Online VAT Calculator

Take the effort out of VAT calculations with Naseems free Online VAT calculator

What is a Online VAT Calculator?

A online VAT Calculator quickly adds or subtracts VAT from any amount. A multi-step calculation becomes a couple of clicks. You don’t need to know the formulas for adding or extracting VAT anymore. And you can forget the percentages element too – the calculator does it all for you.

How does the online VAT calculator work?

Without the Naseems Accountants VAT calculator, you need to work out your VAT manually –VAT is charged at the rate that applies to products in UK.

This online VAT calculator will help you calculate your VAT easily.
First, you need to decide if you’re using the standard 20% rate or a reduced 5% VAT rate, including the vat formula. Then divide the amount by 100. After that, multiply it by (100 + VAT percentage). If you need to calculate excluding vat formula, then after the first step, divide the amount by (100 + VAT percentage) and multiply it by 100.

INCLUDING VAT FORMULA

EXCLUDING VAT FORMULA

How much is VAT in the UK?

Businesses who are VAT registered can collect Value Added Tax on behalf of HMRC. In such addition, companies can claim the VAT back on significant purchases as well. Therefore, after registering for VAT, each company receives its VAT number.

Standard Rate of 20%:

Applies to most goods and services in the UK

Reduced Rate of 5% :

The reduced rate of 5% applies to some goods and services such as protective and safety, heating, energy-saving equipment, etc.

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