To work out how to take VAT
to a price you can do this with our VAT Calculator or if you want to do this yourself then you can use the following sums to work this out.
We shall work it based on the current new VAT rate of 17.5%. To add VAT on at a different VAT rate simply replace the 17.5 in the first line with the new relevant VAT rate.
To begin with you need to work out the divider: 17.5 ÷ 100 = 0.175 0.175 + 1 =
1.175
Divider = 1.175
Gross Price (Price after tax)divided by 1.175 = Net Price (price before tax)
Example:
£11.75÷ 1.175 = £10
In the above example £11.75 was the price with VAT, and the £10 is the price with the 17.5% VAT removed