Define: Zero-Rated Business

UK Accounting Glossary

Definition: Zero-Rated Business


Quick Summary of Zero-Rated Business


A business that only supplies zero-rated goods and services. It does not charge VAT to its customers but it receives a refund of VAT on goods and services it purchases.




What is the dictionary definition of Zero-Rated Business?

Dictionary Definition



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Full Definition of Zero-Rated Business



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Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/zero-rated-business/
Modern Language Association (MLA):
Zero-Rated Business. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 15, 2019 https://payrollheaven.com/define/zero-rated-business/.
Chicago Manual of Style (CMS):
Zero-Rated Business. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/zero-rated-business/ (accessed: November 15, 2019).
American Psychological Association (APA):
Zero-Rated Business. PayrollHeaven.com. Retrieved November 15, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/zero-rated-business/

Definition Sources


Definitions for Zero-Rated Business are sourced/syndicated from:


This glossary post was last updated: 26th December 2018.