VAT

Value Add Tax.

Not an exciting subject.

But one that is very much in my mind.

We will be registering for VAT shortly.

We're nearing the threshold where we have to.

But we're doing it voluntarily.

Most of our costs will reduce by 17%.

We'll make 17% less on UK sales though.

There's an opportunity to make more money on exports.

Or pass on the savings.

I've been trying to work out how best to pass on the savings on Gamefound.

Photo by Towfiqu barbhuiya on Unsplash

I've got two blunt hammers to play with:

Product discounts - which affect everyone, including the UK.

Shipping discounts - which can be tailored by region, but don't directly connect to the order value.

Two blunt hammers.

And a sculpture to carve.

I think I have a solution.

A bit of hammer A, a bit of hammer B.

Cheaper prices for most people.

I hope I get it right and it doesn't end up costing us loads of money!