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Why do I need to update my prices if I change my VAT pricing preference?

If you decide to keep your patterns priced excluding VAT, you do not need to do anything. However, if you decide to move to price your patterns including VAT, you will need to tell us what you want your VAT inclusive price to be for your pattern. If your patterns are already sold through LoveKnitting or LoveCrochet and you choose to move from exclusive to inclusive VAT pricing, we will add 20% to your existing base prices. However, you will have the opportunity to manually adjust these VAT inclusive prices.

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