Which tool do I need?
Adding or removing VAT
Use the VAT calculator to add 20% to a price, or the reverse VAT calculator to take it off a total. To remove VAT, divide by 1.2: £120 including VAT is £100 plus £20 VAT. Multiplying by 0.8 gives £96, which is wrong.
Pricing a product
The margin calculator tells you what share of the selling price is profit. The markup calculator works from cost. A 50% markup on a £10 cost gives a £15 price, which is a 33% margin. If you are VAT registered, the profit margin calculator removes VAT first so your margin is not flattered.
Percentages at work and at home
Pay rises, price changes and discounts are all percentage sums. The percentage change calculator always divides by the starting value, and the discount calculator shows what a double discount really comes to.
Sending an invoice
The invoice generator builds a UK invoice with VAT by rate, bank details and a due date, then saves it as a PDF. Your business details stay in your browser for next time.
Questions people ask
Are these calculators up to date with UK VAT rates?
Yes. They use the standard 20%, reduced 5% and zero 0% rates, and you can enter a custom rate for anything else.
Do you store the numbers I type?
No. Every sum is worked out in your browser and nothing is sent to us.
Can I copy the answer?
Yes. Every result has a copy button, and figures are formatted in pounds and pence ready to paste.