VAT Calculator
To check a VAT calculation on a standard item, be sure that you know if the starting figure is net (the lower figure which does not include VAT) or gross (the higher figure including VAT).
VAT History
The standard rate of Value Added Tax (VAT) fell to 15% on 1st December 2008, and returned to 17.5% on 1st January 2010. It went up again on 4th January 2011 to 20%