money
Wave Goodbye to 99p Downloads as UK Digital Sales Tax Loophole is Closed

Picking up a new eBook or MP3 may be about to get a fair whack more expensive, as Chancellor George Osbourne has moved in his latest budget to close a tax loophole that was allowing digital retailers to pay low foreign VAT rates on eBook, MP3 and app sales. Read More >>

bitcoin
HMRC Bins Plan to Tax Bitcoin Transactions

The UK may soon emerge as one of the world's bitcoin safe havens, after tax inspector HMRC revealed it's giving up on its plan to add 20 per cent VAT to transactions made in the virtual money. Read More >>

business
Play's Shutting Up Shop and Turning Into Ebay

That Jersey tax loophole that the government shut last year was essentially the life-blood of many a cheap DVD shop. Now Play.com's bitten the dust, as it can no longer sustain direct sales to the UK. It'll be reborn from the ashes to be a market place, just like Ebay or Amazon Market Place. Read More >>

ebooks
Cheaper Ebooks On the Horizon From Amazon?

What does a VAT cut to just three per cent in Luxembourg and Amazon's ebook pricing have in common? Cheaper ebooks for us Brits, that's what. Read More >>

money
Cheap Blu-ray Channel Islands VAT Loophole Closed From 2012

All those packages you get from Jersey and Guernsey will soon cost a bit more, thanks to the government giving in to EU demands to stop businesses in the Channel Islands skipping charging VAT on small purchases. Read More >>

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