How do I remove VAT from a price (reverse VAT)?

Divide the gross amount by (1 + VAT rate). For example 1200 / 1.20 = 1000 net, so the VAT is 200.

How do I add VAT to a net price?

Multiply the net amount by (1 + VAT rate). For example 1000 x 1.20 = 1200 including 20% VAT.

Add VAT to a net price or remove VAT from a gross price (reverse VAT) in one step. UK rates are preset - free and without registration.

Amount

VAT rate

The amount is

Net amount

VAT

Gross amount

UK VAT rates: standard 20%, reduced 5%, zero 0%. Results are for guidance only - please check your own situation with an accountant.

How do I remove VAT from a price (reverse VAT)?: Divide the gross amount by (1 + VAT rate). For example 1200 / 1.20 = 1000 net, so the VAT is 200.
How do I add VAT to a net price?: Multiply the net amount by (1 + VAT rate). For example 1000 x 1.20 = 1200 including 20% VAT.

InvoiceOcean calculates VAT and totals on every invoice automatically.