VAT Calculator - UK
This is a easy to use UK VAT calculator to easily add or remove vat from any price. Also, it has options to switch between different VAT percentages, and if you need a custom VAT percentage. Our tool is the easiest to use and the fastest tool available online. Also, this tool is always updated as per NRMC.
UK VAT Calculator
Calculation History
What is VAT?
VAT (Value Added Tax) is a type of tax applied to most goods and services in the UK. It is collected by businesses on behalf of HMRC (HM Revenue and Customs). The standard VAT rate in the UK is 20%, though there are also reduced rates (5%) and zero-rated items.
Current VAT Rate:
Standard Rate (20%) on electronics, clothing, and furniture. Reduced Rate (5%) on car seats, energy-saving products. Zero Rate (0%) on most food, children’s clothes, books.
How to Add 20% VAT?
To add 20% VAT to a price, multiply the original amount by 1.20. For example, if an item costs £100 before VAT, the total including VAT will be £120.
How to Remove 20% VAT?
To remove 20% VAT from a VAT inclusive price, divide the total amount by 1.20. For instance, if a product costs £120 including VAT, the price excluding VAT will be £100.
The complete Detail on how to calculate VAT manually is given in this link (CLICK HERE)