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Rather unfair terms and conditions from my perspective.
I totally agree that a review of Parity's contract is necessary.
So get it done. Or don't and don't sign it.
But if they continue to mess me around with VAT, I'll hardly wish to sign it off.
Without knowing the full details (and there are obviously some deeper issues here with both the contract and the VAT), it's impossible to give any more meaningful advice.
I can't even think about how you might be being messed about with VAT - I always thought is was an automatic, straightforward thing...

