I suspect it is 17.5% on what Blackwell Publishing classify as the vatable
element of the subscription. A quick calculation would suggest that they
are putting a value of 30% of the subscription as electronic. 17.5% of 30%
is 5.25%.
Just a guess.
At 14:32 13/09/02 +0100, you wrote:
>Hello,
>
>The ongoing problem of VAT on e-journals of all varieties - - according to
>the Blackwell Publishing 2003 price list (page 5) they will be charging VAT
>at a rate of 5% on their Standard and Premium subscriptions.
>
>HM Customs and Excise website and the VAT helpline state that the 5% rate
>of VAT is for reduced rate supplies and applies to fuel in the home and
>charities, so you may wonder why it is being applied to journals.
>
>Has anyone had any information from Blackwells or correspondence with them
>about this?
>
>best wishes,
>Barbara Houston
>
>Deputy Head of Periodicals
>St Andrews University Library
---------------------------------
Jonathan McAslan
Serials & Electronic Resources Manager
University of Aberdeen
Queen Mother Library
Aberdeen AB24 3UE
Scotland
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tel: 01224 272029
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