Don't auto-delete my digital first edition which is made all the more rare by the publishers errors!
Mind you, I need a new Kindle after she scribbled her autograph over the screen with a Sharpie(tm).
JK Rowling's first novel not to feature young bespectacled wizard Harry Potter was released on Wednesday, following a massive marketing campaign that effectively shrouded The Casual Vacancy in mystery before its debut on bookstore shelves. But it didn't all go according to plan, after the ebook version of the 506-page tome was …
It's Luxembourg tax that's paid, not UK. Really annoying if you're a business user as Amazon will neither issue a VAT refund or, more correctly, zero rate the VAT. Apparently, Kindles are not allowed to be used for business use, if you complain, you're breaking the Terms and conditions. They can then delete all your books.
Next time, I'm buying a Kobo.
and 20% on £11.99 is only a couple of quid.
So if it was tax free, they'd be charging us £9.59, which you just know they'd round up to £9.99 anyway.
The lack of a physical product to print, combine into a book and ship to distributors _must_ save the publishing companies more than just 2 quid a book doesn't it?
Incorrect. Come on, this couldn't really be an easier percentage.
*£10* + VAT @20% = £12.
The price before VAT *IS* £9.99.
Not "£9.59". You're doing the wrong calculation.
Common sense really, as it's obvious that 9.59x1.2 != 11.99
I suppose you work in computers? I just hope it's not anything to do with money.
Modern practice is always to specify the oxidation state explicitly where a substance can exist in several. So one would write what used to be "nitrate" as "nitrate (V)", and what used to be "nitrite" as "nitrate (III)". So one could quite legitimately write "pentyl nitrate (III)" ("amyl" also being discouraged).
I've seen poppers labelled as amyl nitrate, alkyl nitrate, amyl nitrite and alkyl nitrite as well as a couple of others I forget (Wikipedia suggests butyl versions). So, perhaps the Torygraph writer took their information from the ingredients list of the product. You can hardly blame someone for that, especially given the tendency of nomenclature to change over the decades.
Well, I have a paper textbook that backs that one up too. I believe its use as a sexual stimulant is due to the increased blood flow through [into] sexual organs and the relaxation of the anal sphincter -- hence its use being more prevalent in the gay scene (from what I can gather).
I take it, though, that The Torygraph are referring to the feeling of dizziness and the thumping in the temples it produces as well as the felt increase in heart rate. However, I'd love to think they were, instead, referring to Stephen Fry's description of Dan Brown's canon.
VAT is what consumers pay - not businesses. As a consumer in the UK we have to pay 20%. The businesses job is to pass this 20% on to the government where bought, so in this case Amazon will be giving that 20% direct to our government. This has nothing to do with Luxembourg.
The VAT on ebooks and not on books issue is annoying though.
Under EU VAT law, for "Business to Consumer" transactions, and where the deliverable is "not physical" (eg. services, software, or electronic books), the VAT is charged where the vendor is based. In the case of Amazon (and iTunes, and the rest) that's Luxembourg. The VAT on electronic books (and anything else a consumer in the UK downloads from Amazon, iTunes and the rest) goes to Luxembourg, not to the UK.
For "Business to Business" transactions, and where the deliverable is "not physical", the VAT is charged where the purchaser is based. So, as a business purchaser, if you can demonstrate to the vendor of "non physical" items that you are indeed a business and are VAT registered, they should not charge Luxembourg VAT (and you will instead have to account for the VAT on your UK VAT return). However, try telling that to iTunes, Amazon and the rest...
For all transactions where the deliverable is "physical" (eg. a piece of hardware you bought from Amazon), the VAT is charged where the purchaser is based. Which means that, if a consumer buys a physical DVD of a piece of software from Amazon, they pay UK VAT, and if they buy a download of the same piece of software, from the same vendor, they pay Luxembourg VAT.
Oh, and BTW, if you've paid Luxembourg VAT, you can't claim it back on your UK VAT return.
Great, aint it?
Do these people, seriously, want their stuff pirated. An e-book that costs £2 more than the hardback, and it has formatting errors?
eBooks have a lower intrinsic value than paper books because the cannot be loaned, sold on, or even given away, so trying to fleece people without even doing basic quality control is nothing more than profiteering.
Agreed. I look at the price of the eBook, then see if anyone is flogging it secondhand. I just got a hardback version of AN Wilson's The Victorians, in 'as new' condition for £2.67 including postage. Kindle edition, £7.31. I love the idea of eBooks, but I'm far too mean to pay these ridiculous prices.
"people who are old enough to know better but don't, due to their average reading age being somewhere south of 14."
I think you're being totally unfair and a typical book snob. Anything that gets people who've never read a book since their last english lesson in school reading again is always a good thing. I wonder how many people have (re)-discovered the joy of books, and have since read other stuff, I bet it's quite a few. It doesn't have to be high brow but at least they're reading which is better than not.
you ain't seen nothing yet, my copy of the Day of the Triffids in Polish, dated c. 1974, seemed all perfect, until I got hold of the original (2nd hand), and something didn't quite look right. Finally, more by trial and error than on purpose, I got it. In the Polish version, the author says (as I remember vaguely):
... over the Atlantic, the fighters of a Superpower (or something to that effect) shot down the plane..."
While the good old UK paperback said:
... over the Atlantic, the Soviet fighters... (and there were further two pages in English on the Soviet theme, which were simply deleted from the translation).
"it's such a waste when you thorw this formuleic book were it belongs ... in the garbage can"
Oh, you're back and conforming to type- you're like Obviously's older and marginally more attractive brother. I suspect that most people will be loathe to accept literary criticism from someone unable to even *spell* "formulaic".
I am wondering if it was a deliberate way to partly defeat the pirates by releasing a broken version, that gets pirated immediately with the same broken files will be copied over and over, and then release the fixed one.
That way most people downloading an illegal version will find it doesn't work and some might go buy it instead?
This excuse about VAT driving the cost of ebooks up is nonsense. Yes, VAT must be charged. But the ex-VAT cost of the ebook should be much lower to start with. There's no printing, no raw materials, no distribution costs (shipping and storage), no pulping of unsold copies, etc etc. The production cost of ebooks is a tiny fraction of that of print books. This is about publishers gouging the public.
are rigged, because believe it or not, ebook sales form only a fraction of all book sales, this wont always be the case and when competition arrives prices will tumble.
lets take the physical book, how much is it? you all keep talking about it being only a couple of quid cheaper in ebook format, but the actual RRP, printed on the back of the book is £20, how many shops actually sold it at that price? sweet bugger all, on that £20 the retailer is looking at a margin of around 60%
retailers wil drop the price to a minimum only if they will sell the units to make up for the loss of margin. Ebooks are no different, margins are everything unless unit sales can make up for it, at the moment because unit sales are quite low you wont find many retailers selling it very cheap, but give it a year and I can promise you, if ebook readers take off big time, then the prices will tumble, just like real books
As jai already says, a 20% VAT (although high) is no excuse for this cost. EBook publishing costs very little (I'm not going to say "it costs nothing" because there's still labor costs to make sure the EBook looks good and all that...) EBook publishers know this and typically kick back a much higher percentage of the cost to the publisher compared to paper publishing (which really is quite expensive, especially with high paper costs of late.)
I've read both sides of the coin...
Those who "get it", they'll have a $10 or $20 book, but the EBook is like $3-$5.. sometimes it's more, but usually not more than half the cost of the physical book. They make good money selling the EBook if the book is any good, they don't have to worry about remaindered books being shipped back from book stores, or getting into those stores to begin with, or distribution costs, and so on for those EBooks, it's esentially pure profit.
The others will be like $12 for the book, and like $11.50 for the EBook... sometimes they consider the EBook "premium" and charge MORE for it than the physical book! They don't sell many EBooks, and just think EBooks are a bad market, rather than realizing the market is great, they've just priced themselves right out of it.
You know which category I think Rowling is in here.
ebook market share is only around 1-5% average.
until the market share picks up to the point that it becomes profitable to turn their backs on real books, they will not reduce the price.
its a basic practice of retail, why charge less when you CAN charge more and still make your profit targets. Reducing the price of the books at this point will only be giving cheaper books to those that would probably have paid more anyway.
Amazon.co.uk is weird about tax. When I order a book from the Netherlands they insist on charging the dutch tax on books (6%) and shipping (19%) But they don't have to, it's allright to charge the uk tax only cause it's in the EU.
amazon.com ships tax free.
I also can't buy kindle books from the .uk store which are sometimes cheaper only from amazon.com on which they charge the wispernet fee (even for a wifi only kindle).
So the end result: I download my e-books and buy real books from the amazon.co.uk marketplace.
I have written a book (not quite as popular as those by JKR though) and sell it as both physical and ebook. The ebook sells for half the price of the physical, has no delivery costs, and I get exactly the same commission from both.
However ebook sales make up <2% of total sales. Barely worth the effort of providing it in that format.
Personally, I would always pay a few $ more to get a physical book, and would never pay as much or more to get an ebook. Far better to have something solid you can hold, share, and (if necessary) resell.
Not that I'll be buying it anyway but...
Buy the paper copy second hand or pirate the eBook. Then the tax man gets bugger all. When eBooks start coming down in price to a sensible amount (i.e. £1.99 or less) then maybe I'll consider them but till then, I'd rather have my second hand hardbacks thank you very much.
So it's the taxman who sets the price then. Good, because I just hate it when the same e-book that had sold for, say, 13 bux all year suddenly becomes 8 bux when the paperback comes out and it turns out the publisher is just gouging. It's refreshing that Rowling's e-book has none of that old-school thinking behind the new-tech format.
Biting the hand that feeds IT © 1998–2019