What is the standard rate of VAT for most taxable goods in the UK

date:2026-04-12 11:39:15 author:admin browse: time View comments Add Collection

What is the standard rate of VAT for most taxable goods in the UK

What is the standard rate of VAT for most taxable goods in the UK (current)?

A. 5%

B. 12.5%

C. 20%

D. 0%

Answer: C

Explanation: The standard UK VAT rate is 20% for most taxable supplies. 5% is a reduced rate, 0% applies to zero-rated items, and some goods are exempt.