Quote:
Originally Posted by HarryT
It has little to do with our government. VAT rules are set by the EU, not national governments.
Our 20% VAT rate is in the mid-range. Some are lower, some are higher, but 20% is typical.
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From my limited understanding the local governments have to agree to that EU stuff. It isn't like they just get to willy nilly slam in on all of them. 20 percent tax on anything is very high.
And yes, it really does affect us authors. Not only is it one more thing we have to keep track of at various retailers (how to price our books--I have to price with vat at Amazon, but without it at Kobo, but with it at Smashwords, etc) it's also a deterrent to buying books and that is NEVER good!