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HMV, Woolies swerve VAT on in-store goods

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HMV, Woolies swerve VAT on in-store goods

High Street chains to introduce special kiosks that order goods from offshore territories

HMV and Woolworths are both installing special kiosks in-store that allow consumers to purchase goods under £18 without VAT.

The vending areas allow consumers to order goods directly from the Channel Islands – a method usually reserved for websites.

Woolworths already has 40 ordering kiosks in its UK stores, whilst HMV is planning to install instore "HMV Delivers" kiosks in its 250 stores.

According to The Guardian:

‘HMV's new terminals offer "free home delivery" not from the group's London distribution centre, but from its base on the Channel Islands tax haven of Guernsey. The extra expense of postage is paid for many times over by avoiding VAT.’

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HMV's new kiosks continue the delivery process of its website, which already orders goods direct from the Channel Islands.

Close it?

posted by Tax man Jul 21, 2008 at 6:36 pm
1
Tax man

When are they gonna close this loop hole?

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Re: Close it?

posted by CostaConsole Jul 21, 2008 at 9:38 pm
2

Never, been comments made about this for years.

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Re: Re: Close it?

posted by vagu Jul 22, 2008 at 7:33 am
3
vagu

does it suppose to have a political purpose?

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