Exempt

1.

UK VAT.

Exempt goods and services which are outside the scope of VAT.

2.

Tax.

More generally, assets or transactions outside the scope of all taxes or outside the scope of a particular tax.

3.

Regulation and law.

Entities, assets or transactions outside the scope of particular regulations or laws.

See also

• Lower rated
• Partial exemption
• Standard rated
• VAT
• Zero rated