Children’s clothing made from the skin of goats is zero rated, but only if not made from Yemen, Mongolian or Tibetan goats.
Category Archives: VAT Did you know
A VAT Did you know?
Chocolate body paint is zero rated, but a bar of chocolate is standard rated.
A VAT Did you know?
Colouring books are zero rated unless they contain swear words, nudity or theft – in which case they are standard rated.
A VAT Did you know?
In the Spearmint Rhino case it was ruled that there is no VAT on lap dances, however in Wilton Park Ltdthe decision was that VAT was due.
A VAT Did you know? – Latest from the courts
A new Tribunal case ruled that marshmallows of an unusual size are zero rated, while normal sized marshmallows continue to be standard rated.
A VAT Did you know?
Ferret food has recently been ruled to be subject to 20% tax when previously it was VAT free (from 1973).
A VAT: Did you know?
You pay VAT on the first 28 days of a stay at a hotel, but from the 29th the accommodation is VAT free.
A VAT Did you know?
Peanuts in shells are zero rated, salted peanuts are standard rated.
A VAT Did you know?
Food that is too hot to eat can be classed as cold food for VAT purposes.
A VAT Did you know?
If your shop is burgled, it’s best to let the robbers take your stock. Goods lost to theft are not subject to VAT, but if cash (which customers have paid for goods) is taken from the till a VATable supply has still been made and output tax is due on it.