VAT on £35
Add or remove VAT at 20%, 5%, 0% on £35, with the net, VAT and gross figures.
Adding 20% VAT to £35 gives £42.00, of which £7.00 is VAT. Removing 20% VAT from £35 gives £29.17 net, with £5.83 of VAT inside the price. At the 5% reduced rate the VAT is £1.75 when added and £1.67 when removed; at 0% nothing changes.
£35 at every VAT rate
| Calculation | Net | VAT | Gross |
|---|---|---|---|
| Add 20% | £35.00 | £7.00 | £42.00 |
| Remove 20% | £29.17 | £5.83 | £35.00 |
| Add 5% | £35.00 | £1.75 | £36.75 |
| Remove 5% | £33.33 | £1.67 | £35.00 |
| Add 0% | £35.00 | £0.00 | £35.00 |
| Remove 0% | £35.00 | £0.00 | £35.00 |
What £35 looks like with and without VAT
A £35 purchase is the kind of thing that ends up as a receipt in a drawer: fuel, stationery, a parking charge, a working lunch. If the receipt shows a VAT number and the price includes VAT, then £5.83 of that £35 is tax you can reclaim on your return, leaving a net cost of £29.17. Without a valid VAT receipt you can still claim the £35 as an expense against profit, but not the VAT itself.
Working the other way, if you quote £35 before VAT and you are VAT registered, the customer pays £42.00: your £35 plus £7.00 that you collect for HMRC. At the 5% reduced rate, which applies to things like domestic energy and children's car seats, the same £35 becomes £36.75. Zero-rated items such as most food, books and children's clothing stay at £35 on the invoice, though they still count as taxable sales.
The 20% figures catch people out because the VAT inside a gross price is not 20% of the price. It is 20% of the net, which works out at 16.67% of the gross. So £35 including VAT contains £5.83, not £7.00. Keep that in mind when you are checking a till receipt or splitting a shared bill between personal and business use.
Source: GOV.UK: VAT Flat Rate Scheme; GOV.UK: VAT thresholds. Last updated .
Frequently asked questions
- How much is £35 plus VAT?
- £35 plus 20% VAT is £42.00. The VAT element is £7.00. At the 5% reduced rate the total is £36.75, and at 0% it stays at £35.
- How much VAT is included in £35?
- If £35 already includes 20% VAT, the VAT inside it is £5.83 and the net amount is £29.17. You divide by 1.2 to find the net, then subtract to find the VAT.
- What is £35 minus VAT?
- £35 minus 20% VAT is £29.17. That assumes the £35 was a VAT inclusive price. If £35 was already the net price, there is no VAT to take off.
Cite this page: “VAT on £35”, SoleKit, https://solekit.co.uk/vat-calculator/35