Are Safety Boots VAT Exempt? Here’s What UK Workers Should Know
Are Safety Boots VAT Exempt? Here’s What UK Workers Should Know
Posted by Gordon Fraser on
Navigating the world of taxes can be like traversing a construction site – full of potential hazards if you're not careful. And just like those construction sites often require safety boots, understanding the VAT implications of those boots can be crucial for your wallet and your peace of mind. So, let's step into this topic and clear up any confusion. What is VAT and How Does it Apply to Footwear? Before we delve into the specifics of safety boots, let's establish a basic understanding of Value Added Tax (VAT). Think of VAT as a consumption tax – a percentage added...