Codes specifying VAT categories in the AE.
Code | Name/Description |
---|---|
S |
Standard rate
Code specifying the standard rate. |
E |
Exempt from tax
Code specifying that taxes are not applicable. |
O |
Services outside scope of tax / Not subject to tax
Code specifying that taxes are not applicable to the services and/or not subject to VAT |
AE |
VAT Reverse Charge
Code specifying that the standard VAT rate is levied from the invoicee. |
Z |
Zero rated
Code specifying that the goods and/or services are at a zero rate. |
Ν |
Standard rate additional VAT
Standard VAT calculated for an additional taxable base when the additional taxable base is not included in the document totals. |