What are the exempt activities?
VAT is not charged on an exempt activity, i.e., any of the following supplies:
Postal services
Medical and related services
Independent groups, non-profit making organisations and other bodies
Childcare and education
Other activities
Financial services
Agency services
Insurance and reinsurance services
Investment gold
Gambling and lotteries
Letting of land and buildings
Other supplies of goods
Gas and electricity services
Exemptions by derogation