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Tax - confused
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Topic: Tax - confused (Read 311 times)
Mookamoo
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Tax - confused
«
on:
October 04, 2010, 10:43:21 AM »
Hi
I have set up a shop which and I am based in the UK.
We have 17.5% tax to add to products but I want to sell all my products at a flat rate of £7.50 throughout the world.
Is it the norm to have your prices set up as £7.50 (inc Tax), or do I have to set it up as £6.19 plus tax (17.5%) to allow customers from outside the UK to not pay tax?
Cheers as I'm new to this
Steve
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gordym75
Part of the Furniture
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The Chatroom Ninja!
Re: Tax - confused
«
Reply #1 on:
October 04, 2010, 07:32:56 PM »
Steve
Unless you're VAT registered then you do not need to and in fact, shouldn't mention the 17.5% tax. You aren't charging VAT unless you are VAT registered therefore you shouldn't be mentioning it on your site which means you are free to sell your products at £7.50 with no mention of tax at all.
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