What is VAT?

Value Added Tax, or VAT, is a tax that we must charge to residents of the European Union. So, if you’re not in the EU, there’s no need to panic; VAT doesn’t apply to you. VAT is only charged to customers whose Registrant Contact Details list an address located in the EU.

For those of you who are in the EU, unfortunately we do need to charge you a little extra because of VAT. The VAT amount is determined by country and ranges from 17% to 24%. However, VAT typically only applies on business-to-consumer sales, not business-to-business sales. If you are a business, you may be able to exempt yourself from VAT by adding a valid VAT ID Number to your Account Contacts. To do that, please refer to our article here.

Have more questions? Submit a request

0 Comments

Please sign in to leave a comment.