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    2. VAT

      VAT Tax Amount

      Calculate the VAT that has been paid or will be paid on amounts where VAT is included in the amount entered at the standard rate of 20%.

      From 15 July 2020 to 12 January 2021, a reduced rate of 5% applies in certain cases and is not covered by this calculator.

      Calculate the VAT
      The current rates and thresholds
      Registration threshold £85,000
      Deregistration threshold £83,000
      Annual accounting threshold up to £1,350,000
      Cash accounting scheme up to £1,350,000
      Flat rate scheme up to £150,000
      Standard VAT rate 20%
      Reduced rate 5%

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