-included amount	VAT-included amount x 1/9

VAT Calculator TT

VAT calculator