Does anyone know where to find a "cheat sheet" showing different VAT rates.
If not, maybe we could put together our own?
Off the top of my head:
- Zero rated - Sewerage/water disposal, books, pamphlets, brochures, newspapers, maps, public transportation
- Lower rate (5%) - Energy
- Outside of Scope - Bank transfers, salaries, PAYE, Insurance claims, dividends, loans, MOTs, vehicle license duty, pension payments, charity donations, voluntary service charges,
- Exempt - postage, insurance, bank fees, finance charges,
Terri
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