单词 | zero-rated |
释义 | > as lemmaszero-rated zero-rated adj. (of a product or service) having a rate of value added tax or other sales tax set at zero. ΘΚΠ society > trade and finance > fees and taxes > impost, due, or tax > duty on goods > [adjective] > liable to duty > liable to specific duty > not zero-rated1972 1972 Daily Tel. 22 Mar. 17/4 A firm which supplies zero-rated goods or services gets complete relief from Value Added Tax both on its purchases and on its sales. 1987 C. E. McLure & M. A. Bloomfield Value-added Tax vi. 72 A firm selling zero-rated items is a registered taxpayer..and can therefore receive credits for taxes paid on purchases. 2010 Financial Times 7 June 4/5 About £24bn could be raised by extending the current 17.5 per cent VAT rate to zero-rated items and domestic fuel. < as lemmas |
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