Value Added Tax refund Value Added Tax (VAT) may be refunded to person’s residing abroad on goods that they have purchased in this country. The condition of a tax refund is that the buyer of the goods is a permanent resident of a country other than Iceland. In order to obtain a refund, all of the following conditions must be met: The buyer will bring the goods out of the country within three months of the purchase.
The articles along with required documents are produced at departure. VAT may be refunded of goods on the same receipt if their total value is ISK 4,000 or more including VAT, even though one or more items does not reach the required minimum value. The National Bank of Iceland in Leifur Eiriksson Terminal is responsible for refunding VAT. The bank is located on the second floor after passing through weapons control in Customs.
The purchase price of the goods with VAT is a minimum of ISK 4,000.
“The Most Innovated Shop Of The Year 2013”
Ófeigur is a unique store were you will find womens clothes desinged and made by Hildur Bolladóttir master dressmaker. For a special fit Hildur will be attending you her self. Furthermore you will find jewellery, bags and hats by selected artist.
Ófeigur, Skólavörðustíg 5, 101 Reykjavík shop@ofeigur.is Tel. (354) 551 1161 Visit our online shop www.ofeigur.is