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The VAT calculator easily allows you to find out the amount of VAT that has been paid within a total which already includes VAT or alternatively, it will calculate how much VAT is to be paid on a total which does not already include the VAT. Just follow the three steps below:
Registration threshold |
£81,000 |
De-registration threshold |
£79,000 |
Flat rate scheme - up to |
£150,000 |
Annual accounting scheme - up
to |
£1,350,000 |
Cash accounting scheme - up to |
£1,350,000 |
Standard
VAT
rate |
20% |
Standard
VAT
rate fraction |
1/6 |
Reduced
VAT
rate |
5% |
Reduced
VAT
rate fraction |
1/21 |
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Chichester Accounting is a member firm of the
Institute of Chartered Accountants in England & Wales |
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