2wheelsgood
Active Member
- Region
- United Kingdom
It was bundled along with a full service and I also had a new chain. I forgot that they put tax on all of that as well.
I cannot show the full bill without personal info here and there.
Specialized Turbo Vado SL: An Incredible E-Bike (User Club)
- Thread starter Stefan Mikes
- Start date
I cannot show the full bill without personal info here and there.
Stefan Mikes
Gravel e-biker
- Region
- Europe
- City
- Mazovia, PL
You have a low VAT. Ours is 23%.
Jeremy McCreary
Bought it anyway
- Region
- USA
- City
- Carlsbad, CA
Thanks! Wow, they did a lot for £547. And I thought the 8.5% tax around here was bad!
Last edited:
Stefan Mikes
Gravel e-biker
- Region
- Europe
- City
- Mazovia, PL
Jeremy, perhaps I will say something obvious, yet... There is no sales tax in Europe. The Value Added Tax is what any end consumer (an individual or a business) has to pay. Only the business can deduct the VAT from the goods or services it bought to produce something more valuable (which is taxed with VAT), hence the tax name. 2wheelsgood got a full invoice with the VAT breakdown. Usually, the VAT is included in the price. So, the price you see on the supermarket shelves or the price in an online store is what you will actually pay. No guessing what tax would be added to the net price.
Not the UK but any EU country transfers the VAT money to the EU treasury, which redistributes the means between the member states. For most of her recent history, Poland was the net beneficiary of such EU funds, which built us the modern infrastructure (even including sewage and water supply in the countryside). Currently, Poland is the net payer of the VAT, same as all rich European countries.
P.S. The VAT can be low, such as 7% (on the construction material or food), depending on the country. I think Germany has the highest VAT rate, 25%.
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