On Mon, 10 Sep 2007 11:26:17 +0100, cgdennis@??? said:
> Those of you who ever by stuff online from Dabs may be interested in
> this recent news
The other aspect that changed silently very recently is of interest to
VAT-registered companies. They used to make a "credit card charge" of 2.5%,
although they would discount the order by the same amount. Net result if
you are a consumer or non-VAT registered business is zero. However,
because credit card charges do not attract VAT, the 2.5% went entirely to
Dabs rather than (17.5% of 2.5%) going to the VAT man, and thus
reclaimable by VAT registered businesses. Mounts up if you place
significant orders.
I'm aware of other companies being investigated by HMR&C for this kind of
thing, although I don't know if Dabs were. However, they stopped doing
this a couple of months ago.
Keith
--
Keith Edmunds
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