Zero rated income

The University does not make many supplies at the Zero rate.

Books and publications

For VAT purposes, books and publications always consist of text and/or illustrations, bound in a cover stiffer than the pages. They can be printed in any language or characters including Braille or shorthand, photocopied, typed, or handwritten.

Supplies of the following are zero rated:

  • Reference books
  • Dictionaries and catalogues
  • Bound collections of letters or documents
  • Loose-leaf books, manuals, or instructions
  • Brochures and pamphlets
  • Leaflets
  • Newspapers
  • Journals and periodicals

However, it is very important to note that the supply of any of the above in electronic form is ALWAYS standard rated. 

Items such as Diaries, calendars, and address books are always Vatable.

Export of goods

Export of goods to countries outside the EU is zero rated. Proof of export must be kept for inspection by HMRC for at least 3 years.