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hire charges are plus VAT

English translation: VAT must be added


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08:34 Mar 3, 2009
English to English translations [Non-PRO]
Tech/Engineering - Transport / Transportation / Shipping
English term or phrase: hire charges are plus VAT
Contract
General Conditions for the Hire of Railway Tank Cars

XX Company hires to ZZ Company the following 8 four-axled tank wagons for chemical products, which are duly registered in Germany and approved for international traffic.

Wagon no:
Type:
Capacity:
Approval TC:
Technical data:
UIP/VCI degree of cleaning:
date of dispatch:
charging as from
hire charges EUR/day: 32,00

Hire charges: The above mentioned charges are plus German V.A.T.

Do these charges include VAT or do we have to add VAT to the above mentioned charges?
aniaf
English translation:VAT must be added
Explanation:
This is how leasing company prices are most commonly quoted, and it means that VAT/sales tax/turnover tax - call it anything you like - are additional, according to the level of the country in which the customer is based.
Selected response from:

David Moore
Local time: 05:25
Grading comment
Thank you
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +6VAT must be addedDavid Moore
5 +1we have to add VAT to the above chargeszax
4 +1VAT has to be added to the chargesEdithK


  

Answers


3 mins   confidence: Answerer confidence 5/5 peer agreement (net): +6
hire charges are plus vat
VAT must be added


Explanation:
This is how leasing company prices are most commonly quoted, and it means that VAT/sales tax/turnover tax - call it anything you like - are additional, according to the level of the country in which the customer is based.

David Moore
Local time: 05:25
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12
Grading comment
Thank you

Peer comments on this answer (and responses from the answerer)
agree  Soledad Caño
2 mins
  -> Thank you

agree  Jack Doughty
2 mins
  -> Thanks, Jack

agree  EdithK: split seconds faster
14 mins
  -> Thanks E...**it happens!

agree  kmtext
30 mins

agree  Tony M
2 hrs

agree  airmailrpl: -
2 hrs
Login to enter a peer comment (or grade)

3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
hire charges are plus vat
VAT has to be added to the charges


Explanation:
FYI: German VAT is 19%

EdithK
Local time: 05:25
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  airmailrpl: -
2 hrs
Login to enter a peer comment (or grade)

4 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
hire charges are plus vat
we have to add VAT to the above charges


Explanation:
*

zax
Local time: 23:25
Works in field
Native speaker of: Native in ArabicArabic, Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
agree  airmailrpl: -
2 hrs
  -> Thanks, airmailrpl
Login to enter a peer comment (or grade)




Voters for reclassification
as
PRO / non-PRO
Non-PRO (3): David Moore, Sheila Wilson, EdithK


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Changes made by editors
Mar 3, 2009 - Changes made by EdithK:
LevelPRO => Non-PRO


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