Comments on: VAT Cut Implications for Ecommerce Sites in the UK http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/ Digital and SEO Agency Wed, 22 May 2013 15:45:00 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: seo proficiency hyderabad http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/comment-page-1/#comment-19325 seo proficiency hyderabad Fri, 03 Feb 2012 05:35:52 +0000 http://www.blogstorm.co.uk/?p=1568#comment-19325 Value added tax - Wikipedia, the free encyclopedia en.wikipedia.org/wiki/Value_added_taxA value added tax or value-added tax (VAT) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price. thanq for shearing clearly the concept Value added tax – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Value_added_taxA value added tax or value-added tax (VAT) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price. thanq for shearing clearly the concept

]]> By: PHP Developer India http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/comment-page-1/#comment-19324 PHP Developer India Thu, 16 Dec 2010 12:40:45 +0000 http://www.blogstorm.co.uk/?p=1568#comment-19324 The rise in the percentage of VAT in e commerce business is continuously disturbing the scope of business to a certain extent. The rise is VAT percent will result in certain changes, which will effect directly or indirectly to everyone. The rise in the percentage of VAT in e commerce business is continuously disturbing the scope of business to a certain extent. The rise is VAT percent will result in certain changes, which will effect directly or indirectly to everyone.

]]> By: Education Tay http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/comment-page-1/#comment-19323 Education Tay Mon, 19 Jul 2010 16:43:00 +0000 http://www.blogstorm.co.uk/?p=1568#comment-19323 A cut in Vat for any period of time is of course good. Business that uses and charges a fair amount of Vat has received the benefit of additional income and increased sales during the two year Vat reducation period. There has been complications for many UK websites, although there has also been benefits. Role on 20% Vat in Jan 2011. A cut in Vat for any period of time is of course good. Business that uses and charges a fair amount of Vat has received the benefit of additional income and increased sales during the two year Vat reducation period. There has been complications for many UK websites, although there has also been benefits. Role on 20% Vat in Jan 2011.

]]> By: Mike http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/comment-page-1/#comment-19322 Mike Wed, 17 Dec 2008 20:54:12 +0000 http://www.blogstorm.co.uk/?p=1568#comment-19322 It really shouldn't be a big deal for e-commerce sites to update their item prices. Hard-coding a tax rate is a silly idea in the first place...let's hope not many of them adopted this approach! Banner images on the other hand will be time consuming. If the VAT is going to fluctuate further in the future then businesses would be better off just advertising their product banners to say "£xx.xx + VAT", like they do in the U.S. However, the U.S. does have a different tax rate in each State, making it more worthwhile. It really shouldn’t be a big deal for e-commerce sites to update their item prices. Hard-coding a tax rate is a silly idea in the first place…let’s hope not many of them adopted this approach! Banner images on the other hand will be time consuming.

If the VAT is going to fluctuate further in the future then businesses would be better off just advertising their product banners to say “£xx.xx + VAT”, like they do in the U.S. However, the U.S. does have a different tax rate in each State, making it more worthwhile.

]]> By: Alex http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/comment-page-1/#comment-19321 Alex Mon, 08 Dec 2008 16:11:26 +0000 http://www.blogstorm.co.uk/?p=1568#comment-19321 Hi, I think some people are having a fundamental misunderstanding here. You don't save £2.50 for every £100 spent, you save £2.50 for every £117.50 spent. It is a important difference as you cannot simply get the change implicated by reducing your prices by 2.5% - if you do that, you will be eating into your margin unecessarily. Hi,

I think some people are having a fundamental misunderstanding here. You don’t save £2.50 for every £100 spent, you save £2.50 for every £117.50 spent.

It is a important difference as you cannot simply get the change implicated by reducing your prices by 2.5% – if you do that, you will be eating into your margin unecessarily.

]]> By: Tom http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/comment-page-1/#comment-19320 Tom Tue, 02 Dec 2008 17:59:50 +0000 http://www.blogstorm.co.uk/?p=1568#comment-19320 I changed the VAT rate on my website in about 2 minutes (and it didn't cost me anything to do) . If your site is designed so badly it can't change easily to things like this I suggest you get a better web designer. I designed my site myself so I guess other people aren't as fortunate. I agree the small change will probably make little difference to the econony. But Ecommerce is one industry that really should be flexible in situations like this. I can understand Bricks and Mortar businesses having trouble. I can't be bothered sorting out someone elses messy designs, but if you want a site that can move with the times without charging you extortionate rates, come see me! (not spell checked) Tom I changed the VAT rate on my website in about 2 minutes (and it didn’t cost me anything to do) . If your site is designed so badly it can’t change easily to things like this I suggest you get a better web designer. I designed my site myself so I guess other people aren’t as fortunate.

I agree the small change will probably make little difference to the econony. But Ecommerce is one industry that really should be flexible in situations like this. I can understand Bricks and Mortar businesses having trouble.

I can’t be bothered sorting out someone elses messy designs, but if you want a site that can move with the times without charging you extortionate rates, come see me!
(not spell checked)

Tom

]]> By: VAT reduction will it cost more that it saves :: Blue Square http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/comment-page-1/#comment-19319 VAT reduction will it cost more that it saves :: Blue Square Thu, 27 Nov 2008 14:44:56 +0000 http://www.blogstorm.co.uk/?p=1568#comment-19319 [...] Original article from Blogstorm [...] [...] Original article from Blogstorm [...]

]]> By: How will the VAT cut affect e-commerce? http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/comment-page-1/#comment-19318 How will the VAT cut affect e-commerce? Wed, 26 Nov 2008 18:14:01 +0000 http://www.blogstorm.co.uk/?p=1568#comment-19318 [...] intention is to stimulate consumer spending to help businesses but, as Patrick at Blogstorm points out, this could turn out to be a major problem for some online [...] [...] intention is to stimulate consumer spending to help businesses but, as Patrick at Blogstorm points out, this could turn out to be a major problem for some online [...]

]]> By: Hizza http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/comment-page-1/#comment-19317 Hizza Wed, 26 Nov 2008 04:00:37 +0000 http://www.blogstorm.co.uk/?p=1568#comment-19317 This VAT reduction is a nightmare for us in the e-commerce industry. We are already seeing a huge pick up from clients looking to upgrade their existing websites. The strain that's going to be put on the nightmare of implementing this outweighs any realy benefit. <a href="http://www.expertsfromindia.com" title="Solutions to software problems with VAT change to 15%" rel="nofollow">Solutions to the VAT reduction</a>. This VAT reduction is a nightmare for us in the e-commerce industry. We are already seeing a huge pick up from clients looking to upgrade their existing websites. The strain that’s going to be put on the nightmare of implementing this outweighs any realy benefit. Solutions to the VAT reduction.

]]> By: Marcus0019 http://www.branded3.com/blogs/vat-cut-implications-for-ecommerce-sites-in-the-uk/comment-page-1/#comment-19316 Marcus0019 Tue, 25 Nov 2008 20:16:29 +0000 http://www.blogstorm.co.uk/?p=1568#comment-19316 It's all just a great big smokescreen. Any potential benefit to the consumer will be far outweighed by the costs of implementing this 2.5% shaving off the rate of VAT. The knock effect of having to adjust all my regular incoming and outgoing invoices for 13 months before reverting to 17.5% is both unwelcome and ineffective. This will in practical terms cost me (a small business) far more in admin than any possble saving - utter waste of time. Poorly thought through peice. I for one will be increasing my net pricing so that total 'retail' values are not affected. Is that what yu wanted mr Chancellor? It’s all just a great big smokescreen.
Any potential benefit to the consumer will be far outweighed by the costs of implementing this 2.5% shaving off the rate of VAT.
The knock effect of having to adjust all my regular incoming and outgoing invoices for 13 months before reverting to 17.5% is both unwelcome and ineffective.
This will in practical terms cost me (a small business) far more in admin than any possble saving – utter waste of time.
Poorly thought through peice.
I for one will be increasing my net pricing so that total ‘retail’ values are not affected.
Is that what yu wanted mr Chancellor?

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