How we handle VAT
As part of our commitment to transparency and compliance with legal requirements, we want to inform you about the Value Added Tax (VAT) applied to all purchases made through our platform. Based on German law, a 19% VAT is added to every transaction. Here’s what you need to know:
What is VAT?
Value Added Tax (VAT) is a consumption tax levied on the sale of goods and services. In Germany, the standard VAT rate is 19%. This tax is mandated by the government and helps fund various public services and infrastructure.
Important Information About Our Prices
Net Prices: All prices mentioned on our platform are net prices. Since we sell our services in a business context, the listed prices do not include VAT.
VAT Addition: The 19% VAT will be added to the net price at checkout. The final amount you pay will include this VAT.
How VAT Applies to Your Purchases
Automatic Calculation:
When you make a purchase on our platform, the 19% VAT is automatically added to the net total.
The final price you see at checkout includes this VAT, ensuring transparency and clarity.
Invoices and Receipts:
Your invoice or receipt will clearly show the VAT amount. This ensures you have a detailed record of the tax applied.
For businesses, this can be useful for accounting and tax filing purposes.
Compliance with German Law:
By charging VAT, we comply with German tax regulations, ensuring that all transactions are legal and correctly processed.
This also means that our platform meets high standards of financial and legal integrity.
Benefits of VAT Compliance
Transparency: You know exactly how much tax you’re paying on each purchase.
Legal Assurance: Compliance with German law protects both the business and customers, ensuring all transactions are legitimate.
Support for Public Services: The VAT collected contributes to the funding of essential public services and infrastructure in Germany.