But nearly half of consumer expenditure is zero-rated.
We always took some pride in the fact that fuel for domestic heating was also zero-rated.
They would benefit less than other consumers from zero-rated standing charges.
As he says, they will be zero-rated if they are built into new construction because new construction is zero-rated.
In those circumstances, admission charges, fares or other charges, which are currently either zero-rated or apportioned, will become wholly liable at the standard rate.
For example, an extension would be zero-rated for the purposes of value added tax whilst repairs would be fully taxed for that purpose.
Boats of a gross tonnage of 15 tons or over are also zero-rated.
However, not all of the subscription is taxable if it covers items such as a newsletter, which is zero-rated.
