VAT on £20
Quick answer
Adding 20% VAT to £20 gives £24 — that's £4 of VAT. If £20 already includes VAT, the VAT portion is £3.
- Net amount
- £20
- VAT @ 20%
- + £4
- Gross (inc. VAT)
- £24
How much is VAT on £20?
At the standard UK rate of 20%, the VAT on £20 is £4. Add that to the net price and the total including VAT is £24.
Removing VAT from £20
If £20 is a VAT-inclusive (gross) figure, work backwards by dividing by 1.20: the net amount is £17 and the VAT element is £3. This is the figure a VAT-registered business reclaims or reports.
| Scenario | Net | VAT | Gross |
|---|---|---|---|
| £20 + VAT | £20 | £4 | £24 |
| £20 inc. VAT | £17 | £3 | £20 |