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Zero-Rated
(redirected from Zero-Rated Goods)

   Also found in: Dictionary/thesaurus, Encyclopedia 0.01 sec.
Zero-Rated
Goods and services that are not subject to a VAT. Examples of potentially zero-rated goods and services include financial services and items donated to a charity that the charity later sells.


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The only sensible conclusion to draw is that Mr Cameron, if he wins, would put up VAT and possibly extend it to zero-rated goods such as food, kids' clothes and bus fares.
The crooked clan registered 15 bogus companies between 1998 and 2004 across Merseyside, Cheshire, Derbyshire, Leicestershire and Scotland, creating fictitious sales transactions and invoices for the zero-rated goods in the conspiracy to evade paying VAT whilst pocketing reclaimed tax for fake business costs.
An Irish Customs source said: "We know the country is being used as a source of zero-rated goods.
 
 
 
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