VAT calculations are simple once you know whether the starting price excludes VAT or already includes VAT. The formula changes depending on whether you are adding VAT or removing VAT.
When the price excludes VAT, multiply the net price by the VAT rate to find the VAT amount, then add it to the original price.
VAT amount = Net price × VAT rate
Gross price = Net price + VAT amountExample: £100 ex VAT at 20% = £20 VAT, giving a total of £120.
When the price already includes VAT, divide the gross price by 1 plus the VAT rate.
Net price = Gross price ÷ 1.20
VAT amount = Gross price − Net priceExample: £120 including VAT at 20% = £100 ex VAT and £20 VAT.
For instant results, use the online VAT calculator, or go straight to the reverse VAT calculator.