Accepted Answer

Dear Amy

Here is a list of what is generally vatable.

Zero Rated Goods and Services (T0)

• Most exports
• Oral medicine and certain medical equipment and appliances
• Childrens clothing and footwear
• Food and drink used for human consumption

Exempt Goods and Services (T2)

• Medical, dental, and optical services
• Certain child-care services
• Certain lettings of immovable goods
• Admission to sporting events

Non-Vatable Items (T9)

• Wages
• Bank / Cash Transfers
• PAYE and PRSI Contributions
• Capital
• Loans, Dividends and gifts of money

Here is a full list of the codes:

T-0: zero rate sales and goods for resale

T1 standard rate sales and goods for resale - currently 21 %

T2 exempt sales and goods for resale

T3 reduced rate sales and goods fro resale - currently 13.5 %

T4 sales to VAT registered customers in EC

T7 zero rated purchases from suppliers in EC

T8 standard rated purchases from suppliers in EC

T9 non-vatable Tax Code - transactions not involving VAT

T10 zero rate goods for non-resale

T11 standard rate goods for non-resale - currently 21%

T12 exempt goods for non-resale

T13 reduced rate goods for non resale - currently 13.5%

 

Please let me know if this is what you are looking for.

Expert:	Ed Johnson
Pos. Feedback:	99.2 %
Accepts:	5140
Answered:	3/28/2007

Tax Preparer

GPHR Cert; U.S. Treasury Tax Advocacy Panel appointee