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Add VAT: Net × (1 + rate) = Gross Remove VAT: Gross ÷ (1 + rate) = Net
VAT is charged on taxable turnover by VAT-registered businesses, collected on behalf of HMRC. If you reclaim input VAT, your effective cost is the net figure.
Estimate only. VAT treatment depends on the specific nature of the supply. Consult HMRC guidance or an accountant for compliance.