VAT

VAT Tax Amount

Calculate the VAT that has been paid or will be paid on amounts where VAT is included in the amount entered at the standard rate of 20%.

From 15 July 2020 to 12 January 2021, a reduced rate of 5% applies in certain cases and is not covered by this calculator.

Calculate the VAT

Starting figure (£): *

Does this figure already include VAT?:

Yes

No

The current rates and thresholds

Registration threshold	£85,000
Deregistration threshold	£83,000
Annual accounting threshold up to	£1,350,000
Cash accounting scheme up to	£1,350,000
Flat rate scheme up to	£150,000
Standard VAT rate	20%
Reduced rate	5%