Amazon UK Customers get tax break on ebooks

Fbone · 12-23-2011, 06:10 PM

In case you haven't heard, Luxembourg will reduce the VAT on ebooks from 15% to 3% on January 1st 2012. This means those UK Kindle book shoppers should see lower prices in January. You may want to wait until then before making your purchases.

http://www.ft.com/intl/cms/s/0/8790c...44feabdc0.html

http://www.thebookseller.com/news/lu...le-prices.html

Of course, this will hurt WHSmith/Kobo as they have to add full 20%.

This may change in 2015 as tax levied will switch to country of customer and not retailer.

carpetmojo · 12-23-2011, 06:35 PM

Nice one - hard to believe, really !

But does that (shock horror) mean that Amazon is a tax avoiding business ? Surely they've been helping us out by helping us by paying a lot of tax, they're known as a philanthropic organisation....................

12-23-2011, 06:10 PM	#1
Fbone Is that a sandwich? Posts: 8,322 Karma: 103930826 Join Date: Jun 2010 Device: Nook Glowlight Plus	Amazon UK Customers get tax break on ebooks In case you haven't heard, Luxembourg will reduce the VAT on ebooks from 15% to 3% on January 1st 2012. This means those UK Kindle book shoppers should see lower prices in January. You may want to wait until then before making your purchases. http://www.ft.com/intl/cms/s/0/8790c...44feabdc0.html http://www.thebookseller.com/news/lu...le-prices.html Of course, this will hurt WHSmith/Kobo as they have to add full 20%. This may change in 2015 as tax levied will switch to country of customer and not retailer.

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12-23-2011, 06:35 PM	#2
carpetmojo Wizard Posts: 3,117 Karma: 9269999 Join Date: Feb 2011 Location: UK Device: Sony- T3, PRS650, 350, T1/2/3, Paperwhite, Fire 8.9,Samsung Tab S 10.5	Nice one - hard to believe, really ! But does that (shock horror) mean that Amazon is a tax avoiding business ? Surely they've been helping us out by helping us by paying a lot of tax, they're known as a philanthropic organisation....................

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