Sales tax in the UK are 20%. In Germany it's 19%, France has 19.6%, 23% Finland, etc. So UK hasn't any higher sales tax then the rest of europe actually.
And now let's convert the currencies, shall we?
1 = £0.8
So 15 should be £12, which funnily enough is exactly the prices Funcom is asking for.
Brits should really stop complaining and face the truth that you've been paying way too less for the last ten years, especially for PC-games. Brits were subsidized for the last 20 years allready, and it's damn time to stop this crap.
Sales tax in the UK are 20%. In Germany it's 19%, France has 19.6%, 23% Finland, etc. So UK hasn't any higher sales tax then the rest of europe actually.
And now let's convert the currencies, shall we?
€1 = £0.8
So €15 should be £12, which funnily enough is exactly the prices Funcom is asking for.
Brits should really stop complaining and face the truth that you've been paying way too less for the last ten years, especially for PC-games. Brits were subsidized for the last 20 years allready, and it's damn time to stop this crap.
And $15 INCLUDING SALES TAX converted to £ using the current exchange rate of $1 = £0.6 means TSW sub in the UK should be £9.60 INCLUDING SALES TAX / VAT
A little more than the standard £8.99 for every other MMO but still doesnt explain why they are charging £11.49
Cluck Cluck, Gibber Gibber, My Old Mans A Mushroom
Originally posted by YalexySales tax in the UK are 20%. In Germany it's 19%, France has 19.6%, 23% Finland, etc. So UK hasn't any higher sales tax then the rest of europe actually.And now let's convert the currencies, shall we?1 = £0.8So 15 should be £12, which funnily enough is exactly the prices Funcom is asking for. Brits should really stop complaining and face the truth that you've been paying way too less for the last ten years, especially for PC-games. Brits were subsidized for the last 20 years allready, and it's damn time to stop this crap.
And $15 INCLUDING SALES TAX converted to £ using the current exchange rate of $1 = £0.6 means TSW sub in the UK should be £9.60 INCLUDING SALES TAX / VAT
A little more than the standard £8.99 for every other MMO but still doesnt explain why they are charging £11.49
Listed US$ prices don't include taxes. There's your problem.
So to calculate correctly it would be $15 = £9.75 + 20% sales tax = £11.7
Something else you wanna proof wrong? Funcom is charging exactly the same amunt of money for every currency. Brits only rabble, because they were subsidized during the last 10 years, having paid too little.
Sales Tax varies from state to state. Government law dictates that if you buy something online and the place of business resides in said state, you pay sales tax. I live in New York and order from a company that ships all over the world. That company is based in New York. I have to pay the f'n sales tax for city AND state. It sucks, but that's the breaks.
Originally posted by YalexySales tax in the UK are 20%. In Germany it's 19%, France has 19.6%, 23% Finland, etc. So UK hasn't any higher sales tax then the rest of europe actually.And now let's convert the currencies, shall we?€1 = £0.8So €15 should be £12, which funnily enough is exactly the prices Funcom is asking for. Brits should really stop complaining and face the truth that you've been paying way too less for the last ten years, especially for PC-games. Brits were subsidized for the last 20 years allready, and it's damn time to stop this crap.
And $15 INCLUDING SALES TAX converted to £ using the current exchange rate of $1 = £0.6 means TSW sub in the UK should be £9.60 INCLUDING SALES TAX / VAT
A little more than the standard £8.99 for every other MMO but still doesnt explain why they are charging £11.49
Listed US$ prices don't include taxes. There's your problem.
So to calculate correctly it would be $15 = £9.75 + 20% sales tax = £11.7
Something else you wanna proof wrong?
I think you have your answer. And yes that is the reason you pay more because you are taxed for it where we are not!
Sales tax in the UK are 20%. In Germany it's 19%, France has 19.6%, 23% Finland, etc. So UK hasn't any higher sales tax then the rest of europe actually.
And now let's convert the currencies, shall we?
€1 = £0.8
So €15 should be £12, which funnily enough is exactly the prices Funcom is asking for.
Brits should really stop complaining and face the truth that you've been paying way too less for the last ten years, especially for PC-games. Brits were subsidized for the last 20 years allready, and it's damn time to stop this crap.
And $15 INCLUDING SALES TAX converted to £ using the current exchange rate of $1 = £0.6 means TSW sub in the UK should be £9.60 INCLUDING SALES TAX / VAT
A little more than the standard £8.99 for every other MMO but still doesnt explain why they are charging £11.49
The question IMO isnt why you are paying more for a sub then the competition in your country, the real question is why have you been paying less for every mmo, then Europe and the US.
Not to mention it makes sense after 10+ years of frozen prices, prices get adjusted, I dont know for you but life didnt get cheaper over the years.
$15 at current Exchange rate = £9.59 UK VAT is 20% So that means £11.51 so the new price looks fair, although its still £1.52 more than any other mmo over here, which are low for historical reason of sterling being a very strong currency during the mmo boom.
We don't have import taxes with Canada (commonwealth), Norway(eu but not Eurozone like us brits) or usa (trade agreements), Ao there are no other taxes.
Originally posted by ShakyMo $15 at current Exchange rate = £9.59 UK VAT is 20% So that means £11.51 so the new price looks fair, although its still £1.52 more than any other mmo over here, which are low for historical reason of sterling being a very strong currency during the mmo boom.
We don't have import taxes with Canada (commonwealth), Norway(eu but not Eurozone like us brits) or usa (trade agreements), Ao there are no other taxes.
We were being ripped off at the original £12.99
Paying roughly the same price as everyone else doesnt seem like a rip off to me. You where getting a bargain with the others.
Originally posted by lars1134 Ahh, for those who did not know. Funcom's billing system is out of date. I for example live in The Netherlands. But I told Funcom (in my account management) that I live in The United States. Therefor I can pay the quantities in USD instead of Euros. Saves a lot after a year. I purchased the Lifetime Grandmaster package for 200$ instead of 200 euros. Nice deal huh? Anyhow, try it for yourself.
And how do you manage the thing with the billing address and the credit card? Do you use a virtual address for the US address?
I don't mean to pry really but I was curious what the uproar was all about so I decide to see WHAT exactly VAT was....I nabbed this quote from Wikipedia (http://en.wikipedia.org/wiki/Value_added_tax)
"The value added to a product by a business is the sale price charged to its customer, minus the cost of materials and other taxable inputs. A VAT is like a sales tax in that ultimately only the end consumer is taxed. It differs from the sales tax in that, with the latter, the tax is collected and remitted to the government only once, at the point of purchase by the end consumer. With the VAT, collections, remittances to the government, and credits for taxes already paid occur each time a business in the supply chain purchases products."
Seems to me either way you look at it the end price of doing business is screwing everyone. Looks like the VAT is providing you guys with an overinflated sense of price. So technically without the Tax you're paying less than the US and with the Tax you're paying approx. the same. Someone is getting screwed here but i don't think it's you guys... well you are... but it's like an equal amount of screwing. Go figure.
well funcom games have always been ott in the uk right back to ao days have always be more expensive than any other mmo on the market and looks like funcom games will always be that way .
so i think ill stick with tera for now £7.99 a mouth will be letting secret world pass me by
Funcom uses a 15% VAT rate as per their account page. They also seem to be using a £1:$1.5 exchange rate, which seems rational given that GBP is currently being devalued. So I'd suggest their formula is -
$15 / 1.5 = £10 + 15% = £11.50
As for other MMOs:
US companies do not charge VAT, however it's also important to note the exchange rate changes that have occured. When WoW came out we were getting two dollars to the pound, so £8.99 was a rip off. I also believe RIFT charges £10.99 for non-founders, so the price variance isn't that big.
In short, the price is pretty fair now that they dropped it £1.50.
Funcom uses a 15% VAT rate as per their account page. They also seem to be using a £1:$1.5 exchange rate, which seems rational given that GBP is currently being devalued. So I'd suggest their formula is -
$15 / 1.5 = £10 + 15% = £11.50
As for other MMOs:
US companies do not charge VAT, however it's also important to note the exchange rate changes that have occured. When WoW came out we were getting two dollars to the pound, so £8.99 was a rip off. I also believe RIFT charges £10.99 for non-founders, so the price variance isn't that big.
In short, the price is pretty fair now that they dropped it £1.50.
Technically speaking its not the company charging you VAT, its the state, Blizzard to pick A excample charges is.
Found this in their support section :
The Subscription options for World of Warcraft are:
1 month: $14.99 USD
3 months: $41.97 USD ($13.99 USD per month)
6 months: $77.94 USD ($12.99 USD per month)
Note: Subscriptions renew automatically and charge the full amount of your selected plan up front.
Players in select states around the United States have found that their monthly subscription fee is slightly higher than expected. With the rise of many online subscription-based services, several states have begun to apply a tax to services that use such a model. This tax is an additional cost that is added onto the base subscription rate.
Residents of the following states will be charged this tax:
The question IMO isnt why you are paying more for a sub then the competition in your country, the real question is why have you been paying less for every mmo, then Europe and the US.
Not to mention it makes sense after 10+ years of frozen prices, prices get adjusted, I dont know for you but life didnt get cheaper over the years.
The reason WoW has a lower sub price is that the price was set when the £ was worth more relative to the $ and they haven't changed the price in 8 years.
The question IMO isnt why you are paying more for a sub then the competition in your country, the real question is why have you been paying less for every mmo, then Europe and the US.
Not to mention it makes sense after 10+ years of frozen prices, prices get adjusted, I dont know for you but life didnt get cheaper over the years.
The reason WoW has a lower sub price is that the price was set when the £ was worth more relative to the $ and they haven't changed the price in 8 years.
Thank you! So people are basicly angry FC adjusted the prices using more current exchange ratios. So they are basicly angry now that they have to pay roughly the same as the US and Europe.
Originally posted by darwa Still no explanation as to why it's 28% more expensive per month than any other MMO though. That's the part I want an answer for.
Erm... if you pay monthly then basically every other MMO is $15 a month aswell.
*sigh*
No.
TSW = £11.49
Every other MMO = £8.99
It really doesn't matter what other countries pay, but it does matter that Funcom has chosen to charge more for TSW than any other MMO in the UK only.
Get it now?
You're wasting your time mate. I can't count how many 'tards on here still think the difference between what they pay and what we pay is the 20% VAT, when all other mmos also charge VAT and still manage to cost only £8.99.
The question IMO isnt why you are paying more for a sub then the competition in your country, the real question is why have you been paying less for every mmo, then Europe and the US.
Not to mention it makes sense after 10+ years of frozen prices, prices get adjusted, I dont know for you but life didnt get cheaper over the years.
The reason WoW has a lower sub price is that the price was set when the £ was worth more relative to the $ and they haven't changed the price in 8 years.
Thank you! So people are basicly angry FC adjusted the prices using more current exchange ratios. So they are basicly angry now that they have to pay roughly the same as the US and Europe.
[mod edit]
So why is ToR, released only six months ago only £8.99?
The question IMO isnt why you are paying more for a sub then the competition in your country, the real question is why have you been paying less for every mmo, then Europe and the US.
Not to mention it makes sense after 10+ years of frozen prices, prices get adjusted, I dont know for you but life didnt get cheaper over the years.
The reason WoW has a lower sub price is that the price was set when the £ was worth more relative to the $ and they haven't changed the price in 8 years.
Thank you! So people are basicly angry FC adjusted the prices using more current exchange ratios. So they are basicly angry now that they have to pay roughly the same as the US and Europe.
[mod edit]
So why is ToR, released only six months ago only £8.99?
[mod edit]
This post shows the why, a hand few are outraged that they now have to pay what the rest of Europe and the US are paying.
The question IMO isnt why you are paying more for a sub then the competition in your country, the real question is why have you been paying less for every mmo, then Europe and the US.
Not to mention it makes sense after 10+ years of frozen prices, prices get adjusted, I dont know for you but life didnt get cheaper over the years.
The reason WoW has a lower sub price is that the price was set when the £ was worth more relative to the $ and they haven't changed the price in 8 years.
Thank you! So people are basicly angry FC adjusted the prices using more current exchange ratios. So they are basicly angry now that they have to pay roughly the same as the US and Europe.
[mod edit]
So why is ToR, released only six months ago only £8.99?
[mod edit]
This post shows the why, a hand few are outraged that they now have to pay what the rest of Europe and the US are paying.
Comments
Sales tax in the UK are 20%. In Germany it's 19%, France has 19.6%, 23% Finland, etc. So UK hasn't any higher sales tax then the rest of europe actually.
And now let's convert the currencies, shall we?
1 = £0.8
So 15 should be £12, which funnily enough is exactly the prices Funcom is asking for.
Brits should really stop complaining and face the truth that you've been paying way too less for the last ten years, especially for PC-games.
Brits were subsidized for the last 20 years allready, and it's damn time to stop this crap.
$15 = £9.59
£9.59 + VAT (19%) = £11.49
So the question is charging 19% VAT correct or not?
well let's find out.
According to this...http://www.crazysquirrel.com/finance/vat-calculator.jspx
It's 17.5%
That means at this moment it should be £11.27
Factoring in inflation and market (prices change) £11.49 does not seem that rediculous of a difference.
And $15 INCLUDING SALES TAX converted to £ using the current exchange rate of $1 = £0.6 means TSW sub in the UK should be £9.60 INCLUDING SALES TAX / VAT
A little more than the standard £8.99 for every other MMO but still doesnt explain why they are charging £11.49
Cluck Cluck, Gibber Gibber, My Old Mans A Mushroom
Listed US$ prices don't include taxes. There's your problem.
So to calculate correctly it would be $15 = £9.75 + 20% sales tax = £11.7
Something else you wanna proof wrong? Funcom is charging exactly the same amunt of money for every currency. Brits only rabble, because they were subsidized during the last 10 years, having paid too little.
Sales Tax varies from state to state. Government law dictates that if you buy something online and the place of business resides in said state, you pay sales tax. I live in New York and order from a company that ships all over the world. That company is based in New York. I have to pay the f'n sales tax for city AND state. It sucks, but that's the breaks.
I think you have your answer. And yes that is the reason you pay more because you are taxed for it where we are not!
The question IMO isnt why you are paying more for a sub then the competition in your country, the real question is why have you been paying less for every mmo, then Europe and the US.
Not to mention it makes sense after 10+ years of frozen prices, prices get adjusted, I dont know for you but life didnt get cheaper over the years.
UK VAT is 20%
So that means £11.51 so the new price looks fair, although its still £1.52 more than any other mmo over here, which are low for historical reason of sterling being a very strong currency during the mmo boom.
We don't have import taxes with Canada (commonwealth), Norway(eu but not Eurozone like us brits) or usa (trade agreements), Ao there are no other taxes.
We were being ripped off at the original £12.99
Paying roughly the same price as everyone else doesnt seem like a rip off to me. You where getting a bargain with the others.
And how do you manage the thing with the billing address and the credit card? Do you use a virtual address for the US address?
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That was too high and I agreed with you completely. I feel the new price is much better and more fair.
I don't mean to pry really but I was curious what the uproar was all about so I decide to see WHAT exactly VAT was....I nabbed this quote from Wikipedia (http://en.wikipedia.org/wiki/Value_added_tax)
"The value added to a product by a business is the sale price charged to its customer, minus the cost of materials and other taxable inputs. A VAT is like a sales tax in that ultimately only the end consumer is taxed. It differs from the sales tax in that, with the latter, the tax is collected and remitted to the government only once, at the point of purchase by the end consumer. With the VAT, collections, remittances to the government, and credits for taxes already paid occur each time a business in the supply chain purchases products."
Seems to me either way you look at it the end price of doing business is screwing everyone. Looks like the VAT is providing you guys with an overinflated sense of price. So technically without the Tax you're paying less than the US and with the Tax you're paying approx. the same. Someone is getting screwed here but i don't think it's you guys... well you are... but it's like an equal amount of screwing. Go figure.
well funcom games have always been ott in the uk right back to ao days have always be more expensive than any other mmo on the market and looks like funcom games will always be that way .
so i think ill stick with tera for now £7.99 a mouth will be letting secret world pass me by
Funcom uses a 15% VAT rate as per their account page. They also seem to be using a £1:$1.5 exchange rate, which seems rational given that GBP is currently being devalued. So I'd suggest their formula is -
$15 / 1.5 = £10 + 15% = £11.50
As for other MMOs:
US companies do not charge VAT, however it's also important to note the exchange rate changes that have occured. When WoW came out we were getting two dollars to the pound, so £8.99 was a rip off. I also believe RIFT charges £10.99 for non-founders, so the price variance isn't that big.
In short, the price is pretty fair now that they dropped it £1.50.
Just wait until they figure out how much they pay more for gasoline than Americans do. lol
no rift is 8.99 a mouth not 10.99 just checked .
Technically speaking its not the company charging you VAT, its the state, Blizzard to pick A excample charges is.
Found this in their support section :
The Subscription options for World of Warcraft are:
Players in select states around the United States have found that their monthly subscription fee is slightly higher than expected. With the rise of many online subscription-based services, several states have begun to apply a tax to services that use such a model. This tax is an additional cost that is added onto the base subscription rate.
Residents of the following states will be charged this tax:
The reason WoW has a lower sub price is that the price was set when the £ was worth more relative to the $ and they haven't changed the price in 8 years.
Thank you! So people are basicly angry FC adjusted the prices using more current exchange ratios. So they are basicly angry now that they have to pay roughly the same as the US and Europe.
Funcom isn't American, so they have a right to use the Euro as their base currency for conversion.
If you do not want to pay the sub, don't sub and don't play....Simples
You're wasting your time mate. I can't count how many 'tards on here still think the difference between what they pay and what we pay is the 20% VAT, when all other mmos also charge VAT and still manage to cost only £8.99.
[mod edit]
So why is ToR, released only six months ago only £8.99?
[mod edit]
This post shows the why, a hand few are outraged that they now have to pay what the rest of Europe and the US are paying.
[mod edit]
Uhm... no, that's not the complaint at all.
Many of the people complaining are Europian.