Food for wild birds is zero rated, while food for caged birds is at 20%.
Category Archives: VAT Did you know
A VAT did you know?
Bye bye old VAT returns.
HMRC has revealed that it will retire the existing VAT online filing system for VAT 100 forms from April 2021.
From that date, only the MTD method is possible and the original (the XML submission where a business logs into the HMRC portal) will be discontinued.
A VAT Did you know?
Latest from the courts.
The rolls used in Subway’s hot sandwiches are not bread. According to a recent ruling by Ireland’s Supreme Court, because of the high level of sugar in the rolls, they cannot be taxed as bread, so the VAT zero rate cannot apply.
A VAT Did you know?
The sales of kangaroos are standard-rated but kangaroo steaks are zero-rated.
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.