What are the UK VAT rates?
The standard rate is 20%, the reduced rate is 5% and the zero rate is 0%. Which one applies depends on what you sell. Check GOV.UK for your goods or services.
How do I add VAT to a price?
Multiply the price before VAT by 1.2 for the standard rate. £100 becomes £120, of which £20 is VAT. This calculator does it for any rate.
How do I take VAT out of a price?
Divide the price including VAT by 1.2 for the standard rate. £120 becomes £100, with £20 VAT. Do not just take 20% off, because that gives the wrong answer.
Do I have to register for VAT?
You must register if your taxable turnover goes over the threshold, which has been £90,000. Rates and thresholds change, so check the current figures on GOV.UK before relying on them.
Is this advice?
No. It is a calculator for quick sums. For anything that affects your tax, check GOV.UK or ask an accountant.