Folders can be 0% or 20% VAT in the UK depending on the job (HMRC VAT Notice 701/10, paragraph 5.2). It's mainly there to hold other things: 20% VAT. It's printed with plenty of information, like a brochure with a flap: 0% VAT.
PRIVATE & CONFIDENTIAL
Interesting. I'll need the particulars.
Folders
It depends
Most folders are standard-rated. A folder can be zero-rated if it's really a brochure, carrying a good amount of information in its own right.
Folders can be 0% or 20% VAT in the UK depending on the job (HMRC VAT Notice 701/10, paragraph 5.2). It's mainly there to hold other things: 20% VAT. It's printed with plenty of information, like a brochure with a flap: 0% VAT. Most folders are standard-rated. A folder can be zero-rated if it's really a brochure, carrying a good amount of information in its own right.
How do I know which VAT rate applies to folders?
It's mainly there to hold other things: 20% VAT. It's printed with plenty of information, like a brochure with a flap: 0% VAT.
Where does this come from?
HMRC VAT Notice 701/10, paragraph 5.2, HMRC's guidance on zero rating books and printed matter. Read the notice on GOV.UK ↗