Formulas
Add: net × 1.2. Remove: gross ÷ 1.2 (VAT = gross ÷ 6). The VAT registration threshold is £90,000 of taxable turnover.
FAQ
How do I remove VAT from £120?
£120 ÷ 1.2 = £100 net, £20 VAT.
Sources (checked 6 Nov 2026): HMRC VAT rates; VAT registration threshold.