Check the "VAT rate" (it’s pre-set to the UK standard rate of 20%)
Enter the amount – net or gross price. Check full VAT rates list below
Click "Remove VAT" or "Add VAT" depending on what you want
The standard rate of VAT in the UK is currently 20 per cent and this is the rate charged on most purchases.
Reduced rate is applied to some health, energy, heating, and protective products and services.
Zero rate is applied to a range of products and services to do with health, publishing and kids’ clothing.
10%, 5.5%, 2.1%
10%, 5%, 4%
13.5%, 9%, 4.8%
If you want to add VAT to the price, you just need to divide the price by 100 and then multiply by (100 + VAT rate). That's all, you got the price including VAT - Gross price.
If you want to subtract VAT from the price, you need to divide the price by (100 + VAT rate) and then multiply by 100. Now you know the price excluding VAT - Net price.