VAT on £1,000
Quick answer
Adding 20% VAT to £1,000 gives £1,200 — that's £200 of VAT. If £1,000 already includes VAT, the VAT portion is £167.
- Net amount
- £1,000
- VAT @ 20%
- + £200
- Gross (inc. VAT)
- £1,200
How much is VAT on £1,000?
At the standard UK rate of 20%, the VAT on £1,000 is £200. Add that to the net price and the total including VAT is £1,200.
Removing VAT from £1,000
If £1,000 is a VAT-inclusive (gross) figure, work backwards by dividing by 1.20: the net amount is £833 and the VAT element is £167. This is the figure a VAT-registered business reclaims or reports.
| Scenario | Net | VAT | Gross |
|---|---|---|---|
| £1,000 + VAT | £1,000 | £200 | £1,200 |
| £1,000 inc. VAT | £833 | £167 | £1,000 |