Frequently Asked Questions on VAT

Last updated on 08 February, 2019


 Back to FAQ

What goods and services fall under the standard rate?

The standard VAT rate of 5% applies to all taxable goods and services except zero-rated supplies (this includes basic requirements like healthcare, education, and basic food items) and tax-exempt supplies such as real estate and financial services.

 Previous
Next 
Get your business VAT ready with Zoho Books, an easy to use accounting software
TRY IT FOR FREE