VAT Calculator
By WeCovr
With or without VAT?
Our Value Added Tax (VAT) calculator helps you calculate how much VAT is applicable in your particular situation.
The calculator provides you with both net and gross VAT amounts. To calculate the VAT you should charge on invoices rendered to your clients or to calculate the VAT reclaimable from the tax man on the products and services your company has bought, use this handy calculator.
VAT is a tax on sales and is included into the price of many goods and services sold in the UK. For most products and services, the current VAT rate is 20%.
Simply enter the amount you have and select whether you the VAT should be added to, or subtracted from, this amount:
VAT Calculator
£
Does this amount include VAT?
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VAT calculator guide for UK contractors and freelancers
WeCovr's VAT calculator helps UK businesses estimate VAT amounts, using indicative information prepared by WeCovr, an FCA-authorised insurance broking firm with over 900,000 policies issued across multiple classes of insurance. WeCovr also supports private medical insurance UK planning, while this guide explains VAT basics for cash flow awareness.
What this VAT calculator covers
The calculator helps you add VAT to a net price or extract VAT from a gross price using common VAT rates.
It does not account for flat rate or margin schemes.
Calculates VAT at standard, reduced, or zero rate.
Shows net and gross amounts for invoices.
Provides a quick check for pricing decisions.
VAT registration and thresholds
If your taxable turnover exceeds the registration threshold, you may need to register. Some businesses register voluntarily to reclaim VAT on costs.
Why WeCovr supports contractor planning
WeCovr is an FCA-authorised insurance broking firm and has high customer satisfaction ratings. We also offer complimentary access to the CalorieHero AI calorie tracking app and discounts when customers take PMI or Life insurance. If you are evaluating private medical insurance UK options, we can help you access private health cover through a trusted PMI broker.
Data sources and guidance references
This guide references HMRC guidance on VAT rates and registration thresholds.
Common VAT rates
| Rate | Typical use | Example items | Notes |
|---|---|---|---|
| 20% | Standard | Most goods/services | Default VAT rate |
| 5% | Reduced | Some energy-saving items | Check eligibility |
| 0% | Zero | Most food, books | No VAT charged |
Related WeCovr resources
FAQs
Does this include flat rate VAT?
No. This calculator uses standard VAT rates only.
When should I register for VAT?
You may need to register when taxable turnover exceeds HMRC thresholds or if you choose to register voluntarily.
Is VAT charged on all sales?
No. Some goods and services are zero-rated or exempt.
Can I reclaim VAT on expenses?
Yes, registered businesses can often reclaim VAT on eligible costs.
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