vat exemption

vat exemption

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hi does anyone know if the elderly are vat exempt when they reach a certain age?

i have had a customer approach me to tell me they are now they are over 70 but u not heard about it before.

can anyone help?

thanks

Replies (10)

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By petersaxton
18th Mar 2013 07:19

Why?

would anybody suggest anything so ridiculous?

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Replying to Accountant A:
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By User deleted
18th Mar 2013 07:34

Why indeed

petersaxton wrote:

would anybody suggest anything so ridiculous?

To try it on, thar's why

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By JANINE X1
18th Mar 2013 08:56

Thanks, I did say but he was that adamant that I thought I had better ask

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Quack
By Constantly Confused
18th Mar 2013 09:14

I suspect that items intended for the elderly will be ZR (as with kids items) but I'm too lazy to research that at the moment.  But no, the elderly don't get a blanket exemption (nor for that matter do kids, though I've been told countless times they do).

 

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By Roxanne Wralls
18th Mar 2013 11:45

Charities don't have to pay VAT either!

Or so they often say.

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The triggle is a distant cousin of the squonk (pictured)
By Triggle
18th Mar 2013 12:22

The elderly do become beyond

The elderly do become beyond the scope of VAT but only when they peg it.

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By HUGH W DUNLOP
18th Mar 2013 12:28

VAT for elderly

Very few items are exempt for the elderly. But these can be found online.

Sounds as if we are back to 'the man in the pub' who knows everything.

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The triggle is a distant cousin of the squonk (pictured)
By Triggle
18th Mar 2013 12:34

Perhaps they are confusing VAT with National Insurance Contributions?

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By SamanthaGore
18th Mar 2013 12:43

registered disabled?

if you are registered disabled you can get the VAT back on some disbaility aids, are they muddling it up with that? http://www.hmrc.gov.uk/vat/sectors/consumers/disabled.htm

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By DMGbus
18th Mar 2013 13:15

Disability reliefs (not age reliefs)...

There certainly are reliefs that benefit the elderly - these, although most commonly applicable to the aged, are NOT exclusive to the elderly.

The reliefs that I refer to are for those who have disabilities.  The various reliefs mean that the supplier makes zero rated supplies (NB. not VAT exempt) supplies where pernitted under the particular rules.

If you search HMRC website using the term "701/59" a page of useful links is returned.

PS. 701/59 is an out of date VAT publication that used to be relevant, however HMRC have ensured that using "701./59" as a search term comes up with replacemrnt / more upto date relevant VAT publications, 

Here are some of the search results:

http://www.hmrc.gov.uk/charities/vat-notices-disabled.htm

http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&id=HMCE_CL_000128&propertyType=document

http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageImport_ShowContent&id=HMCE_CL_000184&propertyType=document
 

 

 

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