Thread: Reducing VAT on e-boooks, to match printed books rates
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Old 03-11-2020, 07:50 PM   #24
jhowell
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Quote:
Originally Posted by JSWolf View Post
VAT in the UK is 20%. So ho will the price of eBooks drop only 16.667%?
Math.

If a book costs £12 now and you take away the 20% VAT it then costs £10. The difference of £2 is 16.67% of £12.
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