3 ms·
This is really screwing with the independent publishing sector in the UK right now: go on twitter and look for #VATMOSS. The TL:DR version is that ebooks are VA
by cstross 12y ago
This is really screwing with the independent publishing sector in the UK right now: go on twitter and look for #VATMOSS. The TL:DR version is that ebooks are VATable and if you sell direct to customers the VAT regs mean that just one ebook sale in one EU country puts you in a world of bookkeeping pain.
A lot of small publishers are basically getting ready to fold their UK-based ebook operations completely at the end of the month. When you sell 10-50 products a month for £2-5 a pop it just isn't worth the hassle. And these are people who refuse to go via Amazon because monopsony. It is to weep.