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Does VAT count towards VAT registration turnover?

Last updated: 24 September 2026

1. Work out the amount before VAT2. What counts as taxable turnoverOfficial sources

Short version. VAT itself is excluded from taxable turnover for VAT registration. Use the value of your taxable sales before VAT.

1. Work out the amount before VAT

If a sale includes VAT at the standard 20% rate, divide its VAT-inclusive price by 1.2. For example, a £120 sale that includes £20 VAT has a £100 value before VAT. Do not divide a price by 1.2 if no VAT was charged on that sale.

2. What counts as taxable turnover

HMRC includes the value of standard-rated, reduced-rated and zero-rated taxable supplies in taxable turnover. Excluding VAT from a price does not mean the sale itself is excluded. Check the type of each supply before adding it to a VAT registration calculation.

An annual subscription value is a measure of active contracts. It is different from sales made during a period, so it should not replace a turnover calculation.

Official sources

  • HMRC VAT Registration Manual: meaning of taxable turnover
  • GOV.UK: VAT rates

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