Zero-rated supply is a supply within the scope of value-added tax but charged at a nil rate. Examples are food (excluding restaurant and take-away meals), books and journals, and children's clothes; all exports are also zero-rated. Unlike exempt supplies, zero-rated supplies count towards the turnover limit above which registration for VAT is compulsory, and any input tax relating to them may be reclaimed by the registered trader. Research Zero-rated Supply
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Abbreviations
Research Zero-rated Supply
