What are the 3 type of VAT?

Answer:
You have standard rate VAT which is 20%, this covers mostly everything.

You then have reduced rate VAT which is at 5%, this is normally for domestic fuel.

Then there is zero rate VAT which is 0% and is for most food, childrens clothing etc.
First answer by Andrew Bushell. Last edit by Andrew Bushell. Contributor trust: 7 [recommend contributor recommended]. Question popularity: 7 [recommend question].

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  • Vat (crossword solution)
  • Vat. (abbreviation)
  • VATS (abbreviation)

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