What is VAT?
VAT (Value Added Tax) is a government tax that is charged on most of the goods and services you buy throughout the EU Tax zone. In most stores VAT is simply included in the price. It is a mandatory tax and must by law be added to all goods being shipped within the EU Tax Zone. Only customers outside the EU Tax zone are permitted to pay VAT-free (ex-VAT) prices.
For a full list of all countries inside the EU Tax Zone please see below.
What is the "inc VAT" price?
The "inc VAT" price is the price including sales Tax (20%). This is the price you pay if you are in the UK or any other country within the European Union (EU) Tax Zone. For a full list of countries inside the EU Tax Zone please see below.
What is the "ex VAT" price ..and who is it for?
The "ex-VAT" price is the price before sales tax is added. Customers outside the EU Tax Zone pay this price, as they are not required to pay VAT. For a full list of countries inside the EU Tax Zone please see below.
Do I pay the inc-VAT or the ex-VAT price?
Below is a list of all the countries which are inside the EU Tax Zone, if you (or your shipping address) are located in one of the countries listed below you pay the price which includes VAT (inc VAT) price, if your country is not listed below, you pay the first price, without the VAT (ex VAT).
- Austria (including Jungholtz and Mittelberg)
- Czech Republic
- France (including Monaco and Corsica)
- Ireland (Both the Republic of Ireland and Northern Ireland)
- Italy (including Sardinia)
- Portugal (including Madeira and the Azores)
- Slovak Republic
- Spain (including the Balearic Islands Majorca, Ibiza & Menorca but NOT including the Canary Islands)
- United Kingdom (except for the Channel Islands)
How is the VAT calculated?
Since Seven Tenths is based in the UK, VAT is set at the UK national rate of 20% on the price of the goods. This rate is set by the government, not by us!
Who does NOT have to pay VAT?
Customers who are not in the EU Tax Zone countries listed above are not required to pay VAT and will be charged the "ex VAT" prices shown throughout the store.
I'm still confused, so which prices apply to me?
If your goods are being shipped to one of the countries listed above, you pay the price marked "inc VAT"
If your country is NOT listed above, you pay the price marked "ex VAT"