zero-rated goods and services — Goods and services that are taxable for value added tax purposes but are currently subject to a tax rate of zero. These include: • certain food items; • sewerage and water services for non industrial users; • periodicals and books; • certain… … Accounting dictionary
zero-rated goods and services — Goods and services that are taxable for value added tax purposes but are currently subject to a tax rate of zero. These include: • most food items, • sewerage and water services for non industrial users, • periodicals and books, • certain… … Big dictionary of business and management
zero-rated — ˌzero ˈrated adjective TAX zero rated goods and services are those on which you do not have to pay VAT (= a type of sales tax). In Britain, most food and books are zero rated zero rating noun [uncountable] : • The decision was taken to abolish… … Financial and business terms
zero-rated — zero rat|ed [ ,zırou reıtəd ] adjective BRITISH BUSINESS goods or services that are zero rated do not have the tax called VAT added to them … Usage of the words and phrases in modern English
zero-rated — zeˈro raˈted adjective Used of goods on which the purchaser pays no value added tax and on which the seller can claim back any value added tax already paid by him or her • • • Main Entry: ↑zero * * * zero rated UK [ˌzɪərəʊ ˈreɪtɪd] US [ˌzɪroʊ… … Useful english dictionary
Zero-rated supply — In economics, zero rated supply refers to items that are not charged a tax on their input supplies. The term is applied to items that would normally be taxed under valued added systems such as Europe s Value Added Tax (VAT) or Canada s Goods and… … Wikipedia
zero-rated — UK [ˌzɪərəʊ ˈreɪtɪd] / US [ˌzɪroʊ ˈreɪtəd] adjective business British goods or services that are zero rated do not have the tax called vat added to them … English dictionary
zero-rated — adjective Finance, Brit. denoting goods or services on which VAT is not levied. Derivatives zero rating noun … English new terms dictionary
zero-rating — zero rated ˌzero ˈrated adjective TAX zero rated goods and services are those on which you do not have to pay VAT (= a type of sales tax). In Britain, most food and books are zero rated zero rating noun [uncountable] : • The decision was taken to … Financial and business terms
zero-rate — zero rated UK US adjective TAX ► relating to goods and services on which no sales tax is paid when they are bought: »Donated goods are zero rated for VAT purposes. → Compare STANDARD RATED(Cf. ↑standard rated) zero rate verb [T] ► … Financial and business terms
