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VAT is more profit for vbulletin?

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  • VAT is more profit for vbulletin?

    I noticed that I'm suddenly required to pay more for vbulletin since I'm from Europe.

    How do I know that the paid VAT is going to the country that requires this extra VAT on software, and not that it is just extra profit for vbulletin?

  • #2
    I would guess that vBulletin ( Jelsoft Enterprises Limited) has a registered VAT Number here in the UK, which means they will be passing the VAT you get charged to the HMCustoms and Excise here in the UK.

    If it was more profit for vBulletin then i as a VAT registered limited company here in the UK I would also be making more profit for every sale i make!

    Sadly i am just an another unpaid tax collector for the UK Government!
    Regards

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    • #3
      As an UK-based company, in accordance with European Union tax regulations, we are required to charge VAT. If this were a ploy to make more profit, it'd be illegal.
      We're sorry you're affected by this, but there's nothing we can do about it.
      Best Regards
      Colin Frei

      Please don't contact me per PM.

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      • #4
        We file tax returns with Companies House that you can obtain for a small fee, these should contain VAT returns but afaik it wont apply until next years return since we've just started collecting.

        We only apply VAT to those in countries which require it, non-EU residents dont need to pay VAT.
        Last edited by Colin F; Mon 19 Jun '06, 11:41am. Reason: Europe != EU
        Scott MacVicar

        My Blog | Twitter

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        • #5
          Originally posted by TCB View Post
          I noticed that I'm suddenly required to pay more for vbulletin since I'm from Europe.

          How do I know that the paid VAT is going to the country that requires this extra VAT on software, and not that it is just extra profit for vbulletin?
          How do I know you're reporting your complete income to the government and not report only 50% of it, to make more profit?

          You have to put some faith in the Jelsoft execs that they don't want to face a couple years of prison time for tax evasion.

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          • #6
            The it would be called "JailSoft!" VAT is more profit for the government.

            Originally posted by Icheb View Post
            You have to put some faith in the Jelsoft execs that they don't want to face a couple years of prison time for tax evasion.
            Kim

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