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VAT exempt supplies

  • 20-02-2017 8:48pm
    #1
    Ali2016
    Registered Users, Registered Users 2 Posts: 6 ✭


    Hi All,

    I am looking to find out examples of VAT exempt supplies?


Comments

  • #2
    jjjd
    Registered Users, Registered Users 2 Posts: 684 ✭✭✭jjjd


    Supply of fruit, veg, milk, education, research, medical, dental, insurance, financial services.


  • #3
    barneystinson
    Registered Users, Registered Users 2 Posts: 4,685 ✭✭✭barneystinson


    jjjd wrote: »
    Supply of fruit, veg, milk, education, research, medical, dental, insurance, financial services.

    You're mixing up your zeroes and your exempts there...


  • #4
    jjjd
    Registered Users, Registered Users 2 Posts: 684 ✭✭✭jjjd


    barneystinson wrote: »
    You're mixing up your zeroes and your exempts there...
    You are indeed correct, apologies - The supply of fruit, veg, milk are 0% VAT, the others are examples of VAT exempt activities. The supply of public postal services (eg sale of stamps) is also an exempt activity.


  • #5
    Ali2016
    Registered Users, Registered Users 2 Posts: 6 ✭Ali2016


    Thank you for the feedback. That's where I was getting confused on the zero vat and what is exempt.


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