The Recycler
  • Nubeprint Online 425x90
  • Biuromax Web ad May 2021
  • Ninestar Masthead banner July 2021
  • Katun March Web Advert 2021
  • ECS Web ad October

Channel Islands VARs return to England

Channel Islands VARs return to England

March 21, 2012

IT resellers have begun returning to Somerset aside of the closure of the LVCR tax loophole on 1 April.

IJT Direct and Choice Stationery Supplies are among a number of IT resellers to move operations away from the Channel Islands as the deadline to the closure of the Low-Value Consignment Relief (LVCR) tax loophole is set to take effect on 1 April, reports ChannelWeb.

Suppliers and resellers located in the Channel Islands have been able to distribute low-cost products including printer cartridges and memory cards VAT-free to UK customers, which the council for the Treasury and HM Revenue & Customs argued was “abusive and amounted to tax avoidance”.

An attempt to reverse the decision by the government of Jersey and Guernsey failed, although the decision is expected to attract an appeal.

In the wake of the announcement, Choice Stationery Supplies has announced that it has moved all warehousing back to Somerset effective as of March 2012, following operating its ink and toner shipments from Guernsey since 2008.

Bentham Ltd, a Taunton-based cartridge supplier which has been based in the Channel Islands since 2006 and recently suffered a fire at its Somerset factory, has confirmed that it will relocate IJT Direct, one of its businesses, before 1 April.

However Anthony Moxon, owner of Bentham Ltd, has stated he is still considering options for relocating with his more “price-sensitive” businesses that operate through eBay and Amazon: “The HMRC ruling only applies to the Channel Islands and there are a number of alternatives as to where we might ship from, including Switzerland. We are still crunching the numbers on a number of alternatives and watching what everyone else is doing.

“It is relatively easy to HMRC to deal with Channel Islanders. But if Switzerland is a viable option – which I am not saying it is – I’m not sure the Treasury would be comfortable going to war with them.

“We would absolutely prefer to go back to the UK. We are based in Somerset, which gives us some price advantage. But if you are not the least expensive supplier on eBay or Amazon, you will not sell anything. If someone finds a less-expensive route to market, we will have to follow them.”

Categories : Products and Technology

Tags : Market Data UK

  • Static Web ad July 2021
  • Armor May banner Ink
  • GPI Web ad October
  • Mito September 2021 Web Advert
  • IR Italiana Web ad January 2021
  • Aster Web ad October
  • GM Tech Web ad October
  • Ninestar Big & Bold July 2021
  • Apex web ad May 2021 version 2
  • Adter Recruitment Web ad April 2021
  • PCL Web ad January 2021
  • CET Web ad September 2021
  • HYB Web ad February 2021
  • CTS Toner Supplies Web ad April 2021
  • ITP Web ad January 2021
  • PW Dubai December Ad
  • Ohana July 2021 web advert
  • CET Web ad September 2021
  • ITP Web ad January 2021
  • PW Dubai December Ad
  • PCL Web ad January 2021
  • Adter Recruitment Web ad April 2021
  • Ohana July 2021 web advert
  • HYB Web ad February 2021
  • CTS Toner Supplies Web ad April 2021
  • HYB Web ad February 2021
  • Adter Recruitment Web ad April 2021
  • PCL Web ad January 2021
  • PW Dubai December Ad
  • Ohana July 2021 web advert
  • ITP Web ad January 2021
  • CET Web ad September 2021
  • CTS Toner Supplies Web ad April 2021

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark