tax Archives

How 25% Tariff & Taxes Might Affect The American Comic Book Industry
There is some irony that America is celebrating Thanksgiving at a time when they are also planning new trade taxes on importers when the American Revolution was classically started over the rejection of tariffs over tea and a certain Botany Bay But I am a Brit, so what do I know? Well, I am a[...]
ComiXology, VAT And Sales Tax
In Britain, any kind of reading material, from the Bible to pornography, is exempt from sales tax As long as it's in print. Digital editions however receive the full whack of Value Added Tax, recently increased by the current government from 15% to 20% Unlike America, tax payment is integrated into the shelf prices, so you[...]
Could Digital Comics Benefit From UK Tax Breaks?
Just while the tax inspectors pop by, you understand. The British Chancellor of the Exchequer, George Osborne, announced his budget yesterday In which, he included a tax break for animation companies, specifically aimed at Aardman Animation, encouraging them not to move abroad for their operations The tax break will be worth around £17 million a year[...]