Thread: Reducing VAT on e-boooks, to match printed books rates
View Single Post
Old 05-01-2020, 12:09 PM   #49
ZodWallop
Gentleman and scholar
ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.
 
ZodWallop's Avatar
 
Posts: 10,989
Karma: 108312789
Join Date: Jun 2015
Location: Space City, Texas
Device: Clara HD; Nook ST w/Glowlight, (2015) Glowlight Plus, Paperwhite 3
Quote:
Originally Posted by JSWolf View Post
But in the UK, the price includes VAT if VAT is to be collected. So as of today, the price should be lower. A £7.99 eBook yesterday should now cost £6.66. But it doesn't because the retailers are cheating customers. The point of doing away with VAT on digital media is to lower the price. This is done so digital media is more affordable because of the the virus.

So what's happening now is the retailers are cheating the customers.
Another way of looking at it is the publishers have been absorbing the cost of VAT until this point. So reducing it to zero benefits the publisher, but not you.
ZodWallop is offline   Reply With Quote