Dear Sir/Madam,
I sell greeting cards and would also like to sell my cards to shops. Most owners will be subject to VAT. How should I go about this? For example, if I set a sale price of €3.50 per card and the points of sale are allowed to make purchases at half price (for €1.75 excluding vAT per card). Do they then have to calculate 21% vAT on that €3.50? If so, the sales outlets will incur a considerable loss and it may be less attractive for them to buy from me. I can’t quite figure it out…
Kind regards, Iris