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| *Ostroff, Fair and Company>>>United Kingdom Taxes |
Value of VAT on food in uk? |
Value of VAT on food in uk? It actually depends on the food product believe it or not! Whilst some food is taxed at 21% other food items are VAT free. The normal rate of VAT in the UK is 17.5%. http://www.timesonline.co.uk/article/0,,... For a full detailed (and quite long!) specification of what food is "zero rated" check out the document from the HM Revenue and Customs: http://customs.hmrc.gov.uk/channelsporta... Most food is VAT free. The remainder at 17.5% |
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