Category 'Exempt from tax' rates
Modified on Wed, 19 Aug at 12:06 PM
In Lucy, you can create custom VAT rates that perfectly match your specific business scenarios. When setting up a new rate, you can choose between two categories:
- Standard VAT: For regular VAT percentages.
- Exempt from tax: For scenarios where a zero rate or a specific exemption applies.
If you select an 'Exempt from tax' rate, you are legally required to state the reason for the exemption on your invoice.
- The name you assign to a VAT rate is only an internal label and will not be displayed on the invoice. On the invoice, the VAT type will always be shown as 'Exempt from tax'.
- Select the correct code: While creating the rate in Lucy, select the code that applies to your situation. If you are unsure which code to use, please consult your accountant.
- Automatic invoice remark: As soon as you select a code, the legal description will appear at the bottom of the screen. This exact text will automatically be printed on the invoice whenever you apply this VAT rate, ensuring your billing remains fully compliant.
Here you can find an overview of all codes.
| Tax exemption code | Tax exemption reason (ENGLISH) |
| VATEX-EU-79-C | Exempt based on article 79, point c of Council Directive 2006/112/EC |
| VATEX-EU-132 | Exempt based on article 132 of Council Directive 2006/112/EC |
| VATEX-EU-132-1A | Exempt based on article 132, section 1 (a) of Council Directive 2006/112/EC |
| VATEX-EU-132-1B | Exempt based on article 132, section 1 (b) of Council Directive 2006/112/EC |
| VATEX-EU-132-1C | Exempt based on article 132, section 1 (c) of Council Directive 2006/112/EC |
| VATEX-EU-132-1D | Exempt based on article 132, section 1 (d) of Council Directive 2006/112/EC |
| VATEX-EU-132-1E | Exempt based on article 132, section 1 (e) of Council Directive 2006/112/EC |
| VATEX-EU-132-1F | Exempt based on article 132, section 1 (f) of Council Directive 2006/112/EC |
| VATEX-EU-132-1G | Exempt based on article 132, section 1 (g) of Council Directive 2006/112/EC |
| VATEX-EU-132-1H | Exempt based on article 132, section 1 (h) of Council Directive 2006/112/EC |
| VATEX-EU-132-1I | Exempt based on article 132, section 1 (i) of Council Directive 2006/112/EC |
| VATEX-EU-132-1J | Exempt based on article 132, section 1 (j) of Council Directive 2006/112/EC |
| VATEX-EU-132-1K | Exempt based on article 132, section 1 (k) of Council Directive 2006/112/EC |
| VATEX-EU-132-1L | Exempt based on article 132, section 1 (l) of Council Directive 2006/112/EC |
| VATEX-EU-132-1M | Exempt based on article 132, section 1 (m) of Council Directive 2006/112/EC |
| VATEX-EU-132-1N | Exempt based on article 132, section 1 (n) of Council Directive 2006/112/EC |
| VATEX-EU-132-1O | Exempt based on article 132, section 1 (o) of Council Directive 2006/112/EC |
| VATEX-EU-132-1P | Exempt based on article 132, section 1 (p) of Council Directive 2006/112/EC |
| VATEX-EU-132-1Q | Exempt based on article 132, section 1 (q) of Council Directive 2006/112/EC |
| VATEX-EU-143 | Exempt based on article 143 of Council Directive 2006/112/EC |
| VATEX-EU-143-1A | Exempt based on article 143, section 1 (a) of Council Directive 2006/112/EC |
| VATEX-EU-143-1B | Exempt based on article 143, section 1 (b) of Council Directive 2006/112/EC |
| VATEX-EU-143-1C | Exempt based on article 143, section 1 (c) of Council Directive 2006/112/EC |
| VATEX-EU-143-1D | Exempt based on article 143, section 1 (d) of Council Directive 2006/112/EC |
| VATEX-EU-143-1E | Exempt based on article 143, section 1 (e) of Council Directive 2006/112/EC |
| VATEX-EU-143-1F | Exempt based on article 143, section 1 (f) of Council Directive 2006/112/EC |
| VATEX-EU-143-1FA | Exempt based on article 143, section 1 (fa) of Council Directive 2006/112/EC |
| VATEX-EU-143-1G | Exempt based on article 143, section 1 (g) of Council Directive 2006/112/EC |
| VATEX-EU-143-1H | Exempt based on article 143, section 1 (h) of Council Directive 2006/112/EC |
| VATEX-EU-143-1I | Exempt based on article 143, section 1 (i) of Council Directive 2006/112/EC |
| VATEX-EU-143-1J | Exempt based on article 143, section 1 (j) of Council Directive 2006/112/EC |
| VATEX-EU-143-1K | Exempt based on article 143, section 1 (k) of Council Directive 2006/112/EC |
| VATEX-EU-143-1L | Exempt based on article 143, section 1 (l) of Council Directive 2006/112/EC |
| VATEX-EU-144 | Exempt based on article 144 of Council Directive 2006/112/EC |
| VATEX-EU-146-1E | Exempt based on article 146 section 1 (e) of Council Directive 2006/112/EC |
| VATEX-EU-148 | Exempt based on article 148 of Council Directive 2006/112/EC |
| VATEX-EU-148-A | Exempt based on article 148, section (a) of Council Directive 2006/112/EC |
| VATEX-EU-148-B | Exempt based on article 148, section (b) of Council Directive 2006/112/EC |
| VATEX-EU-148-C | Exempt based on article 148, section (c) of Council Directive 2006/112/EC |
| VATEX-EU-148-D | Exempt based on article 148, section (d) of Council Directive 2006/112/EC |
| VATEX-EU-148-E | Exempt based on article 148, section (e) of Council Directive 2006/112/EC |
| VATEX-EU-148-F | Exempt based on article 148, section (f) of Council Directive 2006/112/EC |
| VATEX-EU-148-G | Exempt based on article 148, section (g) of Council Directive 2006/112/EC |
| VATEX-EU-151 | Exempt based on article 151 of Council Directive 2006/112/EC |
| VATEX-EU-151-1A | Exempt based on article 151, section 1 (a) of Council Directive 2006/112/EC |
| VATEX-EU-151-1AA | Exempt based on article 151, section 1 (aa) of Council Directive 2006/112/EC |
| VATEX-EU-151-1B | Exempt based on article 151, section 1 (b) of Council Directive 2006/112/EC |
| VATEX-EU-151-1C | Exempt based on article 151, section 1 (c) of Council Directive 2006/112/EC |
| VATEX-EU-151-1D | Exempt based on article 151, section 1 (d) of Council Directive 2006/112/EC |
| VATEX-EU-151-1E | Exempt based on article 151, section 1 (e) of Council Directive 2006/112/EC |
| VATEX-EU-159 | Exempt based on article 159 of Council Directive 2006/112/EC |
| VATEX-EU-309 | Exempt based on article 309 of Council Directive 2006/112/EC |
| VATEX-EU-AE | Reverse charge |
| VATEX-EU-D | Intra-Community acquisition from second hand means of transport |
| VATEX-EU-F | Intra-Community acquisition of second hand goods |
| VATEX-EU-G | Export outside the EU |
| VATEX-EU-I | Intra-Community acquisition of works of art |
| VATEX-EU-IC | Intra-Community supply |
| VATEX-EU-O | Not subject to VAT |
| VATEX-EU-J | Intra-Community acquisition of collectors items and antiques |
| VATEX-FR-FRANCHISE | France domestic VAT franchise in base |
| VATEX-FR-CNWVAT | France domestic Credit Notes without VAT, due to supplier forfeit of VAT for discount |
| VATEX-EU-153 | Exempt based on article 153 of Council Directive 2006/112/EC |
| VATEX-FR-CGI261-1 | Exempt based on 1 of article 261 of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261-2 | Exempt based on 2 of article 261 of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261-3 | Exempt based on 3 of article 261 of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261-4 | Exempt based on 4 of article 261 of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261-5 | Exempt based on 5 of article 261 of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261-7 | Exempt based on 7 of article 261 of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261-8 | Exempt based on 8 of article 261 of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261A | Exempt based on article 261 A of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261B | Exempt based on article 261 B of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261C-1 | Exempt based on 1° of article 261 C of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261C-2 | Exempt based on 2° of article 261 C of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261C-3 | Exempt based on 3° of article 261 C of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261D-1 | Exempt based on 1° of article 261 D of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261D-1BIS | Exempt based on 1°bis of article 261 D of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261D-2 | Exempt based on 2° of article 261 D of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261D-3 | Exempt based on 3° of article 261 D of the Code Général des Impôts (CGI ; General tax code) Exonération de TVA - Article 261 D-3° du Code Général des Impôts |
| VATEX-FR-CGI261D-4 | Exempt based on 4° of article 261 D of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261E-1 | Exempt based on 1° of article 261 E of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI261E-2 | Exempt based on 2° of article 261 E of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI277A | Exempt based on article 277 A of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI275 | Exempt based on article 275 of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-298SEXDECIESA | Exempt based on article 298 sexdecies A of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-CGI295 | Exempt based on article 295 of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-FR-AE | Exempt based on 2 of article 283 of the Code Général des Impôts (CGI ; General tax code) |
| VATEX-EU-135-1 | Exempt based on article 135, section 1 of Council Directive 2006/112/EC |