VAT News Archive::
Legislation will be introduced in Finance Bill 2007 to update VAT law on . The new rules will restrict the VAT exemption of medical services by
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Where can I find a simple(ish) summary of UK VAT rules as to what item
categories are VAT exempt, zero rated ot at a reduced rate.
I was specifically to find out if a nursery place for my daughter is
VATable, but am interested in a general list for future reference. Tolley's Tax Tutor PRELOADER (Click for Parameters) Loading Buffer ::
File Format: Shockwave FlashWhich of the following supplies of food is a zero-rated supply for VAT? For which time period does the VAT legislation say that interest should be
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HM Revenue & Customs::
are zero-rated and Schedule 9 shows which are exempt from VAT in the UK. Health Service at the zero-rate and updated the reference to legislation
http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&id=HMCE_CL_000136&propertyType=documentHOME |
Hi! Thanks for the question.
Please note that in the disclaimer mentioned below, the following
answer is general information and does not substitute for professional
legal advice.
All the explanations are based on the HM Customs & Excise, the
regulating body for UK VAT laws. The following lists are also subject
to exceptions as noted in the HM Customs & Excise website.
What are VAT exempt supplies?
“The main business activities that are exempt from VAT are the sale
and letting of land, financial and insurance services, postal
services, education, sport, and burial and cremation services.”
“What are exempt supplies?”
http://www.bcentral.co.uk/finance/tax/vatfaq/Exempt.asp
“Is VAT payable on exempt supplies?” (An official explanation
including instances of exceptions)
http://www.hmce.gov.uk/forms/notices/700-a5.htm#P258_18547
What are considered zero rated items for VAT?
“The general categories of zero-rated goods and services are food,
sewerage and water services, books, construction of buildings,
international services, transport, caravans and houseboats, gold, bank
notes, drugs, medicines, imports and exports, tax-free shops,
charities, clothing and footwear.”
“What goods and services are zero-rated for VAT?”
http://www.bcentral.co.uk/finance/tax/vatfaq/Zero-rated.asp
“Is VAT payable on zero-rated supplies?” (An official explanation
including instances of exceptions)
http://www.hmce.gov.uk/forms/notices/700-a5.htm#P296_22961
What supplies are reduced rated?
- Domestic fuel or power;
- Installation of energy saving materials;
- Grant funded installation of heating equipment or security goods or
connection of gas supply;
- renovation and alteration of dwellings;
- residential conversions;
- women's sanitary products; and
- children's car seats.
“What supplies are reduced-rated?”
http://www.hmce.gov.uk/forms/notices/700-a5.htm#P296_22961
If you want to call the HM Customs & Excise here is their contact
page.
HM Customs & Excise – Contact Page
http://www.hmce.gov.uk/contact/index.htm
Search terms used:
UK VAT law summary
UK VAT exempt supplies
I hope these links would help you in your research. Before rating this
answer, please ask for a clarification if you have a question or if
you would need further information.
Thanks for visiting us.
Regards,
Easterangel-ga
Google Answers Researcher Tolley's VAT Planning 2008-2009 , ISBN: 9780754534846 at the ::
Part 5: Zero rated and exempt supplies; Exempt outputs; Zero-rated outputs; Mixed supplies at different rates of VAT; Partial exemption - introduction;
http://books.global-investor.com/books/281402//Tolleys-VAT-Planning-2008-2009/HOME |
PRESENTATION TO STEPS - 22 APRIL 2008::
File Format: Microsoft Word - View as HTMLThe differences can be crucial – can you strip out a zero-rated or exempt element from what was thought to be a single standard-rated activity?
http://www.step.org/attach.pl/505/4285/Charities & VAT - case notes (Simon Newark)HOME |
Address and phone number would be helpful. I am UK resident
From HM Customs & Excise ...
They've got loads of leaflets designed to help and also a help line.
Do you want the address or the phone number?
Are you a UK resident? CHAPTER 1 GENERAL PRINCIPLES::
File Format: PDF/Adobe Acrobat - View as HTMLA transaction is within the scope of UK VAT if all the following conditions are Where a supply could be either zero-rated or exempt, zero-rating takes
http://www1.lexisnexis.co.uk/TAXTUTOR/swf/free_2008/business/Notes 2c01.pdfHOME |
THE ROYAL BANK OF SCOTLAND GROUP PLC v. DECISION OF THE VAT AND ::
If a supply of goods or services is zero-rated, no VAT is charged upon it; fee is paid is an exempt supply under Group 5, item 1 of Schedule 9 (supra).
http://www.scotcourts.gov.uk/opinions/XA98_01.htmlHOME |
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UK VAT Legislation - zero rated and exempt items