Written by: H. Candido on 2025-03-16
Value Added Tax (VAT), or Goods and Services Tax (GST) in some countries, is a consumption tax applied to most goods and services. This calculator helps you quickly add or remove VAT from a price.
Selected VAT: 20%
VAT Amount: –
Total with VAT: –
Value Added Tax (VAT), or Goods and Services Tax (GST) in some countries, is a consumption tax applied to most goods and services. This calculator helps you quickly add or remove VAT from a price.
Value Added Tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. In some countries, like Australia, Canada, and India, it's known as Goods and Services Tax (GST). It's generally a broad-based tax, meaning it applies to most goods and services.
The standard VAT rate in the UK is 20%. There are also reduced rates for certain goods and services.
| Rate | Description | Examples |
|---|---|---|
| 20% | Standard | Most goods and services |
| 5% | Reduced | Children's car seats, home energy |
| 0% | Zero-rated/Exempt | Most food, books, children's clothes, exports |
Note: VAT/GST rates can change. Always refer to official government sources for the most up-to-date information.
VAT (Value Added Tax) and GST (Goods and Services Tax) are essentially the same type of tax. The name used depends on the country. The underlying principle is the same: a tax on the consumption of goods and services.
This depends on your turnover. In the UK, you must register for VAT if your VAT taxable turnover is more than £85,000 (the VAT threshold). You can also register voluntarily. Check the official government website for your country's specific rules.
If you're a VAT-registered business, you can reclaim the VAT you've paid on business expenses. This is done through your regular VAT return.
If you're a business, understanding your VAT/GST obligations is crucial. This includes:
Disclaimer: This VAT/GST calculator and the information provided on this page are for general guidance only. It is not a substitute for professional tax advice. Always consult with a qualified tax advisor or accountant for specific advice related to your situation. We make every effort to keep the information up-to-date, but tax laws and rates can change.
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