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.



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https://payrollheaven.com/define/zero-rated-business/
Modern Language Association (MLA):
Zero-Rated Business. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 28, 2020 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: February 28, 2020).
American Psychological Association (APA):
Zero-Rated Business. PayrollHeaven.com. Retrieved February 28, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/zero-rated-business/

Definition Sources


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

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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