£300 plus VAT
£300 plus VAT at 20% is £360.00. The VAT added is £60.00.
£300 + 20% VAT£360.00VAT: £60.00
£300 with and without VAT
| Net (ex VAT) | VAT | Gross (inc VAT) | |
|---|---|---|---|
| £300 plus 20% VAT | £300.00 | £60.00 | £360.00 |
| £300 including 20% VAT | £250.00 | £50.00 | £300.00 |
| £300 plus 5% VAT | £300.00 | £15.00 | £315.00 |
| £300 including 5% VAT | £285.71 | £14.29 | £300.00 |
The VAT maths
- Adding VAT: £300 × 1.2 = £360.00.
- Removing VAT: £300 ÷ 1.2 = £250.00. The VAT inside a VAT-inclusive price is one sixth of it, £50.00, not 20%.
- Taking 20% off £300 would give £240.00, which is £10.00 too low.
- VAT-registered businesses can usually reclaim the VAT they pay on business costs, so the net figure is their real cost.
Check your own figures
The calculator is set to £300. Switch to "Remove VAT" or change the rate.
Price including VAT£0
- Excluding VAT (net)
- £0
- VAT
- £0
- Including VAT (gross)
- £0
Amounts near £300
| Amount | Plus VAT | VAT |
|---|---|---|
| £150 plus VAT | £180.00 | £30.00 |
| £200 plus VAT | £240.00 | £40.00 |
| £250 plus VAT | £300.00 | £50.00 |
| £300 | £360.00 | £60.00 |
| £350 plus VAT | £420.00 | £70.00 |
| £400 plus VAT | £480.00 | £80.00 |
| £450 plus VAT | £540.00 | £90.00 |
Frequently asked questions
What is £300 plus VAT?
£300 plus VAT at 20% is £360.00. The VAT is £60.00. Multiply by 1.2 to add 20% VAT.
How much VAT is in £300?
If £300 already includes 20% VAT, the VAT is £50.00 and the price before VAT is £250.00. Divide by 1.2, do not take 20% off.
What is £300 plus VAT at 5%?
£315.00. The reduced rate of 5% applies to things like home energy and children's car seats.