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UK sub price drop

2

Comments

  • YalexyYalexy Member UncommonPosts: 1,058

    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.

  • jdnycjdnyc Member UncommonPosts: 1,643

    $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.

     

     

  • stragen001stragen001 Member UncommonPosts: 1,720
    Originally posted by Yalexy

    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

  • YalexyYalexy Member UncommonPosts: 1,058


    Originally posted by stragen001

    Originally posted by Yalexy 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


    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.

  • jdnycjdnyc Member UncommonPosts: 1,643
    Originally posted by stragen001
     

    And $15 INCLUDING SALES TAX

    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.

     

  • ThorbrandThorbrand Member Posts: 1,198
    Originally posted by Yalexy

     


    Originally posted by stragen001

    Originally posted by Yalexy 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


     

    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!

  • PanthienPanthien Member UncommonPosts: 559
    Originally posted by stragen001
    Originally posted by Yalexy

    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.

  • ShakyMoShakyMo Member CommonPosts: 7,207
    $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
  • PanthienPanthien Member UncommonPosts: 559
    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.

  • IstavaanIstavaan Member Posts: 1,350
    12.99 EUR = 16.2417 USD

     

  • SeravajanSeravajan Member UncommonPosts: 192


    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?

  • jdnycjdnyc Member UncommonPosts: 1,643
    Originally posted by ShakyMo


    We were being ripped off at the original £12.99

    That was too high and I agreed with you completely.  I feel the new price is much better and more fair.

  • CorantheCoranthe Member UncommonPosts: 10

    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.

     

  • lovebuglovebug Member UncommonPosts: 260

    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

  • Wise101Wise101 Member Posts: 1

    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. 

  • NorseGodNorseGod Member EpicPosts: 2,654

    Just wait until they figure out how much they pay more for gasoline than Americans do. lol

    To talk about games without the censorship, check out https://www.reddit.com/r/MMORPG/
  • lovebuglovebug Member UncommonPosts: 260

    no rift is 8.99 a mouth not 10.99 just checked :).

  • PanthienPanthien Member UncommonPosts: 559
    Originally posted by Wise101

    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: 

  • BlackbrrdBlackbrrd Member Posts: 811
    Originally posted by Panthien

    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.

  • PanthienPanthien Member UncommonPosts: 559
    Originally posted by Blackbrrd
    Originally posted by Panthien

    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.

  • DalmontDalmont Member UncommonPosts: 272

    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

     

     

     

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  • MMOSavantMMOSavant Member Posts: 170
    Originally posted by darwa
    Originally posted by Yalexy

     


    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.

     

     

     

  • MMOSavantMMOSavant Member Posts: 170
    Originally posted by Panthien
    Originally posted by Blackbrrd
    Originally posted by Panthien

    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]

  • PanthienPanthien Member UncommonPosts: 559
    Originally posted by MMOSavant
    Originally posted by Panthien
    Originally posted by Blackbrrd
    Originally posted by Panthien

    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.

    [mod edit]

  • aesperusaesperus Member UncommonPosts: 5,135
    Originally posted by Panthien
    Originally posted by MMOSavant
    Originally posted by Panthien
    Originally posted by Blackbrrd
    Originally posted by Panthien

    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.

    [mod edit]

    Uhm... no, that's not the complaint at all.

    Many of the people complaining are Europian.

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