VAT & US Sales Tax
VAT
Do you charge VAT?
Yes. GAIN IQ is a UK-registered business and applies VAT in accordance with UK and EU regulations. Whether VAT is charged depends on your location and business registration status.
How is VAT calculated?
|
Customer type |
VAT treatment |
|
UK businesses and consumers |
20% UK VAT applies |
|
EU VAT-registered businesses |
Reverse charge applies - 0% charged by us |
|
EU consumers (non-business) |
Local EU VAT rate applies |
|
Outside UK and EU |
VAT typically not charged |
US Sales Tax
Do you charge US sales tax?
For customers located in the United States, GAIN IQ may charge state and local sales tax on subscription fees where our SaaS services are treated as taxable and where we have sales tax nexus (obligation to collect) under that state’s rules.
Do all US states tax GAIN IQ subscriptions?
No. Some states tax SaaS subscriptions, some exempt them, others tax only certain use cases (for example, B2C but not B2B), or thresholds.
Whether tax appears on your invoice depends on the taxability of SaaS in your state and whether we have registered for sales tax there.
How is US sales tax calculated?
Where applicable, US sales tax is calculated based on your billing address and the rules of your state and local jurisdiction, including whether SaaS or digital services are taxable there. Stripe Tax automatically calculates the correct combined rate (state and local) at checkout or on your invoice.