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gsmwraith Posts: 79

I live in the States, we pay X amoutn of $$ for a rate plan, taxes etc added depending on location , are rate plans the same in Europe, I have noticed a lto of UK sites say including / excluding VAT, tariff, etc, what the heck does this mean??? same as here or a little different??

Just a stupid american wondering about other countries rate plans.
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Posted: 2002-10-15 08:50:00
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Korova Posts: 344

VAT stands for Value Added Tax. For everyday High Street consumers, VAT is included in the price tag and that's that, but in a business environment the price often excludes VAT because, if a business has an annual turnover over a certain ammount (not too sure what ammount) it has to be VAT registered which means that whatever VAT the business pays, for services, materials etc, it can claim back.
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Posted: 2002-10-15 10:02:00
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spike731 Posts: 124

Here in the UK we call cell phones mobiles and rate plans are called contracts. The term tariff describes the charging structure of your contract. This post was posted from a T68i
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Posted: 2002-10-15 10:14:00
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Korova Posts: 344

BTW, VAT is 17.5% at the moment.
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Posted: 2002-10-15 11:02:00
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gsmwraith Posts: 79

DAMN!!!! you mean 17.5% above what the item costs!!!! I mean State and local combined here in Oklahoma(Tulsa) is only ~8%

And when you think of it that way you are paying way more because the British Pound is worth more than the American dollar!!!!
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Posted: 2002-10-15 11:15:00
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Korova Posts: 344

Well we don't actually see it that way. When you go to a store and buy a 11.99 CD, that price includes the VAT. The only time you feel you're paying over the odds for stuff is when you go through passport control at the airport and enjoy Duty (VAT) free shopping, where the same CD would only cost 10.20!
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Posted: 2002-10-15 19:32:00
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tranquil Posts: > 500

If you are stunned by UK VAT regulations you will be shocked by the Norwegian Moms. Moms is basically the same as VAT, and it's 24%! :-( Every time you purchase a product or a service 24% of the total price goes straight to the goverment. And you were suprised by UK VAT? This post was posted from a T68i
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Posted: 2002-10-15 20:04:00
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bjarne1 Posts: 117

But since you dont buy cd:s, thats not a prob
Eh, i mean, i dont listen to music.
Anyway, the VAT in Sweden is 25%, 12% or 6% depending of what you buy. Most stuff in 25 % of course.

Quote:
On 2002-10-15 19:32, Korova wrote:
Well we don't actually see it that way. When you go to a store and buy a 11.99 CD, that price includes the VAT. The only time you feel you're paying over the odds for stuff is when you go through passport control at the airport and enjoy Duty (VAT) free shopping, where the same CD would only cost 10.20!


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Posted: 2002-10-15 21:45:00
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