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Radio Wrangler · 23rd Dec 2017, 10:38 pm

A number of clubs and societies put prices on their journals because books and magazines are zero rated for VAT, and I believe they treated part of the membership fee as covering the purchase of the zero VAT publication. I don't know if they managed to get a tax reduction out of this, but that was the explanation the RSGB gave at the time.

David

23rd Dec 2017, 10:38 pm	#32
Radio Wrangler Moderator Join Date: Mar 2012 Location: Fife, Scotland, UK. Posts: 22,858	Re: Next BVWS Bulletin A number of clubs and societies put prices on their journals because books and magazines are zero rated for VAT, and I believe they treated part of the membership fee as covering the purchase of the zero VAT publication. I don't know if they managed to get a tax reduction out of this, but that was the explanation the RSGB gave at the time. David __________________ Can't afford the volcanic island yet, but the plans for my monorail and the goons' uniforms are done