VAT exclusive prices
Some of the prices on the web site are prices based on a VAT exclusive price. This means that if the VAT rate should change then the VAT exclusive price does not change.
For example, if we say something is £10.00 exclusive VAT and this is based on a VAT exclusive price then if there is a VAT rate change then the price remains £10.00 exclusive VAT.
If you are a VAT registered customer the effect would be no change to the amount you ultimately pay as you can reclaim the VAT at the prevailing rate. For example at 17.5% the above is £10.00+£1.75 VAT making £11.75, and at 15% the above would be £10.00+£1.50 VAT making £11.50.
Where we quote a price on the web site that is VAT inclusive but is based on a VAT exclusive price we have a link to this page next to the price to make it clear that the price quoted is based on the VAT exclusive price and the prevailing VAT rate and so would change in the event of a VAT rate change.
