Net Amount: £0.00
Gross Amount: £0.00
Difference (Gross - Net): £0.00
Your VAT Solution: Simple, Fast and Reliable
Hello, dear friends! Are you having a hard time with VAT? We’ve got the perfect tool for you, our VAT calculator. It’s not just any tool, it’s your helping hand for VAT problems.
You’ll notice a box on the screen. That’s where you type the amount for which you want to calculate VAT. It’s as simple as typing a message to your friend.
Next to the box, you’ll see a slider. It’s a fun and easy way to choose the VAT rate you need. It’s just like moving the volume up and down on your favourite song.
Here’s another cool part – our VAT calculator saves a history of your past calculations. It’s like a diary but for your VAT.
Getting the VAT rate is fast, even faster than making a cup of tea. No more maths, just results. So why not give it a try? It’s easy, fast and always ready to help you. Try it out, you’ll be glad you did.
Features of our Tool VAT Calculator:
Instant Response: Our VAT calculator delivers instantaneous and accurate results. When you enter the figures, our tool quickly calculates and returns an accurate VAT amount – no waiting or errors involved; just quick calculations every time.
VAT Rate Slider: Need some assistance choosing the appropriate VAT rate? Don’t worry. With our VAT rate slider, we have you covered. Simply slide around until you find the one that applies best – it’s like playing a game.
Accurate Results: After entering your data, our tool provides detailed results. You’ll see the Net Amount, VAT Amount and Gross Amount amounts plus the Difference (the Gross Amount less the Net Amount). No guesswork here – get all the facts straight away.
VAT History: Need help remembering what calculations you completed earlier? With our tool, it keeps a history of all of the VAT calculations you make so you can review what has already been completed – like keeping a VAT diary.
Works without the Internet: Our VAT calculator works offline, ensuring you can calculate VAT anytime, anywhere. No internet? No problem. This tool is designed to serve you even without a Wi-Fi connection. It’s a reliable partner for all your VAT needs, online or offline.
Reverse VAT Calculation: Our VAT calculator also features a handy reverse VAT feature, enabling you to subtract VAT from the total sum to find its original price – making VAT management simple and efficient.
Latest Updates for VAT Calculator(9th September 2023)
- Added a new VAT percentage input box that can take input from 1 to 100. It is beneficial for those who don’t want to use the slider for VAT percentage
- Bug Fix:- There is no error now
Some details related to VAT
What is VAT? A Quick Introduction
Value-Added Tax, or VAT, is a fundamental part of the financial landscape in the UK. Whether you’re a business owner, a regular shopper, or simply trying to navigate everyday finances, understanding VAT is essential. But don’t worry if numbers aren’t your strong suit – we’ve got you covered. This comprehensive guide will take you through the ins and outs of VAT and show you how our newly developed VAT calculator can simplify all your VAT calculations.
Our VAT Calculator is an efficient tool designed to quickly and accurately calculate VAT on goods or services smoothly and precisely, saving time from manual VAT calculations. Specifically designed to adhere to UK-specific VAT rates and rules while meeting all of your VAT calculation needs efficiently and accurately.
VAT is calculated as a percentage of the selling price of goods and services. The standard VAT rate in the UK is currently 20%. So, if a product costs £100 before VAT, the VAT would be £20, making the total price £120. Our VAT calculator tool can help you quickly and accurately calculate VAT.
VAT inclusive price is the total price of the product or service including VAT. VAT exclusive price is the original price of the product or service before VAT is added. For example, if a product is priced at £120 including VAT at 20%, the VAT-exclusive price would be £100.
Reverse VAT calculation is a feature that allows you to find the original price before VAT was added. For example, if you know the total price including VAT is £120 and the VAT rate is 20%, you can use the reverse VAT calculation to find that the original price before VAT was £100.
Yes, with our VAT calculator, you can calculate VAT without an internet connection. It’s designed to work offline, ensuring you can calculate VAT anytime, anywhere.
A VAT rate slider is a feature in our VAT calculator that allows you to adjust the VAT rate as per your needs. It’s a simple and interactive way to choose the appropriate VAT rate for your calculations.
In the UK, there are three main VAT rates: the standard rate (20%), the reduced rate (5%), and the zero rate (0%). Different goods and services are taxed at different rates. For example, most food items are zero-rated, while luxury items are taxed at the standard rate.
Yes, there are certain goods and services that are exempt from VAT in the UK. These include some types of education and training, insurance, certain types of property transactions, and some health services.
Our VAT Calculator is an efficient tool designed to quickly and accurately calculate VAT on goods or services for you. Think of it as your personal finance assistant who will make VAT calculations a simpler experience. Designed specifically to adhere to UK-specific VAT rates and rules while meeting all your calculations needs with precision and relevance.
Our VAT Calculator is an efficient tool designed to quickly and accurately calculate VAT on products or services purchased, saving time and effort when making calculations yourself. Developed specifically to comply with UK-specific VAT rates and rules while remaining accurate enough for all of your VAT calculation needs.
Our VAT Calculator is an effective and time-saving way to quickly and accurately calculate VAT when purchasing goods or services, saving both time and effort when doing calculations manually. Specifically designed to conform with UK-specific VAT rates and rules while remaining accurate enough for all your calculation needs.
Understanding VAT calculations is crucial for both businesses and consumers alike, providing essential tax compliance and accurate pricing measures while helping individuals gain insight into how much items cost them overall.
Calculating VAT for a Product Purchase
Let’s say you’re buying a smartphone that costs £800 excluding VAT. The standard VAT rate in the UK is 20%. To calculate the VAT, you would multiply the cost of the smartphone by the VAT rate:
£800 * 20% = £160
So, the VAT on the smartphone is £160. The total cost of the smartphone, including VAT, would be £800 + £160 = £960.
Let’s say you’re buying a smartphone that costs £500 before VAT. The standard VAT rate in the UK is 20%. So, to calculate the VAT, you multiply the cost of the smartphone by the VAT rate:
£500 * 20% = £100
So, the VAT on the smartphone is £100. The total cost of the smartphone, including VAT, would be:
£500 (cost of smartphone) + £100 (VAT) = £600
Suppose you hire a professional to paint your house, and they charge £800 before VAT. Again, using the standard VAT rate of 20%, the VAT would be:
£800 * 20% = £160
So, the VAT on the service is £160. The total cost of the service, including VAT, would be:
£800 (cost of service) + £160 (VAT) = £960
Reverse/Remove VAT Calculation for a Service
Imagine you have hired a service for a total cost of £1200, and this price includes VAT at the standard rate of 20%. You want to find out how much of that is VAT. To calculate this, you would divide the total cost by 1 plus the VAT rate:
£1200 / 1.20 = £1000
So, the original cost of the service before VAT was added is £1000. The VAT amount can be found by subtracting this from the total cost:
£1200 – £1000 = £200
So, the VAT on the service is £200.
Let’s say you bought a television for £720, and this price includes VAT at 20%. You want to find out how much the television cost before VAT was added. To do this, you divide the total cost by 1 plus the VAT rate:
£720 / 1.20 = £600
So, the television cost £600 before VAT was added. The VAT amount can be calculated as:
£720 (total cost) – £600 (cost before VAT) = £120
So, the VAT on the television was £120.
Suppose you hired a contractor to remodel your kitchen, and the total cost, including VAT, was £3600. The VAT rate is 20%. To find out how much the service cost before VAT was added, you divide the total cost by 1 plus the VAT rate:
£3600 / 1.20 = £3000
So, the service cost £3000 before VAT was added. The VAT amount can be calculated as:
£3600 (total cost) – £3000 (cost before VAT) = £600
So, the VAT on the service was £600.
When a price is VAT-inclusive, it means that the price includes the Value Added Tax. This is the total amount that a customer pays for a product or service. In other words, the VAT has already been added to the price. For example, if a product is priced at £120 and this is a VAT-inclusive price, it means that the £120 includes the cost of the product and the VAT.
Let’s say you go out to eat at a restaurant. The menu prices are usually VAT-inclusive. This means the VAT is already included in the price you see on the menu. So, if you order a meal that is listed as £15, you will pay £15. This price includes the cost of the meal and the VAT. The restaurant will later pay the VAT portion of this price to the government.
Suppose you’re shopping for a new shirt. The price tag says £30. This is a VAT-inclusive price. It includes the cost of the shirt and the VAT. So, you pay £30 at the checkout. The retailer will later separate the VAT portion of this price and pay it to the government.
What is VAT Exclusive?
On the other hand, when a price is VAT exclusive, it means that the price does not include Value Added Tax. This is the original price of the product or service before VAT is added. Businesses often use VAT-exclusive prices when they sell to other businesses, as these businesses can usually reclaim the VAT. For example, if a product is priced at £100 and this is a VAT-exclusive price, it means that VAT will be added to this price to get the final amount that a customer needs to pay.
Suppose you own a retail store and you’re buying goods from a wholesaler. The wholesaler quotes you a price of £500 for a batch of goods. This is a VAT-exclusive price. It’s the cost of the goods before VAT is added. The wholesaler will add VAT to this price at the standard rate of 20%, so you’ll actually pay £600 in total (£500 for the goods plus £100 VAT).
Let’s say you’re a business owner hiring a marketing agency for a campaign. The agency charges £2000 for their services. This is a VAT-exclusive price. It’s the cost of the services before VAT is added. The agency will add VAT to this price at the standard rate of 20%, so you’ll actually pay £2400 in total (£2000 for the services plus £400 VAT).
Reversing / Removing VAT
Reversing or removing VAT refers to the process of finding the original price of a product or service before VAT was added. This is often used when you know the total price (including VAT) and the VAT rate, and you want to find out the original price before VAT.
If you know the total price (including VAT) and the VAT rate, the formula to find the original price before VAT is:
Original Price = Total Price / (1 + VAT Rate)
Adding / Including VAT
Adding or including VAT refers to the process of adding the VAT to the original price of a product or service. This is used when you know the original price and the VAT rate, and you want to find out the total price including VAT.
If you know the original price and the VAT rate, the formula to find the total price including VAT is:
Total Price = Original Price * (1 + VAT Rate)
Differences between Removing VAT and Adding VAT:
|It is used to find the total price after VAT is added.|
|The formula is: Total Price = Original Price * (1 + VAT Rate)|
|It is often used by businesses to find out how much VAT they need to charge their customers.|
|It is used by consumers to understand the total cost of goods and services including VAT.|
|It is used to find the original price before VAT was added.|
|The formula is: Original Price = Total Price / (1 + VAT Rate)|
|It is often used by businesses to find out how much they can reclaim in VAT.|
|It is also used by consumers to understand the breakdown of the total price of goods and services.|
VAT rates and exemptions in different products, goods and services in the UK
|Zero-Rated (0%)||✅ Zero-rated goods and services are goods or services on which VAT is not charged, although it’s technically taxable for VAT at the 0% rate.|
✅ Businesses selling such goods or services can claim back their input VAT while not charging their customers any VAT.
|👉🏼Most food items, children’s clothes, books|
|Standard-Rated (20%)||✅ Standard-rated goods and services are those on which VAT is charged at its standard rate – currently 20% in the UK. |
✅ Businesses must add this rate into their selling price before paying it over to the government less any input VAT they can reclaim.
|👉🏼Most electronic goods, restaurant meals, alcoholic drinks|
|Reduced-Rated (5%)||✅ Some goods and services are charged VAT at a reduced rate of 5%.||👉🏼Some energy-saving materials and heating equipment, certain mobility aids for the elderly|
|Exempt||✅ Exempt goods and services are those on which no VAT is charged.|
✅ Businesses selling these items cannot claim back any input VAT. ✅ Therefore the VAT cost becomes an actual expense to these businesses.
|👉🏼Financial services, education, health and welfare services, certain types of property transactions|
Categories of goods and services along with their VAT rates
Table 1: Food and Drink, Animals, Animal Feed, Plants and Seeds
|✅Food and drink for human consumption||Zero-rated|
|✅Catering, alcoholic drinks, confectionery, crisps and savoury snacks, hot food, sports drinks, hot takeaways, ice cream, soft drinks and mineral water||Standard-rated|
|✅Certain animals, animal feeding products, plants and seeds||Zero-rated|
Table 2: Sport, Leisure, Culture and Antiques
|✅Physical education and sports activities||Exempt|
|✅Betting and gaming, bingo, lottery ticket sales, online lottery games, retailer commission on lottery ticket sales||Exempt|
|✅Admission charges by public authorities or eligible cultural bodies to certain cultural events||Exempt|
|✅Antiques, works of art or similar (as assets of historic houses) sold by private treaty to public collections||Exempt|
Table 3: Health, Education, Welfare and Charities
|✅Admission charges by charities, |
✅Advertising services for charities,
✅Certain goods sold at charitable fundraising events,
✅Charitable fundraising events,
✅Charity shops — selling donated goods,
✅Sale of new buildings for a relevant charitable purpose
|Exempt or Zero-rated|
|Care or medical treatment provided by a qualifying institution like |
✅Hospice or nursing home,
✅Dispensing of prescriptions by a registered pharmacist,
✅Health services provided by registered doctors,
✅Pharmacists and other health professionals
|Exempt or Zero-rated|
✅Vocational training and other connected services provided by an eligible body like a school, college or university
Table 4: Power, Utilities, Energy and Energy Saving, Heating
|✅Electricity for domestic and residential use or for non-business use by a charity, |
✅Gas for domestic and residential use or for non-business use by a charity,
✅Heating oil for domestic and residential use or for non-business use by a charity,
✅Solid fuel for domestic and residential use or for non-business use by a charity
✅Septic tanks or similar (domestic) — emptying,
✅Sewerage services supplied to domestic or industrial customers,
✅Water supplied to households
Table 5: Building and Construction, Land and Property
|✅Substantial reconstructions to protected buildings that are buildings used as a dwelling, |
✅The installation of a bathroom or lavatory,
✅Constructing ramps and widening doorways or passageways for disabled people in their own homes,
✅Construction and first freehold or long leasehold sale of a new building for a relevant charitable purpose, or residential ✅purposes
✅Construction and first freehold or long leasehold sale of new domestic buildings
Table 6: Transport, Freight, Travel and Vehicles
|✅Aircraft repair and maintenance, |
✅Freight transport to or from a place outside the UK,
✅Freight containers — sale, lease or hire to a place outside the UK and the EU,
✅International freight transport that takes place in the UK and its territorial waters
|✅Houseboat moorings, |
✅Parking spaces or garages supplied with houseboat moorings,
✅Passenger transport in a vehicle,
✅Boat or aircraft that carries not less than 10 passengers
|Exempt or Zero-rated|
Table 7: Printing, Postage, Publications — Books, Magazines and Newspapers
✅Children’s painting and picture books
✅Maps and charts
✅Printed or copied music
Table 8: Clothing and Footwear
✅Children’s clothes and footwear
Table 9: Protective and Safety Equipment
|✅Carrycots with restraint straps, |
✅Children’s car seats,
✅Booster seats and booster cushions,
✅Children’s safety seats with the bare wheeled framework,
✅Cycle helmets — CE marked,
✅Motorcycle helmets that meet safety standards,
✅Protective boots and helmets for industrial use
Table 10: Financial Services and Investments, Insurance
|✅Financial services including the issue, |
✅Transfer or receipt of, or dealing with money,
✅Securities for money or orders for the payment of money,
✅The granting of credit such as loans,
✅The management of credit by the person who has granted it,
✅The provision of the facility of instalment credit finance, for example, hire-purchase
Table 11: VAT-Exempt Food Products in the UK
|Exempt from VAT in the UK||Exempt from VAT in the UK||Exempt from VAT in the UK|
|Various types of bread (e.g., rolls, baps, pitta)||Assorted canned and frozen foods (excluding ice cream)||Ready meals (chilled/frozen)|
|Edible oils used for cooking||Different kinds of cereals||Poultry, eggs, and other meats|
|All types of fish (including live ones)||A variety of fruits and vegetables||Dairy products like milk, butter, and cheese|
|Raw nuts and pulses for human consumption||Cold sandwiches||Culinary salt|
|Beverages like tea, coffee, and cocoa||Household water||Biscuits (excluding those covered in chocolate)|
|Various cakes (including Jaffa Cakes and chocolate teacakes)|
Table 12: Non-VAT Exempt Food Products in the UK
|Non-Exempt from VAT in the UK||Non-Exempt from VAT in the UK||Non-Exempt from VAT in the UK|
|Hot take-away food & drinks (including burgers, hot dogs, toasted sandwiches etc.)||Bottled water (including mineral water) & Carbonated drinks||Ice cream|
|Alcoholic beverages||Confectionery/sweets||Nuts (if they are shelled, roasted & salted)|
|Biscuits (only those covered in chocolate)||Cold drinks (excluding milk), including fruit juice||Potato crisps|
|Chocolate||Food & drinks supplied for consumption on the premises (at restaurants, cafes etc.)||Cereal bars|
Table 13: Items with Zero VAT in the UK
|Items with Zero VAT in the UK||Items with Zero VAT in the UK||Items with Zero VAT in the UK|
|Assorted cakes (including Jaffa Cakes and Chocolate teacakes)||Equipment for those with disabilities (including items for the blind/partially sighted)||Various types of bread (e.g., rolls, baps, pitta)|
|Public transport fares (including bus, train & tube)||Ready meals (chilled/frozen)||Sale/charter of aircraft|
|Poultry and other meats||Leaflets, brochures & pamphlets||Domestic & industrial sewerage services|
|Canned & frozen foods (excluding ice cream)||E-books, maps & traditional books||Industrial protective boots & helmets|
|Beverages like tea, coffee, and cocoa||Animals for human consumption (live)||Household water|
|Goods sold at charity shops (donated items)||Biscuits (excluding those covered in chocolate)||Raw nuts & pulses for human consumption|
|Prescription medications||New domestic buildings (construction & sale)||Cold sandwiches|
|Transport services in a vehicle, boat or aircraft (carrying not fewer than ten passengers)||Newspapers, magazines & journals||Various types of cereals|
|Fish (including live ones)||Services for disabled people in the building||Culinary salt|
|Cooking oils||Dairy products like milk, butter, and cheese||A variety of fruits and vegetables|
|Shipbuilding (15 tonnes or over)||Eggs||Helmets for bicycles & motorcycles|
Table 14: VAT rates on different goods and services from the UK
|Goods or Services||VAT Rate|
|Physical education and sports activities||Exempt|
|Betting and gaming — including pool betting and games of chance||Exempt|
|Bingo — including remote games played on the internet, telephone, television or radio||Exempt|
|Lottery ticket sales||Exempt|
|Online lottery games||Exempt|
|Retailer commission on lottery ticket sales||Exempt|
|Admission charges by public authorities or eligible cultural bodies to certain cultural events such as visits to museums, art exhibitions, zoos and performances||Exempt|
|Antiques, works of art or similar (as assets of historic houses) sold by private treaty to public collections||Exempt|
|Antiques, works of art or similar (as assets of historic houses) used to settle a tax or estate duty debt with HMRC||Exempt|
Please remember that these are broad categories and there might be exceptions within each one. For the most accurate and current information, always refer to the official UK government’s website or consult with a tax professional.
Please be aware that these rates only apply if certain conditions or specific circumstances exist, including some or all of the following factors:
- Who’s providing or buying them
- Where they’re provided
- How they’re presented for sale
- The precise nature of the goods or services
- Whether you obtain the necessary evidence
- Whether you keep the right records
- Whether they’re provided with other goods and services
Other conditions may also apply. For more detailed information, you can refer to the official UK government’s website.