Dear List Members,
For some time, the charging of VAT on the electronic component of
combined subscriptions has been an area under discussion between
publishers and tax authorities. The advice given has often been
different depending on the tax authority and for this reason some
publishers do make a charge whilst others do not.
At Swets, we have been developing our systems to enable us to replicate
the decision of the publisher and to follow the rules which they apply.
We have been testing this functionality with customers during 2008 and
it will go live with all customers for 2009 subscriptions. Our
experience to date shows the impact of the change on customers' budgets
is very small but all Swets customers will have the comfort of knowing
they are fully compliant with VAT requirements.
Further communication will be sent to Swets customers in the coming
weeks.
Best wishes,
Tamsyn
Please consider the environment before printing this email.
Tamsyn Honour
Commercial Manager
Swets
Swan House
Wyndyke Furlong
Abingdon Business Park
Abingdon, Oxon OX14 1UQ
Tel: + 44 (0)1235 857614
Fax: +44 (0)1235 857503
Email: [log in to unmask]
www.swets.com
Swets Simplifies ISO 9001:2000 Globally certified
------------------------------
Swets Information Services Ltd
Registered Office: Swan House, Wyndyke Furlong, Abingdon Business Park, Abingdon, Oxfordshire, OX14 1UQ, England
Company registered number - 00165100
------------------------------
-----Original Message-----
From: An informal open list set up by the UK Serials Group
[mailto:[log in to unmask]] On Behalf Of Ward, Helen
Sent: 25 June 2008 09:27
To: [log in to unmask]
Subject: Re: [LIS-E-JOURNALS] VAT and print+electronic
Dear Sue
Yes, that's our understanding.
Best wishes
Helen
==========================
Helen Ward
Collections Manager
Information Services
Kingston University
Penrhyn Road
Kingston upon Thames
Surrey KT1 2EE
Tel. +44 (0)20 8417 2312
Fax. +44 (0)20 8417 2111
Email [log in to unmask]
===============================
-----Original Message-----
From: An informal open list set up by the UK Serials Group
[mailto:[log in to unmask]] On Behalf Of Susan Bate
Sent: 25 June 2008 09:20
To: [log in to unmask]
Subject: Re: [LIS-E-JOURNALS] VAT and print+electronic
Dear Helen,
Thanks for this information. This warning from T & F is the first we
have had. Does your agent indicate this will apply to UK subs too?
Best wishes
Sue
Quoting "Ward, Helen" <[log in to unmask]>:
> Dear Sue
> I think you'll find a number of publishers making this announcement in
> the coming months. Certainly we have had an early warning from our
> journal agent that VAT will apply to the electronic element of print
> plus e subscriptions from 2009 wherever they are notified by a
> publisher. Regards
> Helen
>
> ==========================
> Helen Ward
> Collections Manager
> Information Services
> Kingston University
> Penrhyn Road
> Kingston upon Thames
> Surrey KT1 2EE
> Tel. +44 (0)20 8417 2312
> Fax. +44 (0)20 8417 2111
> Email [log in to unmask]
> ===============================
>
>
> -----Original Message-----
> From: An informal open list set up by the UK Serials Group
> [mailto:[log in to unmask]] On Behalf Of Susan Bate
> Sent: 24 June 2008 17:04
> To: [log in to unmask]
> Subject: [LIS-E-JOURNALS] VAT and print+electronic
>
> Dear All,
>
> I have recently received a letter from a European publisher to say
> from 2009 they have to charge VAT on the electronic element of
> print+electronic titles. It seems to be a change in the law in Europe.
> Or possibly a local change. Has anybody else come across this?
>
> I have seen something similar before, when several years ago UK
> publishers started sending out "free" CD versions of looseleaf works
> with their print equivalent. The UK Customs and Excise required them
> to charge VAT on a small percentage of the total cost which luckily
> was pretty negligible.
>
> I know VAT and libraries is different from VAT and other industries
> within Europe but I still find it a rather disturbing development and
> one hopefully the UK authorities don't pick up on.
>
> Best wishes
>
> Sue Bate
> Head of Serials
>
> Sue Bate
> The John Rylands University Library
> The University of Manchester
> Oxford Road
> Manchester
> M13 9PP
> UK
>
> Tel:- 0161-275-3748
> Fax:- 0161-275-3759
>
> VAT Number GB 849 7389 56
>
> ____________________________________________________________
>
> lis-e-journals is changing ... to lis-e-resources from the 1st July
> 2008.
>
> Find out more about UKSG at: http://www.uksg.org/ or join the UKSG
> facebook network at: http://www.facebook.com/group.php?gid=21810140156
>
> This email has been scanned for all viruses by the MessageLabs Email
> Security System.
>
> This email has been scanned for all viruses by the MessageLabs Email
> Security System.
>
> ____________________________________________________________
>
> lis-e-journals is changing ... to lis-e-resources from the 1st July
2008.
>
> Find out more about UKSG at: http://www.uksg.org/ or join the UKSG
> facebook network at: http://www.facebook.com/group.php?gid=21810140156
>
Sue Bate
The John Rylands University Library
The University of Manchester
Oxford Road
Manchester
M13 9PP
UK
Tel:- 0161-275-3748
Fax:- 0161-275-3759
VAT Number GB 849 7389 56
____________________________________________________________
lis-e-journals is changing ... to lis-e-resources from the 1st July
2008.
Find out more about UKSG at: http://www.uksg.org/ or join the UKSG
facebook network at: http://www.facebook.com/group.php?gid=21810140156
This email has been scanned for all viruses by the MessageLabs Email
Security System.
This email has been scanned for all viruses by the MessageLabs Email
Security System.
____________________________________________________________
lis-e-journals is changing ... to lis-e-resources from the 1st July
2008.
Find out more about UKSG at: http://www.uksg.org/ or join the UKSG
facebook network at: http://www.facebook.com/group.php?gid=21810140156
____________________________________________________________
lis-e-journals is changing ... to lis-e-resources from the 1st July 2008.
Find out more about UKSG at: http://www.uksg.org/ or join the UKSG facebook network at: http://www.facebook.com/group.php?gid=21810140156
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