Serbian VAT (PDV) calculator
Add or remove 20% and 10% VAT
- Net (excl. VAT)
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- VAT (PDV)
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- Total incl. VAT
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Worked out in your browser. No sign-up.
To take Serbian VAT out of a total, divide the price by 1.20 at the standard 20% rate, or by 1.10 at the reduced 10% rate. What you get is the net amount; the rest is VAT. To add VAT, multiply the net price by 1.20 or 1.10. The calculator does both and shows net, VAT and total.
How it works
Adding VAT: total = net × (1 + rate). Taking it out: net = total / (1 + rate) and VAT = total − net. So at 20%, VAT makes up 16.67% of the final price; at 10% it's 9.09%.
In Serbia VAT is called PDV (porez na dodatu vrednost). The standard rate is 20%. The reduced 10% rate covers things like bread and milk, medicines, daily newspapers, utility services and the first sale of a newly built flat. The full list is in the Serbian VAT Act.
Worked example
A landlord's agency quotes RSD 10,000 plus VAT for drawing up a lease. At the standard 20% rate the VAT is RSD 2,000, so you pay RSD 12,000.
Now the other way round. A receipt says RSD 12,000 including 20% VAT. The net amount is 12,000 / 1.20 = RSD 10,000 and the VAT is RSD 2,000. A lot of people simply knock 20% off the total and get RSD 2,400. That's wrong: VAT is charged on the net price, not on the total.
Questions people ask
How do I work out VAT from a total price?
Divide the total by 1.2 (for 20%) or 1.1 (for 10%). That gives you the net price, and the difference is the VAT. Take RSD 6,000 including 20% VAT: 6,000 / 1.2 = RSD 5,000 net and RSD 1,000 VAT.
Why is there no VAT on some Serbian invoices?
Sole traders and small firms below the registration threshold are outside the VAT system and don't charge it. Some supplies are exempt too, such as exports and certain financial services. The invoice should then say that no PDV is charged.
What's the formula in Excel or Google Sheets?
If the price with VAT is in cell A2, the net price is =A2/1.2 and the VAT is =A2-A2/1.2. To add 20% VAT to a net price in A2, use =A2*1.2.
Can I use it for VAT in other countries?
Yes. Pick “Other rate” and type it in, for example 21% for Montenegro, 17% for Bosnia and Herzegovina, 25% for Croatia or 19% for Germany. The maths is the same everywhere.
Sources
- Serbian VAT Act (Zakon o porezu na dodatu vrednost), Art. 23, via Paragraf Lex — checked 13.11.2026
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Updated: 13 November 2026