VAT Calculator United Kingdom ๐ฌ๐ง 2024
Calculate (Add / Remove / Reverse) VAT UK [ 20 / 5 ] Online
| Gross | 1,999.99 | ๐๏ธ |
|---|---|---|
| Net | 1,666.66 | ๐๏ธ |
| VAT | 333.33 | ๐๏ธ |
Click on the button ๐๏ธ to copy the amount
VAT in the United Kingdom
VAT (Value Added Tax) is a tax added to most products and services sold by VAT-registered businesses.
VAT is an indirect tax because the tax is paid to the government by the seller (the business) rather than the person who ultimately bears the economic burden of the tax (the consumer).
What are the VAT rates in the United Kingdom?
There are currently three rates of VAT in the UK
| Tax | % | Example |
|---|---|---|
| Standard Rate | 20% | most goods and services, restaurant meals, clothing, electronics, furniture |
| Reduced Rate | 5% | childrenโs car seats and home energy, home insulation installation |
| Zero Rate | 0% | most food and childrenโs clothes, books and newspapers |
Source: gouv.uk