SALES TAX POLICY

 

VAT Registration:
Container World Ltd is registered for VAT in the United Kingdom and operates under the guidelines set forth by HM Revenue & Customs (HMRC).

VAT Rates:
Container World Ltd adheres to the standard VAT rates as determined by HMRC for the sale of shipping containers. As of the current date, the standard rate of VAT in the UK is 20%.

VAT Applicability:
VAT is applicable to all sales of shipping containers made by Container World Ltd, unless specifically exempted or zero-rated by HMRC regulations. This includes both new and used shipping containers.

VAT Inclusive Pricing:
Prices listed by Container World Ltd for shipping containers are inclusive of VAT at the applicable rate. Customers will be provided with a clear breakdown of the VAT amount included in the total price.

VAT Invoices:
Upon completion of a sale, Container World Ltd issues VAT invoices to its customers. These invoices include all necessary information required by HMRC, including the VAT registration number, the amount of VAT charged, and any other relevant details.

VAT Returns:
Container World Ltd submits VAT returns to HMRC in accordance with the prescribed schedule. These returns accurately reflect the VAT collected on sales of shipping containers, as well as any VAT paid on eligible business expenses.

VAT Records:
Container World Ltd maintains accurate and up-to-date records of all VAT transactions, including sales invoices, purchase invoices, and VAT returns. These records are kept in compliance with HMRC requirements and are available for inspection upon request.

VAT Exemptions and Zero-Rating:
Container World Ltd recognizes that certain sales of shipping containers may be eligible for VAT exemptions or zero-rating under HMRC regulations. Where applicable, Whale Containers will apply these exemptions or zero-rating provisions in accordance with the law.

VAT Compliance:
Container World Ltd is committed to maintaining strict compliance with all VAT regulations and requirements set forth by HMRC. The company regularly reviews its VAT policies and procedures to ensure ongoing compliance with any changes in legislation.

Customer Queries:
Container World Ltd provides clear and accurate information to customers regarding VAT charges, exemptions, and any other related queries. Customers are encouraged to contact Container World Ltd directly for assistance or clarification on VAT matters.

Policy Review:
This VAT policy is subject to periodic review and may be updated as necessary to reflect changes in VAT legislation or Whale Containers’ business practices. Any updates to the policy will be communicated to relevant stakeholders in a timely manner.

By adhering to this VAT policy, Container World Ltd aims to ensure transparency, compliance, and fairness in its dealings with customers and regulatory authorities regarding VAT matters.

  1. Sales Tax Collection:

As a company, Container World Ltd is required to collect sales tax on eligible purchases in accordance with state and local tax laws. The specific sales tax rate applied to your order will depend on the shipping address or the destination where the product is delivered. The sales tax amount will be calculated during the checkout process and clearly displayed in your order summary before you confirm your purchase.

  1. Nexus and Tax Jurisdictions:

Container World Ltd Service operates within the legal framework established by the tax laws of the jurisdictions where we have a sufficient presence, known as a “nexus.” This presence may be determined by various factors, including but not limited to the location of our physical facilities, employees, or economic activity thresholds set by the respective taxing authorities.

  1. Exemptions:

Certain products or customers may be eligible for sales tax exemptions based on applicable state or local laws. If you believe you qualify for a sales tax exemption, please contact us before placing your order to provide the necessary documentation for verification. If your exemption is valid, we will process your order without collecting sales tax on the eligible items.

  1. Sales Tax Remittance:

As required by law, Container World Ltd Service will collect sales tax from customers and remit the appropriate amounts to the respective tax authorities. The frequency of sales tax remittance may vary depending on state and local regulations.

  1. International Sales:

For international orders, Container World Ltd Service complies with the relevant tax laws and regulations of the country to which the products are shipped. International customers are responsible for any customs duties, taxes, or import fees imposed by their country’s customs department.

  1. Changes to Sales Tax Policy:

Container World Ltd Service reserves the right to update or modify this Sales Tax Policy as necessary to comply with changes in tax laws, regulations, or other business-related reasons. Any changes to the policy will be effective immediately and posted on our website.

  1. Contact Us:

If you have any questions or concerns regarding our Sales Tax Policy or sales tax collection practices, please feel free to contact us at:

Whale Containers Service Email: contact@containerworldltd.uk

Container World Ltd

Company Registration Number : SC353530 

Phone: +44 7803 464935

Email: sales@containerworldltd.uk

Address: Whitburn Rd, Bathgate EH48 2HR, United Kingdom

By making a purchase with Whale Containers Service, you acknowledge that you have read and understood this Sales Tax Policy and agree to its terms.