UK VAT Calculator Effortless VAT Addition and Deduction

3 min read

UK VAT Calculator | The Simple Way to Add or Remove VAT

Use our UK VAT calculator to effortlessly add or remove VAT for invoicing or pricing purposes. Simply select the relevant VAT rate—5%, 12.5%, or 20%

This tool makes VAT calculations quick and easy, whether you're preparing quotes, processing invoices, or adjusting prices. Just enter your figures and let the calculator do the work for you!

 

UK VAT Calculator

 


Use Of This Calculator

  1. Enter the net or gross figure.
  2. Check the VAT rate. It’s preset to 20%.
  3. Select either "Deduct VAT" to calculate an amount excluding VAT or "Add VAT" to calculate an amount including VAT.
  4. The calculation automatically updates.

More about UK VAT Calculator

VAT (Value Added Tax) is a tax payable on the purchase of goods or services.

In the UK, the current standard VAT rate is 20%, but there are other VAT rates in place:

  • Standard VAT: 20%
  • Reduced Rate: 5%
  • Temporary VAT Rate: 12.5%
  • Zero Rate: 0%

Most goods and services are subject to the standard VAT rate unless classified as reduced or zero-rated.


HOW TO CALCULATE VAT

  • To add UK VAT to a price or invoice:
    Multiply the amount by 1.2 (for 20% VAT).
    This gives the Gross Amount (including VAT).

  • To subtract UK VAT from an amount:
    Divide the amount by 1.2 (for 20% VAT).
    This gives the Net Amount (excluding VAT).


Frequent UK VAT Calculations

Quote Net Amount (£) VAT at 20% (£) Gross Amount (£)
£50 plus VAT 50 10 60
£100 plus VAT 100 20 120
£150 plus VAT 150 30 180
£200 plus VAT 200 40 240
£250 plus VAT 250 50 300
£300 plus VAT 300 60 360
£500 plus VAT 500 100 600
£750 plus VAT 750 150 900
£800 plus VAT 800 160 960

BENEFITS OF ONLINE UK VAT Calculator

The UK VAT (Value Added Tax) calculator is an essential tool for UK businesses. VAT is one of the largest expenses businesses face, and it can be complex and time-consuming to calculate manually. VAT calculators simplify this process and can calculate VAT within minutes.

These calculators are particularly useful for:

  • VAT-registered businesses working on VAT returns,
  • Calculating VAT payable on new purchases,
  • Determining VAT recoverable on VAT-paid goods.

VAT calculators can replace manual calculations, making VAT accounting more efficient. They are widely available online and support VAT calculations on invoices before submitting VAT returns. Businesses can easily check VAT on goods sold and purchased.

Key Benefits:

  • Quick and easy VAT calculations
  • Saves time on manual accounting
  • Ensures VAT accuracy on sales and purchases
  • Assists with VAT returns and other tax forms

Every VAT-registered business must record their sales, and ensuring VAT is correctly calculated is crucial. VAT calculators are therefore a valuable resource for businesses.


HOW TO USE OUR UK VAT Calculator

  1. Enter the relevant figures into the UK VAT Calculator
  2. Select the VAT rate applicable to your business or transaction.
  3. Results are updated automatically.

FREQUENTLY ASKED QUESTIONS

What does VAT stand for?
VAT stands for Value Added Tax.

How to register for VAT in the UK?
You can apply to register for VAT through the HM Revenue and Customs (HMRC) website.

What is the VAT threshold?
A business must register for VAT if its VAT taxable turnover exceeds £85,000 in a rolling 12-month period.

What is VAT-registered?
Being VAT-registered means that your business is registered with HMRC and is required to charge VAT on the goods and services you sell (unless exempt).

How to check if a company is VAT-registered?
HMRC provides an online tool to check VAT registration, which can be accessed here.


FURTHER RESEARCH

Visit the HMRC website for more information on VAT regulations.


INTERNATIONAL CALCULATORS

 

Popular Posts
01
ielts exam example

ielts exam example

Getting Started
02
Best electric lawn mowers in 2023

Best electric lawn mowers in 2023

Getting Started
03
Tips on How to Boost Milk Supply Naturally For a New Mom

Tips on How to Boost Milk Supply Naturally For a New Mom

Getting Started
04
How Primary Teachers are Promoted

How Primary Teachers are Promoted

Getting Started
05
Agrovet Store POS System in Kenya

Agrovet Store POS System in Kenya

Getting Started
06
Therapy Guide - Types of Therapy ,Cognitive Behavioral Therapy Counseling in Nairobi Kenya

Therapy Guide - Types of Therapy ,Cognitive Behavioral Therapy Counseling in Nairobi Kenya

Getting Started