You are here: Home Page
/
Dictionary
Moneyextra.com
- Our Online Buys
- Get a Loan
- Get a Credit Card
- Get a Mortgage
- Cheap Car Insurance
- About Us
- Contact Us
- My Portfolio
-
Money News
- Finance Features
- News Feeds
- Guides
- Dictionary
Zero-rated
If a supply is zero-rated this means that no tax is charged on the supply but credit is given to the supplier for all tax on his inputs relating to that supply.
Details of zero-rated (or exempt) items are detailed in Schedules 8 and 9 of the Value Added Tax Act 1994.
See Also: Budgeting & tax centre Budget 2001 Budgeting & Tax glossary Capital Gains tax (CGT)
Last Updated: June 2006 © Moneyextra.com
MoneyExtra.com recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.