Mr Burns
New member
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- #41
I suspect the club's accountants would argue that all internet purchases are card based and therefore financial in nature. I agree with you that Insider's reply appears to contradict that though!
They couldn't I don't think. All charges from the clearing card company would be VAT free (probably about 10p per debit card transaction, and 1.9% is my guess for credit card transactions), but I wouldn't think charges the club makes to fans would be. At a stretch I cant see the card fee being much more than 50p on average, so the £2 they charge the fans would be over and above this, so not purely a fininacal transaction, and therefore I dont think VAT fee.
As I say, I'm not an accountant, and pay someone loads of money each year to take care of that for me, but that is my understanding of it.
If they charged the fee offline, I could understand it, but it makes no logical sense to do it online but not offline, other than to fleece extra cash out of fans. And I didn't think that was the way of our great club.