7dayshop - now with VAT

Discussion in 'UK Photography' started by Matthew, Jul 30, 2004.

  1. AH so you know you are talking rubbish but are just doing it to get us all
    involved. You are doing it very well. Have you thought of becoming a Troll
    Trainer? :)

    Personally I'm giving up on this one.
     
    Colin Reddish, Aug 1, 2004
    #41
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  2. Matthew

    Duncan Allan Guest

    VAT is 17.5% in the UK which is the rate applied to a non taxed item.

    However when the Vat is deducted from the inclusive price it is 14.89% of
    the gross. So the perceived 'rip-off' does not exist. All they were doing
    was exploiting the loop hole in the law that the Channel islands have with
    Vat treatment.

    Now they are on a level playing field with everyone else perhaps everyone
    will see just how appalling slow they are.


    Duncan
     
    Duncan Allan, Aug 1, 2004
    #42
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  3. Matthew

    Matthew Guest

    Yes it does. The old price (before VAT) was £137. The new price should
    be 17.5% more than that, but it's not, it's only 11.5% more, at
    £152.75.
    Yes. And it was more than a little unfair to their competitors (not
    that I am complaining, providing my camera gets through free of tax),
    that they could buy for say £100 (just like their competitors), and
    then sell for £120 (£20 profit margin), and look very good against
    other players who were selling for £110 (£10 profit Margin) + VAT =
    £129.26.
     
    Matthew, Aug 1, 2004
    #43
  4. Matthew

    Lordy Guest

    I think its a bit pathetic the way you and others have slammed
    Your "concepts" were a complete bunch of hypocritical arse. You found it
    unreasonable for people to have openly differing opinions from someone,
    but your post indicated it's ok for *you* to have a openly differing
    opinion.
    And you're a ****.
    How's that for subtlety ?
     
    Lordy, Aug 1, 2004
    #44
  5. Matthew

    Lordy Guest

    If a company decides not to be competitive within the market place
    Silly me, I thought you meant competitive in the "competitive" sense of
    the word.
    The only price that counts to the end consumer, is the price to the end
    consumer (providing the product is comparable).
    You're right, the CD-Wow debacle did include a degree of price fixing,
    but not in the way you are implying. They had their choice of suppliers
    restricted for our market in order to try and force their prices up.
    That's price fixing by the BPI by taking away consumer choice.
     
    Lordy, Aug 1, 2004
    #45
  6. Matthew

    Lordy Guest

    If a company decides not to be competitive within the market
    Bollocks, your average UK retailer makes far more outright markup
    (average of forty percent in my shop) on the items it sells compared to
    someone such as CDWow (referring to your post on them).
     
    Lordy, Aug 1, 2004
    #46
  7. Matthew

    TP Guest


    Might you be confusing mark-up with margin?
     
    TP, Aug 1, 2004
    #47
  8. Matthew

    Trev Guest

    I dont a 50 % mark up is a 33% margin
     
    Trev, Aug 1, 2004
    #48
  9. Matthew

    TP Guest


    In that case, I wonder what on earth you are complaining about.

    A 40% mark-up is quite normal in UK retail, giving a margin of
    just under 29%. Some UK businesses operate on much higher
    margins than 29%, for example cards and stationery are typically
    marked up 100% giving a 50% margin.

    So what was your point, exactly?
     
    TP, Aug 1, 2004
    #49
  10. To be fair, Tony, the wastage rate on greetings cards is very high. (I
    did some investigations on the CTN business in a previous incarnation.)
     
    David Littlewood, Aug 1, 2004
    #50
  11. Matthew

    TP Guest


    Whatever, my point remains true; a 40% mark-up is neither unusual nor
    excessive in the UK, and I fail to see why Lordy is bleating about it.
     
    TP, Aug 2, 2004
    #51
  12. If it's with VAT then, no.
    All applicable UK taxes have been included.

    VAT was the only charge that would have been levied on import in the
    past when they quoted ex-VAT.

    RM
     
    Reestit Mutton, Aug 2, 2004
    #52
  13. They have the 300d + lens at 692 GBP (including VAT).

    Should I expect import taxes or any other kind of hidden charges on top of
    that???

    The cheapest other price I could find for the standard 300d + lens kit on
    the web (last week) was 724 GBP

    I found (via Ebay) a company called DigitalRev in Japan that have it for 685
    GBP with a 2.2GB memory card, but I suspect there would be hundreds of
    pounds of taxes and charges that the government would steel from me when it
    arrives, so I haven't bought it!

    Where should I buy my 300d + lens from?
     
    Gareth Tuckwell, Aug 2, 2004
    #53
  14. This is not necessarily true in all cases; there is a customs duty
    levied on most goods in addition to VAT. It may be that the duty on
    digital cameras is zero, I don't recall.
     
    David Littlewood, Aug 2, 2004
    #54
  15. Matthew

    TP Guest


    From a dealer with a good returns policy should it go wrong.
     
    TP, Aug 2, 2004
    #55
  16. Matthew

    JJ Guest

    In that case, 7dayshop are out - biggest cowboys I've dealt with since Scam,
    Dick-sons and Dubs... oh, spelling <G> should be Scan Dixons and Dabs <S>
    JJ
     
    JJ, Aug 2, 2004
    #56
  17. Matthew

    Brian Guest

    It is currently zero per cent on digital camera - go to
    http://www.hmce.gov.uk/public/shopping/shopping.htm and download/open
    the Common internet Goods .pdf file.

    Brian
     
    Brian, Aug 2, 2004
    #57
  18. Zero on digital cameras, but not on lenses. Hopefully, you can claim it is
    all one item and avoid the import tax on the lens.
     
    Janie Thomson, Aug 2, 2004
    #58
  19. Harumph! That's the logic of tax for you!

    RM
     
    Reestit Mutton, Aug 2, 2004
    #59
  20. Matthew

    I'Mad Guest


    I have bought products from them for many years and they have always had
    excellent prices...
    This week for the first time I was asked to pay taxes and duty when I
    got the products. In the end I still saved more or less 10 pounds.

    Ivan
     
    I'Mad, Aug 3, 2004
    #60
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