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	VAT tax amount
	Up to 3 January 2011 - 17.5% | From 4 January 2011 - 20% Calculate the VAT that has been paid or will be paid on amounts where VAT is included in the amount entered at the standard rate of 17.5%.
	Starting figure (£)  Does this figure already include VAT?  Yes No    Net amount   VAT at 17.5%   Gross amount   The current rates and thresholds are: Registration threshold £73,000 Deregistration threshold £71,000 Annual accounting threshold up to £1,350,000 Cash accounting scheme up to £1,350,000 Standard VAT rate to 3 January 2011 17.5% Reduced rate 5% Standard VAT rate from 4 January 2011 20%
	Further information on VAT.