To find the total figure when you add VAT to £200, you first need to know what the current standard UK VAT rate is, which is 20%.
Therefore, £200 plus VAT (20%) is £240.
What calculation was used?
To achieve the figure above, we do the following calculation.
- Start with the figure of £200
- £200 divided by 100 is £2
- We then take the £2, multiply that by 100 and add the 20% VAT, for a figure of £240.
If you need to run a different calculation please visit our homepage by clicking here, to use our VAT calculator tool that lets you manually enter numbers and VAT rates.