Code,Title,Description S,Standard rate,Standard VAT rate applies (EN 16931 BT-151/BT-118). Z,Zero rated,Goods/services taxed at zero rate. E,Exempt,Exempt from VAT. AE,Reverse charge,VAT reverse charge applies (buyer accounts for VAT). G,Export outside EU,Free export item, VAT not charged. K,Intra-community supply,Zero-rated intra-community supply of goods/services. O,Outside scope,Services outside the scope of VAT.