Treasury to close loophole that allows VAT-free DVD

[No1_Dave]

Originally Posted by McCrutchy

I believe it would depend on what site you order from. Some sites, like Amazon, list prices with VAT included to begin with, so it's not likely that those prices will increase. However, those sites in the loophole that have already factored VAT out of their pricing will have to re-include it, essentially raising their prices.

overseas buyers (especially from outside the EU) has always had it good with UK online retailers, with ability to remove VAT and relatively cheap shipping and high import customs limits, and double good deal/prices shipping from channel islands.

but good old amazon specialises in pricematching hmv, Play, thehutgroup etc, so if those those raises their prices, amazon's baseline or pricematch prices will also go up.

so in conclusion, bad news for consumers (uk or otherwise) all round.