Online VAT Calculator
VAT Calculator and Reverse Backwards Vat Calculator
Net Amount (Exclusive of VAT)
£0.00
Gross Amount (Inclusive of VAT)
£0.00
Total VAT
£0.00
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How to use the VAT calculator
Two main VAT Rates currently exists in the UK Standard rate of 20% and reduced rate of 5%, this may change in the future, so we have made the calculator future proof and more flexible by letting the user enter the Value Added Tax Rate
What formula to find ex vat price
With MultiQuoteTime reverse VAT calculator, you do not need to use a formula, simply enter the Price and select remove VAT to find the ex vat price.
What are the Value Added Tax Rates in 2022?
As of 2022 the standard UK VAT rate is 20% and the reduced VAT rate is 5%.
What is VAT?
VAT also termed FST is a government tax on the sales of most UK goods and services.
Is VAT Calculated on net or gross?
The sales price normally excludes VAT (unless stated) and is referred to as the Net price. To find the Gross price, add the VAT percentage amount to to arrive to the Net amount. This can be done manually or by using Multi Quote Time free VAT Calculator.
UK VAT Rate History
Date | UK VAT Changes |
---|---|
4th January 2011 | The standard VAT rate is increased to current 20% and the reduced rate is set at 5% |
1st January 2010 | The standard rate increased to 17.5% and a a new reduced rate of 7% was introduced |
1st December 2008 | Stanadrd rate reduced by 15% |
1st April 1991 | The VAT rate has been increased to 17.5% |
18th June 1979 | VAT rate increased to 15% |
29th July 1974 | VAT rate reduced to 8% but 25% fuel tax introduced |
1st April 1973 | 10% Value Added Tax has been introduced in the UK |