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Data from official sources · Made in Argentina

VAT calculator Trinidad and Tobago

Value Added Tax applies to most goods and services in Trinidad and Tobago and is included in the price you pay at the till.

Use this to add VAT to a quote or to find the VAT inside a receipt.

What do you want to do?

How it's calculated

  1. To add VAT: multiply the price by 12.5% and add the result.
  2. To take VAT out: divide the price by 1 plus the rate. The difference is the VAT.

An example

A TT$1,000 price plus VAT comes to TT$1,125. A receipt for TT$450 includes TT$50 of VAT.

Frequently asked questions

What is the VAT rate in Trinidad and Tobago?

The standard rate is 12.5%. Some basic food items are zero-rated, so no VAT is charged on them.

When must a business register for VAT?

When its commercial supplies are more than TT$600,000 in a 12-month period, or are expected to be.

Can a business recover the VAT it pays?

Yes. A VAT-registered business deducts the VAT it paid on business purchases from the VAT it charged its customers, and pays or claims back the difference.

Key terms

Zero-rated
Taxable at a rate of 0%, so the buyer pays no VAT on that item.
Tax invoice
The invoice a VAT-registered business must issue, showing the VAT charged.

The same calculation in other countries

Up-to-date official data

Data checked against the official source on .

We check the official sources automatically, every day.

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