VAT Rates

Our VAT Accounts system is currently setup to support the below VAT Rates

Rate DescriptionVAT PercentageRate Application
Standard VAT20%Most goods and services
Reduced Rate5%Some services, such as energy
Zero Rated0%Zero-rated items, mainly food and books/publications
Exempt(E)Exempt goods and services
Out of Scope(OS)Out of Scope items
Updated on June 29, 2023

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