V4.101 Meaning of 'exemption'
Tax is charged on any supply of goods or services which comprises a taxable supply made in the UK by a taxable person in the course or furtherance of any business carried on by him1. A taxable supply for this purpose is a supply of goods or services made in the UK other than an exempt supply2. Thus no tax is charged on an exempt supply.
A supply of goods or services is an exempt supply if it is of a description for the time being specified in VATA 1994, Sch 93, which is derived from Archived Directive 2006/112/EC, arts 131–136 (and art 137 in relation to the option to tax certain otherwise exempt supplies). Before Brexit, member states were required to implement the provisions of the now Archived Directive 2006/112/EC
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