Deciding on your pricing is difficult enough in regular business scenarios – making sure your product or service is correctly priced can be the difference between profit and loss. This issue is intensified when you are selling online to customers in various jurisdictions and have VAT or similar indirect tax obligations to consider: not only do you have to know when to charge VAT, but charging the incorrect amount of VAT can impact your profitability significantly.
Source: vatglobal.com
