Play.com closes retail business as VAT loophole closed

Discussion in 'User Submitted News' started by emigre, Jan 9, 2013.

  1. emigre
    OP

    emigre Has complex motives

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  2. Rizsparky

    Rizsparky Saiyan Prince

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    Thank god.. the tax evading crooks. Slowmo delivery and sloppy service too
     
  3. Kouen Hasuki

    Kouen Hasuki Kouen the Cyber Husky

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    Shame really I didn't mind the Play.com store we had in the next town
     
  4. jalaneme

    jalaneme Female Gamer

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    shame, I used them for years, brought my first hdtv and ipod from them too.
     
  5. Qtis

    Qtis Grey Knight Inquisitor

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    Well considering that there might be a free trade agreement between the EU and the US, this is a bad thing. I don't see any reason to buy items from the EU with added VAT (+24% in Finland now) when the US has the same items in USD without the same level of VAT (roughly -20% for conversion rates + the bonus of smaller VAT).

    As for the loophole, at least in Finland (Åland tax free) the discount was pretty much 100% for the items sold from Åland. I don't mind paying full price for certain items, but in this case, most games and DVDs are overpriced. Very overpriced. Hell, Play.com actually had cheaper prices on other items too, not just the items capable of using the discounted VAT.

    Btw, are they having a closing sale? I'd love to grab a few more Wii motes and possibly a PS3 controller :3

    [rant]I already pay 24% VAT on everything, roughly 15-20% income tax, production taxes, item taxes (like alcohol, Finland has a heavy tax on everything with alcohol), etc. The Channel Islands/Åland/etc where the only places where I wasn't paying roughly 40-50% as tax. And I'm a student for crying out loud! [/rant]
     
  6. EJames2100

    EJames2100 GBAtemp Fan

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    Does this mean Play.com is closing it's site down or they're closing physical shops down?
     
  7. xist

    xist ΚΑΤΑ ΤΟΝ ΔΑΙΜΟΝΑ ΕΑΥΤΟΥ

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    Play is now just a marketplace for other sellers (well from March) - it's closing down all of it's own trading and is now effectively an online shopping centre (as in a structure which holds other retailers)
     
  8. EJames2100

    EJames2100 GBAtemp Fan

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    Ahh now I see, shame as they had some cheap prices.
     
  9. shakirmoledina

    shakirmoledina Legend

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    they had good prices and they had the fame for a reason. is this what most businesses are doing today? in one way or the other?
     
  10. Jamstruth

    Jamstruth Secondary Feline Anthropomorph

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    So p.because they now hace to pay the taxes they're supposed to pay they're shutting down.
    Fuck off.
    More and more big businesses are coming out as avoiding tax in the UK. we all have to pay our way and if they actually paid their taxes then we might not actually need the 20% VAT that Play is complaining about.
     
  11. Qtis

    Qtis Grey Knight Inquisitor

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    Just because they're not paying VAT doesn't mean they're not paying other taxes. Sure some brick and mortar stores will complain about companies like these, but then again, who really buys games and stuff like that from brick and mortar stores if it's available from Amazon at -40% for example? That'd be more than the VAT reduction..