HomeKnowledge resourceCalculatorsVAT VAT VAT Tax AmountCalculate 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%. From 15 July 2020 to 12 January 2021, a reduced rate of 5% applies in certain cases and is not covered by this calculator.Calculate the VAT Starting figure (£): * Does this figure already include VAT?: Yes No The current rates and thresholds Registration threshold £85,000 Deregistration threshold £83,000 Annual accounting threshold up to £1,350,000 Cash accounting scheme up to £1,350,000 Flat rate scheme up to £150,000 Standard VAT rate 20% Reduced rate 5%
