Hi there.
This is a question that I'm going to be posing to the HMRC at the beginning of next week, but I just wanted to throw it out there to see how other people deal with it. Are video games seen as goods or services when it comes to taxation? Plus do people tend to just assume one based on popular practices?
It maybe that there is a clear cut answer on this, but for the sake of not shooting myself in the foot over a possible grey area, which has possible tax calculation implications, I think it'll be interesting to see peoples opinions and knowledge on this.
Aimee.
Goods and services
This is a question that I'm going to be posing to the HMRC at the beginning of next week,
Wiki
Her Majesty's Revenue and Customs (HMRC) (Welsh: Cyllid a Thollau Ei Mawrhydi) is a non-ministerial department of the UK Government responsible for the collection of taxes and the payment of some forms of state support.
Don't forget some of your prospective thread answers may arise out of countries not familiar with the acronym.
Yeah, I thought it stood for Her Majesty's Royal Canadian, but that was missing a word at the end.
A game that comes on disc, or is downloaded and does not get upgraded = product.
A social game or online game that gets upgraded, features added every so often = service.
Not that I know how HMRC views things. The above is just the common sense view.
A game that comes on disc, or is downloaded and does not get upgraded = product.
A social game or online game that gets upgraded, features added every so often = service.
Not that I know how HMRC views things. The above is just the common sense view.
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