Remove VAT from £350
£350 gross contains £58.33 of VAT, leaving £291.67 net. Use the calculator below to extract VAT from any gross amount.
To remove UK VAT, divide the gross (VAT-inclusive) amount by 1 + (rate ÷ 100). At the standard 20% rate that is ÷ 1.20, so £350 ÷ 1.20 = £291.67 net, and the VAT is £350 − £291.67 = £58.33.
A common mistake is to subtract 20% from the gross — that under-removes the VAT, because the 20% was charged on the smaller net figure, not the gross.
How it works.
Formula: net = gross ÷ (1 + rate ÷ 100); VAT = gross − net.
- Divide by 1.20: £350 ÷ 1.20 = £291.67 net.
- VAT element: £350 − £291.67 = £58.33.
- Check: £291.67 × 1.20 = £350.
Worked examples
£350 gross − 20% VAT = £291.67 net — the VAT element of the £350 total is £58.33.
Reading a receipt — a £350 VAT-inclusive total breaks down as £291.67 net plus £58.33 VAT.
Why divide, not subtract 20% — the VAT is 20% of the net, not of the gross. Divide the gross by 1.20: £350 ÷ 1.20 = £291.67.
Sources:
HMRC VAT rates
· retrieved 2026-06-18.
Frequently asked questions
How much VAT is in £350?
£58.33. With 20% VAT included, divide the gross by 1.20 to get the net (£350 ÷ 1.20 = £291.67), then the VAT is the difference: £350 − £291.67 = £58.33.
What is £350 minus VAT?
£291.67 net. Removing 20% VAT means dividing by 1.20, not subtracting 20% — subtracting 20% would give the wrong answer because the VAT is a fraction of the net.
What is the VAT fraction for 20%?
One-sixth. At 20%, the VAT in any gross amount is gross × 1/6. For £350 that is £350 × 1/6 = £58.33, matching the divide-by-1.20 method.