½Û×ÓÊÓƵ

Farming and other rural activities

Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance

Farming and other rural activities

Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance
imgtext

This guidance note provides an overview of the VAT implications associated with farming and other rural activities.

Live animals

The sale of many live animals will be zero-rated as they can fall within the scope of zero-rating for ‘food’. For details of the kinds of live animals covered by zero-rating and for a general overview of the scope of zero-rating for food, see the Liability ― food and catering guidance note.

Animal food

The supply of food that is fed to animals can generally be zero-rated as the zero-rating for food extends to animal feeding stuffs. For the meaning and examples of animal feeding stuffs, see the Liability ― food and catering guidance note.

However, the zero-rating is subject to a number of important exceptions which are set out in the Liability ― food and catering guidance note.

See also the Liability ― food and catering guidance note for a general overview of the scope of zero-rating for food.

Plants, seeds, etc

The zero-rating for food will also cover the supply

Continue reading the full document
To gain access to additional expert tax guidance, workflow tools, and tax research, register for a free trial of Tolley+â„¢
Powered by

Popular Articles

Computation of corporation tax

Computation of corporation taxCompanies pay corporation tax on the taxable total profits (TTP) generated in a chargeable accounting period (CAP).To ascertain whether the entity is within the charge to corporation tax, see the Charge to corporation tax guidance note.For more information on the type

14 Jul 2020 11:16 | Produced by Tolley Read more Read more

Non-business expenses

Non-business expensesIntroductionIn order for an expense to be tax deductible it must be incurred because of an employee’s employment. Any non-business related expense is, therefore, not relievable except in some very particular circumstances.This guidance note deals with three separate issues. The

14 Jul 2020 12:16 | Produced by Tolley Read more Read more

Research and development (R&D) relief ― overview

Research and development (R&D) relief ― overviewThis guidance note provides an overview of the research and development (R&D) tax reliefs for companies.See the Research and development tax relief summary diagram which summarises the R&D tax relief.See also Simon’s Taxes D1.401.For a factsheet which

14 Jul 2020 12:22 | Produced by Tolley in association with Will Sweeney Read more Read more