The registered VAT vendor charges standard rated VAT at 14 %, while the vendor charges zero-rated VAT at 0 % and exempt supplies means that the vendor does not register for VAT at all, so no VAT input may be claimed on their purchases.
The registered VAT vendor charges standard rated VAT at 14 %, while the vendor charges zero-rated VAT at 0 % and exempt supplies means that the vendor does not register for VAT at all, so no VAT input may be claimed on their purchases.