We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
VAT on Gift Boxes
Options

lal5000
Posts: 27 Forumite
in Cutting tax
Hi,
Not sure if anyone can help me with this. My accountant is pretty useless. Need a new one.
I am a VAT registered beekeeper.
I normally sell honey in standard jars and these are 0% (Z) VAT rated.
This year I want to sell some gift boxes.
These will be plain brown cardboard boxes with some brown twine (it will look just like a parcel).
In the box will be the following items:
1 x runny honey - 0% VAT - £6
1 x soft set honey - 0% VAT - £6
1 honey dipper - 20% VAT - cost me 12p each
1 x beeswax wrap - 20% VAT - cost me 25p each plus wax and a small amount of time to make them
I will fill the boxes with old shredded cardboard packaging so nothing too fancy.
I had planned to sell these for £15 each but not sure how much VAT to charge.
I was thinking £12 worth of 0% rated honey leaves £3, 1/6th of £3 = 50p
Does that sound about right?
I cant end up in the situation where I put something in the box, or present the box in the certain way that the whole item becomes 20% taxable.
Any thoughts? Ideally, I would like it to all be 0%!
Not sure if anyone can help me with this. My accountant is pretty useless. Need a new one.
I am a VAT registered beekeeper.
I normally sell honey in standard jars and these are 0% (Z) VAT rated.
This year I want to sell some gift boxes.
These will be plain brown cardboard boxes with some brown twine (it will look just like a parcel).
In the box will be the following items:
1 x runny honey - 0% VAT - £6
1 x soft set honey - 0% VAT - £6
1 honey dipper - 20% VAT - cost me 12p each
1 x beeswax wrap - 20% VAT - cost me 25p each plus wax and a small amount of time to make them
I will fill the boxes with old shredded cardboard packaging so nothing too fancy.
I had planned to sell these for £15 each but not sure how much VAT to charge.
I was thinking £12 worth of 0% rated honey leaves £3, 1/6th of £3 = 50p
Does that sound about right?
I cant end up in the situation where I put something in the box, or present the box in the certain way that the whole item becomes 20% taxable.
Any thoughts? Ideally, I would like it to all be 0%!
0
Comments
-
Ah that's amazing. Its fully exempt and zero rated then!
Thanks so much!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards