I am currently in the process of setting up my new boutique's digital checkout system, and I need to select the correct tax bracket for luxury accessories and high-end watches.
I want to ensure that I am following the exact same rules as other established high-end retailers in the region to keep my brand looking credible and professional. Ive heard that most retail items fall under a generic category, while essentials might have a break.
Since jewelry is definitely a luxury, Im assuming its the full amount. Can anyone confirm the exact standard VAT rate Ukraine?