A Quick Guide to VAT, History and How to Calculate It
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A Quick Guide to VAT, History and How to Calculate It
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About this listen
In this episode of The Everyday Tax Talk, host Lana Rose breaks down VAT (Value Added Tax) in the UK—what it is, a brief history of how it started in 1973, and how you can easily calculate it whether you're a business owner or just curious. Learn the difference between standard, reduced, and zero rates, and understand when and why VAT is charged.
We’ll also introduce a helpful free tool a simple online VAT calculator that makes adding or removing VAT quick and easy.
✅ Perfect for small business owners, freelancers, and anyone interested in UK tax basics.
🎧 Tune in for tax talk made simple!
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