Calculators

Free VAT calculator for United Kingdom

£ + = = £

Formulas to calculate the United Kingdom VAT

Calculate the amount of VAT by choosing the rate that suits you and apply the following formula Amount excluding VAT x (VAT rates/100)

The amount of tax (including VAT) is the addition of the Amount excluding VAT + VAT amount

What is VAT?

VAT – or Value Added Tax – is a type of tax that is charged by businesses at the point of sale of goods and services sold in the UK and the Isle of Man. Basically it is a tax on business transactions.

VAT CALCULATOR

If you are based in the UK and struggling to calculate the VAT, then you don’t need to get hassled anymore. Our website gives you a very effective and convenient VAT calculator that simplifies the addition and subtraction from any number. All you need to do is enter your price in the required field to calculate the net or gross amounts.

How to calculate taxes for residents of the United Kingdom (VAT) in 2020

When a company sells a good or service to a customer, he invoices him the amount tax (including tax) which includes the price without taxes + VAT (value added tax).

Calculating VAT tax with the appropriate rate

Standard VAT rate (20%)

The standard VAT tax is levied on all sales transactions of goods or services that are not part of the other levels. The VAT increased from 17.5% to 20% on 4 January 2011.

Reduced rate (5%)

The reduced VAT tax is levied on certain products and services, such as car seats for children, materials for energy saving and energy used in the home, nicotine and other products for quit smoking and more.

VAT rate at 0%

Many products and services are exempted from taxes such as publications (books, magazines, etc.), financial services, several products and services in the health field, and more.

See VAT rate in the UK goods and services

Flat Rate in 2020

To calculate the rate you would keep as a business on the VAT, you can visit the website of the flat rate calculator for UK.

Vat Registration

The VAT registration thresholds amount that decides if a person or a business must register for VAT will stay the same for until march 31 2020 at £85,000.

Note that the de-registration will also remain the same at £83,000.

The government publication has more information that’ll give you a better insight on the registration and de-registration details.

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