By entering your VAT registration number, Elevent automatically accounts for Value-Added Tax (VAT) on applicable transactions. When a purchase is made, VAT is calculated based on the customer’s location and the type of product or service.
For hosts, Elevent collects VAT where required and ensures it is remitted in compliance with local tax regulations.
Elevent automatically accounts for Value-Added Tax (VAT) on applicable transactions. When a purchase is made, VAT is calculated based on the customer’s location and the type of product or service. The correct VAT rate is applied at checkout and clearly displayed on invoices or receipts.
To make sure VAT is processed correctly, hosts must enter their VAT registration number in their Host portal under Business Address/Tax Information.
