VAT VAT Tax AmountCalculate 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 20%.Calculate the VAT Starting figure (£): * Does this figure already include VAT?: Yes No The current rates and thresholds Registration threshold £85,000 Deregistration threshold £83,000 Annual accounting threshold up to £1,350,000 Cash accounting scheme up to £1,350,000 Flat-rate scheme up to £150,000 Standard VAT rate 20% Reduced rate 5%