VAT Calculators
Reverse VAT Calculator (UK)
%
sharebutton sharebutton sharebutton sharebutton sharebutton

How to use this Reverse VAT Calculator?

Enter an amount in the Amount field, then enter vat percentage, then hit calculate. You will get your answer. After clicking on calculate you can download a print of your result. The default values of this Reverse VAT Calculator (UK) are set to the UK vat rate.

Note: Press TAB to switch cell and press enter to calculate.

Difference Between Gross Amount and Net amount :

The term Gross Amount refers to the total amount, including taxes and all. Net Amount refers to the amount left over after all deductions are made.

How do I calculate VAT backward?

To calculate VAT backward, you need to know VAT percent and gross amount. First, divide the Gross amount by (1 + VAT Percent/100) this. You will get the Net amount.

Now, to calculate the VAT amount, subtract the Net amount from the Gross amount. You will get a VAT amount.

Example: Exclude 20% VAT from 699.
  1. To get the Net amount, Divide 699 by (1 + VAT Percent/100). [699/(1 + 20/100)]
  2. You will get the net amount. [Net amount = 582.50]
  3. Now to get VAT amount, subtract the net amount from Gross amount. [699 - 582.50]
  4. You will the VAT amount. [VAT amount = 116.50]

How to remove vat from price?

To remove VAT from price, first divide the Gross amount by (1+ VAT Percent/100), you will get the Net Amount here. This is the way to remove VAT from the price. In the case of finding the VAT amount, you should subtract the Net amount from the Gross amount.

How to calculate VAT exclusion?

To calculate VAT exclusion, first divide the Gross amount by (1+ VAT Percent/100), you will get the Net amount (i.e Amount without VAT). In the case of finding the VAT amount excluded from price, subtract Net amount from Gross amount.

Example: Exclude 20% VAT from 1999.

Formula to calculate Net amount = Amount/(1+ VAT Percent/100)
Substituting values in the formula,
Net amount = 1999/(1 + 20/100)
Net amount = 1999/(1 + 0.20)
Net amount = 1999/(1.20)
Net amount = 1665.83
VAT amount excluded from the gross amount
= Gross amount - Net Amount
= 1999 - 1665.83
= 333.17
Amount after exclusion of VAT = 1665.83 and
VAT amount excluded from gross amount = 333.17

How to calculate reverse VAT?

Just divide the gross amount by (1+ (vat percent/100)). You will get the net amount. Now, subtract the net amount from the Gross amount you will get the reverse VAT amount.

How to take vat off a price?

Simply divide the Amount by (1+ VAT Percent/100), you will take VAT off from your Amount.

What is a formula to remove vat? \ What is a formula to calculate vat backward?

Formula to remove vat/vat backward,
Net Amount = Gross Amount / (1+ VAT Percent/100). Here, you will get the amount without having VAT in it.