Pro Tools renewal question - "taxes"
Hi,
Based in England and I've just renewed my Pro Tools upgrade plan.
On the order form there's a rather vague entry called "taxes". What is this? If it's VAT, shouldn't it say VAT?
But it can't be VAT because it doesn't amount to 20% e.g., the subtotal is £79, "taxes" is £15.01, the total is £94.01. That's 19%?
If it were VAT shouldn't it be 79 * 1.2 = £94.80
Am I missing something here? Is there a different rate of VAT you're applying? If so what it is it? And shouldn't you actually specify it on the invoice?
I'm VAT-registerered but on the flat rate scheme, so I can't reclaim it anyway. But it'd be good to know what exactly it is you're charging.
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