VAT Calculator
£
%
VAT Amount
Gross Total
How to calculate VAT
Value Added Tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.
Adding VAT
To add VAT to a price, multiply the net amount by 1 + the VAT rate percentage. For example, for 20% VAT, multiply by 1.2.
- Net Price: £100
- VAT (20%): £20
- Gross Price: £120
Removing VAT
To remove VAT from a gross price to find the net amount, divide the gross amount by 1 + the VAT rate percentage. For example, for 20% VAT, divide by 1.2.