VAT on £1,400
Add or remove VAT at 20%, 5%, 0% on £1,400, with the net, VAT and gross figures.
Adding 20% VAT to £1,400 gives £1,680.00, of which £280.00 is VAT. Removing 20% VAT from £1,400 gives £1,166.67 net, with £233.33 of VAT inside the price. At the 5% reduced rate the VAT is £70.00 when added and £66.67 when removed; at 0% nothing changes.
£1,400 at every VAT rate
| Calculation | Net | VAT | Gross |
|---|---|---|---|
| Add 20% | £1,400.00 | £280.00 | £1,680.00 |
| Remove 20% | £1,166.67 | £233.33 | £1,400.00 |
| Add 5% | £1,400.00 | £70.00 | £1,470.00 |
| Remove 5% | £1,333.33 | £66.67 | £1,400.00 |
| Add 0% | £1,400.00 | £0.00 | £1,400.00 |
| Remove 0% | £1,400.00 | £0.00 | £1,400.00 |
What £1,400 looks like with and without VAT
An invoice for £1,400 is a realistic size for a short project, a piece of equipment or a quarter of bookkeeping fees. At the standard rate the VAT is £280.00, taking the total to £1,680.00; that VAT is yours to collect and pay over to HMRC, less whatever input VAT you have incurred on your own purchases.
When £1,400 is the gross figure, say a fixed price agreed with a customer who does not care how it is split, the net is £1,166.67 and the VAT is £233.33. That is the number your accounts software should show in the VAT column. If the work was reduced rated, for example certain energy saving installations, the VAT inside £1,400 would be £66.67 and the net £1,333.33.
If you are on the Flat Rate Scheme the maths changes: you still charge your customer £1,680.00, but you pay HMRC a fixed percentage of that gross figure rather than £280.00 less input VAT. For a £1,400 job that can mean keeping a little of the VAT, or paying more if your sector rate is high or you count as a limited cost business. The flat rate tab on the main calculator runs both numbers side by side.
Source: GOV.UK: VAT Flat Rate Scheme; GOV.UK: VAT thresholds. Last updated .
Frequently asked questions
- How much is £1,400 plus VAT?
- £1,400 plus 20% VAT is £1,680.00. The VAT element is £280.00. At the 5% reduced rate the total is £1,470.00, and at 0% it stays at £1,400.
- How much VAT is included in £1,400?
- If £1,400 already includes 20% VAT, the VAT inside it is £233.33 and the net amount is £1,166.67. You divide by 1.2 to find the net, then subtract to find the VAT.
- What is £1,400 minus VAT?
- £1,400 minus 20% VAT is £1,166.67. That assumes the £1,400 was a VAT inclusive price. If £1,400 was already the net price, there is no VAT to take off.
Cite this page: “VAT on £1,400”, SoleKit, https://solekit.co.uk/vat-calculator/1400