VAT Calculator

VAT Calculator

Welcome to VAT Calculator

Welcome to our site. We have created this site due to the recent changes to VAT rates. We could not find a similar site that allowed users to change the amount of VAT so created this so that business users and individuals have access to a calculator where the VAT rate could be changed and VAT could be added to a net amount or subtracted from a gross amount in an easy manner.

The VAT rate for the UK currently stands at 20 per cent, this was changed from 17.5 per cent on the 4th of January 2011. The standard rate of VAT was temporarily reduced to 15 per cent on 1 December 2008. This was put back to 17.5% on the 20th January 2010.




When it comes to managing your costs, one of the largest mistakes that you can make is forgetting about Value Added Tax (VAT). VAT costs are a massive problem for those who do not take into account these costs. Thankfully, if you find yourself frantically trying to get together your VAT costs, we can help you out. By using our VAT calculator, you can make sure that you can always work out what you are going to owe the VAT side of your taxes.

Without a doubt, VAT is one of the largest costs that a business can accrue. When you forget about these fees, you could be looking at close to 20% extra on top. Therefore, making sure you properly manage and secure your VAT is going to become a major talking point for anyone who is in the process of managing their finances.

If you have created a VAT problem and need to quickly work out what you owe, this should give you every opportunity that you need to go ahead and work out the entire process. VAT calculations can be a nightmare, so take the pressure off yourself by adding/removing VAT with our easy-to-use VAT calculator.


What is VAT?

Otherwise known as Value Added Tax, VAT is a vital part of the economy. It plays a role in just about any business that reaches an agreed threshold; once you bring in more than X in income, you need to think about paying VAT on your sales. VAT in the United Kingdom is, at the time of writing, currently at 20%. However, VAT can change with the economy and in the past it has been around 17.5%.

You should always look to try and find out what the current VAT rate is so that you can make sure your payments are going to be correct. VAT is charged by businesses at the point of sale for goods and services which are sold in the UK and/or the Isle of Mann. In essence, VAT is a tax on business. It was first brought in during the year of 1973, and since then has become a staple of the British business industry. However, VAT is not only a British regulation.

Today, VAT is used to replace taxes such as Purchase Tax and Selective Employment Tax, which were previously in place of where VAT now stands in the pecking order. VAT was brought in as part of the United Kingdom joining what was then the European Economic Community.

VAT is a vital part of running or managing a business, and for that reason, you want to spend as much time as you can get to understand the rates and fees involved. If you find it hard to deal with VAT, then you should definitely look to do yourself a favour and invest some much-needed time and effort into using our VAT calculator.

Once you know what you are going to have to pay, it is much easier to come up with the payments that you are going to be asked to produce.


Why do I need a VAT calculator?

The main reason to use a VAT calculator is that it can play such a major role in helping you to retain accuracy when it comes to VAT payments. Such an investment can be much easier to make if you simply work out what you would be paying on top if you do the calculation beforehand. However, you could also use our VAT calculator to make sure you are covering the right sums of money when it comes to interacting with the government.

As such, you should look to get involved in picking up a VAT calculator from our system above. Simply fill in the details that you are being asked for and you can soon have all of the figures you need to easily and effectively build your calculations in the future.

The biggest challenge you might face when it comes to calculating your own VAT payments comes down to the overall figure. With our VAT calculator, you can easily work this out and therefore know exactly what you are going to be paying on every investment you have made.

There is no doubt that among business professionals there are few less irritating payments to manage than the payment of VAT. If you find it hard to stay on top of these high costs, though, you should definitely look to save yourself some much-needed time and effort by investing in a VAT calculation.

Don’t let the fees become a nightmare – stay on top of them and manage your VAT obligations by knowing exactly what the cost of doing business is going to be for you in the years to come. Run your figures through our VAT calculator, and know where you stand without an issue.