VAT Calculator Online(UK)

Use UK VAT calculator to add or remove value-added tax rates on your initial amount online. It's free and no manual calculation needed.

Overview

  1. About VAT Calculator
  2. History of VAT
  3. How to Add/Remove VAT Manually?
  4. Examples
  5. How to Use?
  6. Advantages
  7. FAQs

About UK VAT Calculator

VAT Calculator Online UK

First of all, let me tell you something basic about VAT.

VAT stands for "Value-Added Tax". It is applied to most of the goods and services and charged by UK businesses. In short, it is one type of business transaction tax that all consumers need to pay.

We have developed this VAT Calculator because of recent VAT rate changes. There are so many sites available on the internet. But they do not allow users to change the rate of VAT. Therefore, we created this site. So, all the individuals and business users get access to change VAT rates. In our calculator, you can enter any value in the VAT field and calculate VAT as per your requirements.

History of VAT

It was introduced in 1973 with the replacement of "Selective Employment Tax" and "Purchase Tax". The current VAT rate in UK is 20%. But it was 17.5% before the January 4th, 2011. In addition, the standard rate of VAT was 15% reduced on December 1st, 2010. But it was temporary reduction and it went back to 17.5% on January 20th, 2010.

How to add/remove VAT from price manually?

First of all, we will check for VAT inclusion/addition.

It's a very easy deal.

Simply multiply the initial amount by "1 + VAT (%)".

i.e. if VAT is 20% then multiply by "1.20".

Example: Add VAT in £95.00

£95.00 multiply by 1.20 = £114.00

Now, subtract £95.00 from £114.00 = £114.00 - £95.00 = £19.00

As per buyer point of view:

£19.00 is the VAT amount that we need to pay if we purchase a £95.00 price product.

As per seller point of view:

We can say that £19.00 is the VAT Amount that we need to add to sell a £95.00 price product.

Now, we will discuss How to remove VAT manually?

It's a reverse process of VAT inclusion. In VAT addition, we are performing multiplication. But in exclusion, we need to perform division.

Let's take an example to understand it.

Example: remove VAT from £105.00

£105.00 divide bt 1.20 = £87.50

Now, subtract £87.50 from £105.00 = £105.00 - £87.50 = £17.50

Therefore, £17.50 is the VAT amount that we need to pay if we purchase a £105.00 price product.

So, you can use this simple multiplication and division trick and calculate the VAT manually. But you don't need to do it all the time. Because it becomes more complicated when we deal with big amounts. So, use our VAT Calculator to make it easy and fast. Also, it will save human's time and effort.

How to use VAT Calculator?

Firstly, let me tell you that you can perform two types of VAT calculations in this tool.

  1. Inclusion(Add) of VAT
  2. Exclusion(Remove) of VAT

So, you can add or remove VAT using this calculator with few keystrokes.

Before start the calculation process you need to fulfill some pre-requirements. Without it, you can not go forward.

It's an online tool. So, you need a smart device that access the Internet. Then open any browser like Chrome or Safari and open the UK VAT Calculator.

Now, follow the steps below to use the calculator.

1. Enter Initial Amount

When you open the tool, you can see some input fields at the top of the page. So, firstly, you need to enter the Initial amount in first field. It can be VAT included or excluded.

Enter Initial Amount
2. Enter VAT Rate(in %)

Second field is for VAT Rate. It is by default set to standard rate of 20%. You can change it as per your need.

Enter VAT Rate
3. Add/Include VAT

Now, if you want to find amount added with VAT then click on "Add VAT" button. As a result, you will get final price with 20% VAT included.

Add/Include VAT
4. Remove/Exclude VAT

Similarly, you can exclude VAT percentage amount by clicking "Remove VAT" button. As a result, you will get price with 20% VAT excluded.

Remove/Exclude VAT
5. Get Results

Finally, it gives Net Amount, VAT Amount, and Gross Amount as an output. So, you can easily figur out all type of charges.

Get Results

In short, you can use this calculator and figure out the Gross and VAT price that you need to pay to the dealers or business owners.

Advantages of VAT Calculator

There are so many advantages to the online VAT calculator. Some of them are as below.

  • Handy Tool: It's a handy calculator. Because you can use it on your mobile or tablet.
  • User-Friendliness: Our calculator's design is very simple-sober, and user-friendly. We give a lot of attention to design. Because it is the only way that we can use to increase the user experience.
  • VAT(%) Change Access: Most importantly, users have access to change the VAT rate. So, you can choose whatever rate you want.
  • Quick Output: You will get final output in just a few seconds. No page loading issue. So, users don't need to wait for the results. Even more, you can run it with low internet speed.
  • Accuracy: Lastly, this tool always gives you an accurate results. Because there is a pre-defined algorithm is coded behind the tool and it works very smoothly and accurately. There is nearly 0% chance for false output.

FAQs

The current standard VAT rate is 20%. Also, it keeps changing to balance the economy of the country. You can check the latest rate updates here: https://www.gov.uk/vat-rates.

In addition, the reduced VAT rate is 5% and it is applied to some services and goods (i.e. children's car seats and home energy). Even more, most of the food and children's clothes have a 0% VAT rate and it's called Zaro Rate.

All countries have different VAT rates. Also, some countries are not using VAT. One of the biggest examples is the USA. US government is not using VAT. Here is the list of VAT rates of some nations.

NationVAT Rate(%)
India5.5%
Australia10%
Japan10%
Argentina21%
Bangladesh15%
Finland24%
Denmark25%
France20%
Greece24%
Italy22%
Ireland23%
Ghana15%
Iran9%
Iceland24%
New Zealand15%
Peru18%
Russia20%
Congo16%
South Africa15%
Saudi Arabia5%

Note: This rate is taken in January 2020. We recommend you to check the latest rate from a specific nation's official government website.

No, it's totally free for all online users. No calculation limits and no subscription.

Yes, you can change the vat rate. All users have access to change the VAT rate(%) as per their requirements.

Yes, you can add/include VAT rates to your actual price.

Yes, you can remove/exclude VAT rates from your actual price.

It will take less than a second to do the calculation.