The VAT on £15 at the standard 20% rate is £3.00, making a gross total of £18.00.
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If £15 is the net price (excluding VAT), adding 20% VAT gives:
| Item | Amount |
|---|---|
| Net | £15.00 |
| VAT (20%) | £3.00 |
| Gross | £18.00 |
If £15 is the gross price (including 20% VAT), removing the VAT gives a net of £12.50 and VAT of £2.50 (the VAT is one sixth of the gross).
At the reduced 5% rate, adding VAT to £15 net gives £0.75 VAT and a gross of £15.75.
Adding 20% VAT to £15 gives £3.00 of VAT and a gross total of £18.00.
£15 plus 20% VAT is £18.00.