VAT · 2023/24
UK VAT in 2023/24 by Net Amount
Pick a net amount to see the exact VAT due, gross total, and reverse calculation for the 2023/24 tax year. The standard UK VAT rate in 2023/24 was 20%, with a 5% reduced rate for domestic energy and a few other categories, and 0%for most food, books and children's clothing.
What was different about 2023/24
Throughout 2023/24 the standard UK VAT rate remained at 20% — the rate set in January 2011 and untouched since. The reduced 5% rate (domestic energy, children’s car seats, mobility aids for the elderly) and 0% rate (most food, books, newspapers, children’s clothing) were also unchanged. The temporary 12.5% hospitality rate ended back on 1 April 2022; in 2023/24 hospitality returned to full 20%.
2023/24 UK VAT rates
Standard rate
20%
Reduced rate
5%
Zero rate
0%
Registration threshold
£85,000
Pick a net amount
VAT on £100
2023/24 tax year · 20% standard
£120.00
gross (£20.00 VAT)
VAT on £500
2023/24 tax year · 20% standard
£600.00
gross (£100.00 VAT)
VAT on £1,000
2023/24 tax year · 20% standard
£1,200.00
gross (£200.00 VAT)
VAT on £5,000
2023/24 tax year · 20% standard
£6,000.00
gross (£1,000.00 VAT)
VAT on £10,000
2023/24 tax year · 20% standard
£12,000.00
gross (£2,000.00 VAT)
Other years
Related
Disclaimer: Figures use the UK standard VAT rate of 20% which applied throughout 2023/24. Reduced (5%) and zero (0%) rates apply to specific categories of goods and services — always check the HMRC VAT rate guidance for your particular supply.