Glossary

 

Zero-Rated
Denoting goods on which the buyer pays no VAT although the seller can claim back any tax he/she has paid.

These include some food items, newspapers, magazines and books, medicine and children’s clothing.

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.

Where We Work

Tayfield House
38, Poole Road
Westbourne
Bournemouth
Dorset, BH4 9DW

Member of the Certified
Public Accountants
Association  (CPAA)

Additional Services

  • Budget planning & cashflows
  • VAT & Inland Revenue enquiries
  • Bank & investor financial reports
  • Property portfolio management
  • Representation at meetings with:
    • VAT
    • Inland Revenue
    • Local Authorities
    • Government Agencies
    • Banks

Business Sector Expertise

  • Building & construction
  • Charities
  • Conference & entertainment
  • Fast food
  • Hotels & hospitality
  • Housing associations
  • Legal & professional
  • Manufacturing
  • Property management
  • Rest homes
  • Retail
  • Technology
  • Tradesmen