zero rated and exempt items

What’s the Difference between Zero Rated and Exempt Items?

Accounting Services, VAT /

VAT rates vary based on the type of goods and services you are dealing with. On most goods, the standard VAT rate is charged. However, there are others too, like Zero Rated Vat items of the UK, reduced rate VAT items, and exempt items. In this blog, we’re going to differentiate Zero Rated VAT and […]

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