This online VAT calculator shows you how to calculate VAT with the net and gross amounts and show how much VAT there is in a purchase to subtract for your accounts or the value of VAT you should add to an amount to produce the gross value.
Either enter the net amount or gross amount depending on your requirements and press calculate to see the input VAT charge by HMRC customs and excise.
Copy and paste the following code into your website and the widget as shown above will appear and work as it is here.
We host this calculator so it won't impact your web performance at all and if the VAT rates ever change, we simply update our code and your website will automatically have the changes too !
Add a new service to your own website visitors today.
The code must appear exactly as it does above otherwise it won't work.
If you like this widget you may also like our mortgage repayment calculator widget that you can also add for free to your website.
The current standard VAT rate is 20% and previous rates were :
To calculate vat just select the rate you want on the calculator below.
If you have a gross amount and want to determine the net value simply divide the gross value by 1.20 and this provides the value without VAT included. For example, an invoice that includes vat that totals £150 would have a VAT amount of £25 and the net would be £125 - this is calculated by dividing £150 by 1.2 which gives the net value of £125 - the difference being the VAT at 20%.
If you have figure you want to add VAT to, multiply by 0.20% to find the VAT value or 1.20 to find the gross value including VAT. For example an invoice of £125 multiplied by 20% provide a VAT figure of £25
The net amount is the value you use in your accounts for purchases and sales if you are a VAT registered company.