- The tax group states that a skin tag patch is considered a medical dressing eligible for a reduced VAT rate.
- A skin tag patch is used to remove and cover a skin tag, which can cause irritation and bleeding.
- The patch cuts off blood supply to the skin tag, causing it to dry and fall off.
- A medical dressing must meet two conditions: it must be similar to named dressings and intended for medical purposes.
- The patch is used to cover and protect damaged or vulnerable skin, qualifying it for the reduced VAT rate.
Source: taxlive.nl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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