20% standard rate

VAT Calculator

Add or remove VAT from a price, or estimate what you'd owe under the Flat Rate Scheme.

I have

Amount

Net (ex-VAT)£0

VAT (20%)£0

Gross (inc-VAT)

£0

Flat Rate Scheme estimate

Estimate your VAT bill under the Flat Rate Scheme versus standard VAT accounting, based on your VAT-inclusive turnover.

VAT-inclusive turnover

per year

Trade sector

The 16.5% "limited cost trader" rate overrides your sector rate if you spend very little on goods - check which applies to you on GOV.UK.

First year of VAT registration (1% discount)

VAT you'd charge customers£0

VAT owed under Flat Rate£0

Better off under Flat Rate by

£0

This comparison ignores VAT you could otherwise reclaim on purchases under standard accounting - the Flat Rate Scheme usually suits businesses with low VATable expenses. Get a proper comparison from your accountant before switching schemes.