VAT exempt

VAT exempt means that for something you don’t have to pay or charge VAT.

When you need to care about VAT exempt services if you’re self-employed:

• If you provide them, you don’t need to register for VAT and charge VAT for them (even if you earn over the VAT threshold of £90,000)
• If you purchase them, you can’t claim back VAT from HMRC

Example of goods and services that are VAT exempt:

• Education and training
• Fundraising events
• Finance, like interest on loans or insurance
• Subscriptions or memberships