Interesting issue with the PCW invoice for three cards that I ordered and collected today, VAT has not been levied on them they're shown rated at 0pct. So if this is correct they're making a tidy sum on each transaction.
Interesting issue with the PCW invoice for three cards that I ordered and collected today, VAT has not been levied on them they're shown rated at 0pct. So if this is correct they're making a tidy sum on each transaction.
They're effectively a gift voucher, which in taxation terms is a credit note (albeit sold by an agent in this case). VAT is payable at the time when goods/services are purchased; so in this case will be paid by BSkyB.
That used to be the case, agreed. But the Voucher isn't a Gift Voucher per se. It's a single purpose voucher so surely the changes in May 2012 which state that the such services are taxed as provided on the date of voucher purchase apply. Therefore the voucher should have been sold VAT inclusive. I suspect DSG have made an error.
The tax point when buying a voucher from NOW TV directly is on the date of voucher purchased, not when activated.
It would seem that DSG might be pocketing the full £10 rather than £8.33. I suspect that HMRC will catch-up with them eventually messy though.
Dixons Carphone have extended the range of stores stocking these cards now, seems that all bar the very small in town stores have the most popular ones of each type for over the counter sale.
