|
|
 |
| VAT Calculator |
 |
 |
| |
This calculator allows you to find out the amount of VAT that has been paid within an amount that already includes VAT.
Alternatively, it will also calculate how much VAT is to be paid on an amount that does not already include the VAT
|
| |
|
| Just specify in step 2 whether the amount you have typed in already includes VAT or not. |
|
| The current
rates for 2006/07 are |
| Registration threshold |
£61,000 |
| De-registration threshold |
£59,000 |
| Annual accounting threshold up
to |
£1,350,000 |
| Cash accounting scheme up to |
£660,000 |
| Standard
VAT
rate |
17.5% |
| Reduced rate |
5% |
|
 |
|
