Welcome to the Cake Decorators Q&A
Are cakes still zero rated for VAT?
hi. Iv just registered my business and am wondering if cakes are still zero rated for VAT and if it’s still recommended to register for vat ASAP as your pro video was 4 years ago.
Many thanks
hi. Iv just registered my business and am wondering if cakes are still zero rated for VAT and if it’s still recommended to register for vat ASAP as your pro video was 4 years ago.
Many thanks
Yes unles you selling in a shop . x if selling from a stall or your home your ok x
Hi cheekyjuju
Definitely register for VAT straight away. Cake is zero rated if you buy it in a shop of any description, including a takeout cafe eg Costas, provided it is not consumed on the premises. VAT is only added if you sit in to eat it.
As a home baker VAT is not applicable unless you have a tea-room attached and are registered for VAT.
If you’re not registered as a Pro member it may be advantageous to consider upgrading your membership while the 50% sale is running here: http://www.cakeflix.com/membership-options
Pro membership covers all questions relating to business including VAT and so, so much more. I can vouche that you will start saving money straight away from the courses. It’s a fanastic tool for any new or established business. For more information take a peek here:
http://www.cakeflix.com/learn-to-run-your-own-cake-decorating-business
Hope this helps.
Hope this helps, if you need more information please post again.