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VAT
tax amount
Up to 3 January 2011 - 17.5%
|
From 4 January 2011 - 20%
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%.
Starting figure (£)
Does this figure already include
VAT
?
Yes
No
Net amount
VAT
at 20%
Gross amount
The current rates and thresholds are:
Registration threshold
£73,000
Deregistration threshold
£71,000
Annual accounting threshold up to
£1,350,000
Cash accounting scheme up to
£1,350,000
Standard
VAT
rate current rate
20%
Reduced rate
5%
Further information
on
VAT
.
Calculators
Capital gains tax
Loan
Payslip
VAT
Stamp taxes
Savings
Business start-up
Millionaire
Inheritance tax
Breakeven
Fuel cost
Gross profit
Vehicle benefit