LEGAL DEPARTMENT
VERCATOR REFERENCE MATERIAL
VAT, TARIFF & WEBSTORE
CHARGING FOR VAT / SALES TAX
For transactions not processed through the webstore, VAT / Sales Tax will be applied in accordance with schedule 4A VAT 94, para 16(2)(d), formerly schedule 5 of the VAT Act 1994.
| VAT AREA | DESCRIPTION |
|---|---|
| UK Business Customers | Standard Rate VAT (20% currently) |
| EU Business Customers | This is outside the scope of UK VAT and the customer must account for VAT on this invoice under the reverse charge mechanism |
| Non-UK and EU Business Customers | Currently no VAT is charged but may change and we may be subject to local VAT regime, please make an enquiry for further details on VAT |
| UK Academic Institutions | Zero VAT but need to be registerd as an academic institution |
| EU Academic Institutions | This is outside the scope of UK VAT and the customer must account for VAT on this invoice under the reverse charge mechanism |
| Non-UK and EU Academic Institutions | No VAT, outside scope of UK VAT |
No EULA required. To read more view our article here.
Legacy Charging Information (Pre-June 2023)
VERCATOR WEBSTORE
Payments through the VERCATOR webstore, here, are handled via our merchant of record, Paddle.
Prices exclude VAT / Sales Tax or other government charges added at checkout, this is handled by Paddle and will be calculated based on your geographical location.
Checkout can be in either US dollars, Pounds sterling or Euros via card payment or Paypal.
If you would prefer to pay by purchase order please contact us here.
ADDITIONAL TERMS FOR AUTO-REPLENISHMENT
Subscribers commit to receiving tokens for a 12-month period. Initial payment is taken at point of enrolment, followed by quarterly payments. For subsequent payments, a pre-billing notification will be issued 2 days prior to payment being taken (purchases in currencies other than US$ being calculated at the exchange rate prevailing at the date of purchase).
Tokens will only be delivered to the nominated account upon completion of a successful transaction. If a payment fails it will be retried on day 3, 6 and 9. After a 4th payment failure your subscription will be placed ‘on hold’. No further tokens will be issued until the payment card has been updated through our payment gateway to one where funds can be accessed. Once a ‘on hold’ account has been brought up to date, the remainder of the subscription term will run as originally scheduled.
Subscribers can freely increase the quantity of tokens they wish to receive at any point in the 12-month contract. They may NOT however decrease their quarterly token allocation.
Subscribers can continue to top-up their account at any point with ‘Pay As You Go’ tokens, purchased through our webstore here.