Frequently Asked Questions on VAT

Last updated on 08 February, 2019


 Back to FAQ

What are tax-exempt goods and services?

These are supplies for which there is no tax charged, and registered business owners cannot reclaim any tax paid on them.

Some examples of tax-exempt goods and services include:

  1. Lease or sale of real estate (residential and commercial buildings)
  2. Financial services
  3. Bare land
  4. Charitable Services
 Previous
Next 
Get your business VAT ready with Zoho Books, an easy to use accounting software
TRY IT FOR FREE