UK Mail has reached an agreement with Royal Mail that will enable it to avoid VAT, The Times reports.
The deal could trigger further business for UK Mail with non-VAT registered groups such as banks and charities.
Royal Mail has always held an advantage over its competitors as it has been exempt from VAT, while its rivals have had to pay the tax. The European Commission is currently investigating the matter.
Under the new deal, UK Mail will be able to to act as an agent for Royal Mail, which will allow it to benefit from Royal Mail's exempt status.
Instead of having to charge its customers VAT on the entire 16p-17p fee per item, UK Mail will only have to charge VAT on the 3p-4p element that represents the collecting and sorting work done by Royal Mail.
ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE
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RM in bed with UK Mail.
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The Fozzmeister mentioned this in another thread,so what does it mean then,is it a case of if you can't beat them,join them??
It looks like we're giving them a leg up!!
It looks like we're giving them a leg up!!
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.