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VAT calculator

This calculator allows you to work out how much VAT should be added to an amount, or to calculate the VAT in a VAT-inclusive amount.

Rates

There are three different rates of VAT, which apply to different types of goods and services:

  • Standard rate (20%)
  • Reduced rate (5.0%)
  • Zero rate (0%)
     

Starting amount

£

Calculate VAT on an inclusive amount

Add VAT to a non-inclusive amount    

  

Results

Net amount (without VAT)  

VAT at 20%  

Gross amount (including VAT)  

 
     

Thresholds

Registration threshold – You must register for VAT when the value of your taxable supplies exceeds £67,000.

Deregistration threshold – You can deregister for VAT when the value of your taxable supplies falls below £65,000.


Schemes

Annual accounting VAT scheme – You can use annual accounting if your estimated turnover in the forthcoming tax year does not exceed £1.35 million. If you are already using annual accounting, you can continue until your estimated turnover exceeds £1.6 million.

Cash accounting VAT scheme - You can use cash accounting if your estimated turnover in the forthcoming tax year does not exceed £1.35 million. If you are already using cash accounting, you can continue to use it until your estimated turnover exceeds £1.6 million.

For more information, refer to the HMRC's guide to VAT accounting schemes.

 

The calculation

If you wish to make the calculations yourself, these are the formulas you should use:

     
 

VAT-inc. price = (VAT-ex price x 0.2) + VAT-ex price

VAT-ex. price = (VAT-inc price / 1.2)

VAT = VAT-inc. priceVAT-ex price