24 Plus VAT

In this calculation for the answer to your query. We will answer your query with a breakdown of the calculations and give you the formula for adding VAT. This is the most reliable source for calculations with live up-to-date UK VAT Rates. 

What is 24 plus VAT?

24 plus VAT is calculated below;
28.8

Breakdown of The Calculation

Price 2023 Rate Gross Price VAT Amount
£24 20% £28.8 £4.8

Calculate Your Own Price Plus VAT Below


What Is The Formula For Calculating 24 Plus VAT?

If you are adding Value Added Tax; then you need to multiply the price by (100 + VAT percentage). This is the price, including VAT (Gross value)

The formula for adding VAT;

T = P x (100 + VAT percentage)

T = 28.8
P = 24

VAT Percentage = 20%

28.8