The Neetrix accounting software VAT calc is a tool that provides the calculation to remove VAT or add VAT to a given price.
The VAT rate for the UK currently stands at 20%.
To find out more about VAT please visit the HMRC guide on VAT or read Wikipedia’s article on Value Added Tax.
| Price | VAT Inclusive Price | |
| = | ||
| VAT Rate (%) | VAT Amount | |
| Add VAT Remove VAT | ||