VAT reg number required.

Matrix Games Forums

Forums Register Login Photo Gallery Member List Search Calendars FAQ

My Profile Inbox Address Book My Subscription My Forums Log Out

VAT reg number required.

View related threads: (in this forum | in all forums)

Logged in as: Guest

Users viewing this topic: none

Printable Version

All Forums >> [General] >> General Discussion >> VAT reg number required.

Page: [1]

Message

<< Older Topic Newer Topic >>

VAT reg number required. - 7/3/2005 2:49:56 AM

wodin

Posts: 10762
Joined: 4/20/2003
From: England
Status: offline

Obviously Matrix must be registered for VAT in the UK to charge it.

So I may need a receipt to refund VAT as I may say its a work purchase

When I order is the VAT reg number on the order reciept. I cant remember. If it isnt may I have your VAT reg number please.

Thanks

_____________________________

My website

https://www.awargamersneedfulthings.co.uk/

Post #: 1

RE: VAT reg number required. - 7/3/2005 3:36:37 AM

Hertston

Posts: 3564
Joined: 8/17/2002
From: Cornwall, UK
Status: offline

Its probably Digital River rather than Matrix who are VAT registered? I think the whole point of their service is expertise in e-commerce including assorted daft taxes like VAT so their clients don't have to worry about them. They don't have to be registered in the UK necessarily, one registration in any European country will do (as rates differ you will begin to see why its such a nightmare !)

Its not on the confirmation e-mails they send, and you would need a full VAT invoice (not just the number) to claim "by the book". I'm not too sure why you are worried, if it was audited by HMC&E it would be disallowed anyway (although its hardly a material amount) unless your job can somehow justify the whole, necessary, and exclusive purchase of computer games.

< Message edited by Hertston -- 7/3/2005 3:40:25 AM >

(in reply to wodin)

Post #: 2

RE: VAT reg number required. - 7/3/2005 4:02:17 AM

wodin

Posts: 10762
Joined: 4/20/2003
From: England
Status: offline

So Digital River are the ones who claim the tax back.

Shame Matrix didnt just stick to boxed copies simialr to HPS. That must be why Naval is so much cheaper. No VAT to pay.

I used to work for HM C&E. About 5 years ago. Didnt know there was a european VAT register. The tax up pay in the UK will goto to HMC&E. Then Digital River can claim it all back. Digital RIver must have one good accountant.

True claiming back would be tricky. However not if you just say it was software for business computer.

_____________________________

My website

https://www.awargamersneedfulthings.co.uk/

(in reply to Hertston)

Post #: 3

RE: VAT reg number required. - 7/3/2005 5:16:59 AM

Hertston

Posts: 3564
Joined: 8/17/2002
From: Cornwall, UK
Status: offline

You've lost me - what would Digital River (or whoever) claim back? All they are doing is collecting tax on behalf of the EU (or government of whichever country they are registered in, to be precise). We pay it to them, then they pay it over. For them its a pain in the backside, but the only financial effect is in additional administration costs.

As to box copies, they are subject to VAT too, at least in theory. It all depends on whether they get picked up on entry into the UK; anything carried by courier (as opposed to USPS) is invariably followed by a VAT bill (couriers are caught under different regulations - NEVER get US software delivered by courier). USPS is usually OK now. I had to pay VAT at the Post Office a couple of times for stuff direct from HPS, but that was fairly soon after 9/11 and it seemed everything was being inspected. NWS (bless `em) wisely don't declare to the world that the package contains a commercially supplied computer game, so that probably helps it slip through, too.

< Message edited by Hertston -- 7/3/2005 5:27:36 AM >

(in reply to wodin)

Post #: 4

RE: VAT reg number required. - 7/3/2005 3:13:16 PM

wodin

Posts: 10762
Joined: 4/20/2003
From: England
Status: offline

Ok here in the UK a shop claims back all VAT they pay on there goods i.e a game then they sell it with VAT on top which goes to the Government. The only ones who pay VAT on goods in the end is Joe Public the buyer. Digital River dont pay VAT twice.

_____________________________

My website

https://www.awargamersneedfulthings.co.uk/

(in reply to Hertston)

Post #: 5

RE: VAT reg number required. - 7/3/2005 4:16:07 PM

Hertston

Posts: 3564
Joined: 8/17/2002
From: Cornwall, UK
Status: offline

We aren't talking that scenario, though. A UK distributor would buy stock from the publisher, and have to pay VAT. As you say, at the end of the VAT period they deduct all VAT they have paid from that collected from their "end-user" customers, and pay over only the difference to the Treasury.

BUT a US distributor doesn't do that. They may buy stock, but because that stock comes from US companies they do not pay VAT on it, and hence have nothing to reclaim. The situation with DR is slightly different as they are really acting just as agents for Matrix, but the same principle applies. You are quite correct in saying that only the final customer pays in the end, but in this instance DR never pay at all, let alone twice. They just collect the VAT paid by the end-user and hand it over.

(in reply to wodin)

Post #: 6

RE: VAT reg number required. - 7/3/2005 7:43:35 PM

ravinhood

Posts: 3891
Joined: 10/23/2003
Status: offline

That's really sad you blokes overseas have to pay a tax at all. Here in the states, if we order anything outside of our state, we pay no taxes whatsoever. It's one of the reasons I like to order from out of state. I don't understand it either really, why we have to pay a state and local tax at our local retail stores, yet, ordering out of state even before the internet one never had to pay a tax.

One thing new I've read though, The IRS is starting to look at ebay pretty close and wanting taxes from that company on most all of the "regular business" sales on it now. Don't know how that's panning out, but, recently Ebay went up on their ad fees to .35 cents and upped their percentage take from 5% to 8%. I'm now using Amazon.com instead, heh, the IRS hasn't hit them yet. ;)

(in reply to Hertston)

Post #: 7

RE: VAT reg number required. - 7/3/2005 8:47:15 PM

Hertston

Posts: 3564
Joined: 8/17/2002
From: Cornwall, UK
Status: offline

quote:

ORIGINAL: ravinhood

That's really sad you blokes overseas have to pay a tax at all. Here in the states, if we order anything outside of our state, we pay no taxes whatsoever.

(Shrugs shoulders) tax is tax, if the money wasn't raised by purchase taxes it would be raised on income tax instead.

(in reply to ravinhood)

Post #: 8

RE: VAT reg number required. - 7/5/2005 4:43:47 PM

MadScot

Posts: 135
Joined: 4/24/2004
Status: offline

quote:

ORIGINAL: ravinhood

That's really sad you blokes overseas have to pay a tax at all. Here in the states, if we order anything outside of our state, we pay no taxes whatsoever. It's one of the reasons I like to order from out of state. I don't understand it either really, why we have to pay a state and local tax at our local retail stores, yet, ordering out of state even before the internet one never had to pay a tax.

The times they might be a-changing - there's an item in today's NYTimes on the topic...

link

quote:

A 1992 Supreme Court decision has exempted Internet retailers from the obligation to collect most sales taxes on the grounds that it would be unduly burdensome. Back then, the country's thousands of state and local taxing jurisdictions all had differing rules.

But times have changed, and the law of the land should, too. Last week, 18 state tax collectors met in Chicago to announce an interstate agreement establishing uniform sales tax rules. Starting in October, the group will offer free software that will allow any business to easily collect the required taxes online.

The states' demonstration project will drive home the point that online sales-tax collection can be done nationwide. Many retailers already collect the taxes. Now Congress should step up and pass a law overturning the court's exemption in states that have streamlined their tax systems. That would allow hard-pressed states to take in roughly $20 billion a year in annual sales tax revenue that is rightfully theirs, and perhaps much more, depending on the growth in online shopping. It would also help level the playing field between local and online retailers.

(in reply to ravinhood)

Post #: 9

RE: VAT reg number required. - 7/5/2005 5:42:11 PM

Reiryc

Posts: 4991
Joined: 1/5/2001
Status: offline

quote:

ORIGINAL: MadScot

quote:

ORIGINAL: ravinhood

That's really sad you blokes overseas have to pay a tax at all. Here in the states, if we order anything outside of our state, we pay no taxes whatsoever. It's one of the reasons I like to order from out of state. I don't understand it either really, why we have to pay a state and local tax at our local retail stores, yet, ordering out of state even before the internet one never had to pay a tax.

The times they might be a-changing - there's an item in today's NYTimes on the topic...

link

quote:

A 1992 Supreme Court decision has exempted Internet retailers from the obligation to collect most sales taxes on the grounds that it would be unduly burdensome. Back then, the country's thousands of state and local taxing jurisdictions all had differing rules.

But times have changed, and the law of the land should, too. Last week, 18 state tax collectors met in Chicago to announce an interstate agreement establishing uniform sales tax rules. Starting in October, the group will offer free software that will allow any business to easily collect the required taxes online.

The states' demonstration project will drive home the point that online sales-tax collection can be done nationwide. Many retailers already collect the taxes. Now Congress should step up and pass a law overturning the court's exemption in states that have streamlined their tax systems. That would allow hard-pressed states to take in roughly $20 billion a year in annual sales tax revenue that is rightfully theirs, and perhaps much more, depending on the growth in online shopping. It would also help level the playing field between local and online retailers.

Sad... How even more frustrating that someone would write, "...$20 billion a year in annual sales tax revenue that is rightfully theirs..." Like your money doesn't rightfully belong to you...

I think it's time for another revolt over burdensome taxation!

"We still find the greedy hand of government thrusting itself into every corner and crevice of industry, and grasping at the spoil of the multitude. Invention is continually exercised to furnish new pretenses for revenue and taxation. It watches prosperity as its prey and permits none to escape without a tribute."-- Thomas Paine

_____________________________

(in reply to MadScot)

Post #: 10

RE: VAT reg number required. - 7/9/2005 10:15:50 AM

Cmdrcain

Posts: 1161
Joined: 8/21/2000
From: Rebuilding FLA, Busy Repairing!
Status: offline

quote:

ORIGINAL: ravinhood

That's really sad you blokes overseas have to pay a tax at all. Here in the states, if we order anything outside of our state, we pay no taxes whatsoever. It's one of the reasons I like to order from out of state. I don't understand it either really, why we have to pay a state and local tax at our local retail stores, yet, ordering out of state even before the internet one never had to pay a tax.

One thing new I've read though, The IRS is starting to look at ebay pretty close and wanting taxes from that company on most all of the "regular business" sales on it now. Don't know how that's panning out, but, recently Ebay went up on their ad fees to .35 cents and upped their percentage take from 5% to 8%. I'm now using Amazon.com instead, heh, the IRS hasn't hit them yet. ;)

To correct you, you DO pay sales tax if the seller has a Presence in your state, like since Gateway a time back opened some outlets in Fla, their online boughtcomputers would have Fla sales tax collected, theres others that may require sales tax collected if have a presence..

Theres moves too to make online sales taxable

As states dislike seeing
no taxes... so don't be so sure that we will have the luxury of some things
not taxed..

_____________________________

Noise? What Noise? It's sooooo quiet and Peaceful!

Battlestar Pegasus

(in reply to ravinhood)

Post #: 11

RE: VAT reg number required. - 7/9/2005 10:23:06 AM

Cmdrcain

Posts: 1161
Joined: 8/21/2000
From: Rebuilding FLA, Busy Repairing!
Status: offline

quote:

ORIGINAL: Reiryc

quote:

ORIGINAL: MadScot

quote:

ORIGINAL: ravinhood

That's really sad you blokes overseas have to pay a tax at all. Here in the states, if we order anything outside of our state, we pay no taxes whatsoever. It's one of the reasons I like to order from out of state. I don't understand it either really, why we have to pay a state and local tax at our local retail stores, yet, ordering out of state even before the internet one never had to pay a tax.

The times they might be a-changing - there's an item in today's NYTimes on the topic...

link

quote:

A 1992 Supreme Court decision has exempted Internet retailers from the obligation to collect most sales taxes on the grounds that it would be unduly burdensome. Back then, the country's thousands of state and local taxing jurisdictions all had differing rules.

But times have changed, and the law of the land should, too. Last week, 18 state tax collectors met in Chicago to announce an interstate agreement establishing uniform sales tax rules. Starting in October, the group will offer free software that will allow any business to easily collect the required taxes online.

The states' demonstration project will drive home the point that online sales-tax collection can be done nationwide. Many retailers already collect the taxes. Now Congress should step up and pass a law overturning the court's exemption in states that have streamlined their tax systems. That would allow hard-pressed states to take in roughly $20 billion a year in annual sales tax revenue that is rightfully theirs, and perhaps much more, depending on the growth in online shopping. It would also help level the playing field between local and online retailers.

Sad... How even more frustrating that someone would write, "...$20 billion a year in annual sales tax revenue that is rightfully theirs..." Like your money doesn't rightfully belong to you... I think it's time for another revolt over burdensome taxation!

"We still find the greedy hand of government thrusting itself into every corner and crevice of industry, and grasping at the spoil of the multitude. Invention is continually exercised to furnish new pretenses for revenue and taxation. It watches prosperity as its prey and permits none to escape without a tribute."-- Thomas Paine

Actually, we revolted not over being taxed, but being taxed WITHOUT REPRESENTATION.

The Good ole georgie and parliament refused to have colonial representation and say in taxes..

Certain goods sent to colonies then were only taxed on the colonists not taxed on those at "home" in england..

Face it, we do vote in many taxes, here in Fla we can vote in an additional temporary sales tax over the standard state tax if wish, like build a new jail? Maybe then 1pct more tax for 3 years... raising locally the sales tax to 7 not 6 pct for 3 years, etc.

So we can only blame ourselves for allowing taxes, we do vote in our represenrives.. vot in special taxes etc