Zero-rated

Meaning

Zero-rated is used for goods and services that you don’t add VAT or GST to when you sell them to clients. They can also be called tax exempt.

Key points

• Zero-rated appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, zero-rated is used to keep invoice and payment operations structured and auditable.