When paying for your Gifty credit, you will be issued with a corresponding Invoice. Gifty is VAT exempt and VAT will not be applied to the opening Gifty purchase transaction. At the end of your Selection Window, you may be due a credit rebate on unengaged Gifty sends. In this instance and as per the Gifty model, a 15% fee will be applied to any such rebate. VAT will be applied at the standard rate on the rebate only.
Example
A VAT invoice will be issued to your business in relation to any credit rebates that occur in connection with your account.
Selection Window - The Gifty model provides Gifty Corporate Customers with the ability to tailor the duration of a Gifty promotion (“the Selection Window”). As standard, the Selection Window is set at 3 months however Gifty Business Clients reserve the right to adjust this.
Gifty credit must be paid fully in advance before associated Gifty Links from an order can be issued.