Standard Rate Sales
Anything that doesn't fall into the categories of being outside the scope, zero-rate, reduced-rate or exempt is standard rated.
It is not possible to produce a list of all standard rated items as it is any goods or services which are not explicitly chargeable at another rate of tax. Below is a list of some of the more common standard rated goods or services that the University might be involved in.
|Catering||Is standard-rated except when provided direct to students, or for the attendees of a course, conference or seminar when they can be exempted (see Supplies closely related to education)|
|Alcohol and certain foods||Alcohol is always standard-rated, as is ice cream, confectionery, non-alcoholic drinks and crisps.|
|Private purchases||Private purchases are standard-rated unless the goods/services being brought have their own VAT relief, e.g. in the case of a staff member buying a book the VAT would be zero-rated as books are zero-rated. Goods cannot be sold 'medically exempt' to members of staff.|
|Stationery||Sales of stationery items are standard rated unless sold to students when they can be exempted as they are seen as closely related to the supply of education.|
|Photocopying||Sales of photocopying items are standard rated unless sold to students or for use on a course when they can be exempted as they are seen as closely related to the supply of education.|
|Advertising||Advertising is standard rated unless sold to another charitable organisation when it can be zero-rated.|
|Supplies of staff|
|Charges for using facilities (not room hire)|
If you are in any doubt as to which rate of tax should be used for your transaction then contact the University VAT department.