How much VAT do I pay?
Add VAT to a price, or take it out.
At a glance
The answer, and what is worth knowing.
- The standard VAT rate is 24%. The reduced rate is 13%, and the super-reduced rate is 6%.
- In a price of €124 with 24% VAT, the VAT is €24.00 and the net value is €100.00.
- On 24 islands, the rates are 30% lower: 17%, 9%, 4%.
The rates on the islands
The 30% cut rounds to the nearest whole number.
- 24% becomes 17%.
- 13% becomes 9%.
- 6% becomes 4%.
How we calculate it
From the net: the VAT is the amount times the rate. The total is the amount plus the VAT.
From a price with VAT: the net value is the price divided by 1 plus the rate. The VAT is the difference.
We checked the rules on 19 October 2026. The result is an estimate. It does not replace your payroll or your accountant.
Sources
Frequently asked questions
How do I take the VAT out of a price?
Divide the price by 1.24 for 24%. The result is the net value, and the difference is the VAT. The VAT is about 19.35% of the price.
Which goods have 13%?
Most food, water, hotels, meals in restaurants and passenger transport. Drinks and coffee served at the table have 24%.
Which goods have 6%?
Medicines, books, newspapers, theatre and concert tickets, electricity and natural gas.
Which islands have reduced VAT?
From 2026: Agathonisi, Agios Efstratios, Astypalaia, Ikaria, Kalymnos, Karpathos, Kasos, Kos, Leipsoi, Leros, Lesvos, Limnos, Megisti, Nisyros, Oinousses, Patmos, Samothraki, Samos, Symi, Tilos, Fournoi, Chalki, Chios, Psara.