Tag Archives: zero-rated

No VAT Mystery About Food – It’s Deceptively Simple

Food of a kind used for human consumption is zero-rated for VAT. That is there is no tax on basic food. There is VAT on treats like confectionery, ice cream, crisps and most drinks (apart from tea, coffee, etc). The … Continue reading

Posted in Tax and Accounting News | Tagged , , , , , , | Leave a comment