The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
Overview of zero-rating
A supply which is zero-rated is a taxable supply but taxable at a rate of 0%. The following key consequences therefore follow:
For VAT recovery generally, see the What is input tax guidance note.
Basis of zero-rating
Broadly, supplies may be zero-rated for a number of reasons:
Summary of zero-rated supplies
There are 19 different groups of zero-rated supplies specified in VATA 1994, Sch 8.
For commentary on the less commonly seen zero-ratings, see De Voil Indirect Tax Service V4.210 which also contains more detailed commentary on the legislation and case law across all the zero-rating groups.
Group What s covered Where can I find commentary 1 Food There is a broad zero rating for food which can
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