Code specifying that the rate is based on mixed tax.
AA
Lower rate
Tax rate is lower than standard rate.
AB
Exempt for resale
A tax category code indicating the item is tax exempt when the item is bought for future resale.
AC
Value Added Tax (VAT) not now due for payment
A code to indicate that the Value Added Tax (VAT) amount which is due on the current invoice is to be paid on receipt of a separate VAT payment request.
AD
Value Added Tax (VAT) due from a previous invoice
A code to indicate that the Value Added Tax (VAT) amount of a previous invoice is to be paid.
AE
VAT Reverse Charge
Code specifying that the standard VAT rate is levied from the invoicee.
B
Transferred (VAT)
VAT not to be paid to the issuer of the invoice but directly to relevant tax authority.
C
Duty paid by supplier
Duty associated with shipment of goods is paid by the supplier; customer receives goods with duty paid.
D
Value Added Tax (VAT) margin scheme - travel agents
Indication that the VAT margin scheme for travel agents is applied.
E
Exempt from tax
Code specifying that taxes are not applicable.
F
Value Added Tax (VAT) margin scheme - second-hand goods
Indication that the VAT margin scheme for second-hand goods is applied.
G
Free export item, tax not charged
Code specifying that the item is free export and taxes are not charged.
H
Higher rate
Code specifying a higher rate of duty or tax or fee.
I
Value Added Tax (VAT) margin scheme - works of art Margin scheme Works of art
Indication that the VAT margin scheme for works of art is applied.
J
Value Added Tax (VAT) margin scheme - collector's items and antiques
Indication that the VAT margin scheme for collector's items and antiques is applied.
O
Services outside scope of tax
Code specifying that taxes are not applicable to the services.
S
Standard rate
Code specifying the standard rate.
Z
Zero rated goods
Code specifying that the goods are at a zero rate.