Originally Posted by quilter on the eastern edge
With the VAT system, the price tag on the metre of fabric would be $16.95 and that is what you would pay at the register.
Several websites I use quote prices ex-VAT, as they also sell to people who create finished items (like Irish dance dresses) for sale and VAT is only added at the stage where you're selling to the consumer. So in theory if I set up as a quilting business, I could buy at ex-VAT prices but would then add 21% to my finished quilt price which includes the cost of the fabric. It's obviously not that simple in reality, or we'd all be professional quiltmakers LOL!