Tax and VAT Policy
TABLE OF CONTENTS
Introduction
Users of this website are required to abide by all applicable tax regulations if they are opening an account on ‘DiziShore’. ‘Dizishore’ is not authorised to provide tax advice; hence it is advisable to contact an expert tax advisor for more information regarding tax obligations.
Rules & regulations:
- Sellers are responsible for paying their own taxes as per the applicable laws of the state for their transactions associated with DiziShore.com.
- B2B & B2C businesses selling goods to the UK are required to register for a VAT number with HMRC (Her Majesty's Revenue and Customs).
- Value Added Tax (VAT), Goods and Services Tax (GST), sales tax, etc., will differ depending on where you reside.
- Value Added Tax (VAT) applies to the consumers in the UK and EU. It is advisable to consult your tax consultant for questions pertaining to the changes in the VAT rules due to BREXIT.
- DiziShore.com has the right to collect VAT in certain circumstances.
- Merchants supplying digital products to UK consumers are liable to UK VAT.
- Merchants supplying digital products to consumers outside the UK are liable to VAT in the country in which the consumers are based.
- Merchants must mention the VAT rate while listing their products on DiziShore.com.
- In case the refund request is approved on the DiziShore.com platform, the buyer will also receive the proportionate tax amount. This means in case of a full refund it is a full tax refund as well, and in case of a 50% refund it will be a 50% tax refund.
- The tax amount is always mentioned on the checkout page if and when it is charged.
Useful Links
- EU VAT Information - Country Specific (https://ec.europa.eu/taxation_customs/taxation-1/value-added-tax-vat_en)
- EU VAT Rules (https://ec.europa.eu/taxation_customs/taxation-1/value-added-tax-vat_en)
- UK VAT Rules for digital services (https://www.gov.uk/guidance/the-vat-rules-if-you-supply-digital-services-to-private-consumers#definition-of-electronically-supplied)
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