I am planning to start an online business. I expect my turnover to be above £70000. So I would need to be registered for VAT. Lets say I will put a price of £20 inclusive of VAT. There would be some customers from outside EU as well. I understand I should not be charging VAT from them. So would that mean , I charge £17 +VAT=£20 from UK customers and pay VAT portion to the Revenue. However for outside EU customers I can charge £20 and wont pay any VAT on that. Please could anyone suggest if this is the right way of dealing with this.