Which items are exempt from VAT in the UK

date:2026-04-21 16:02:42 author:admin browse: time View comments Add Collection

Which items are exempt from VAT in the UK

Which items are exempt from VAT in the UK?

A. Postal services

B. Prescription medicines

C. Standard retail goods

D. Insurance services

Answer: ABD

Explanation: Postal services, prescription meds, and insurance are VAT-exempt in the UK. Standard retail goods are subject to the 20% standard VAT rate.