Showing posts with label EU. Show all posts
Showing posts with label EU. Show all posts

Saturday, 14 June 2008

When is Microsoft going to stop ripping off the British People?








Back in September 2007 , we wrote about How the British Consumer is being Screwed. Then we showed examples how we were being overcharged by up to 37%.

Today, I was researching prices for Microsoft Expression Studio Version 2 and found that the overcharging by Microsoft had now reached over 58%!

On the 14-Jun-2008 the US Price was $699, the UK Price was £669.27.

The UK£ / US$ exchange rate closed on 13-Jun-2008 at £1 = $1.945.

Therefore our Price comparison is as follows USPrice = £359.38, the UK Price = £669.27.

Now the UK Price of £669.27 includes VAT at 17.5% and the US price does not include any tax.

Removing the VAT from the UK price £669.27 – (17.5% VAT) = £569.36.

US Price = £359.38 excluding tax.
UK Price = £569.36 excluding tax.
UK more expensive by £209.98 (58.43%)

Now the British Government do not give a toss about the British People and will NOT do anything to change the current price gouging , but the EU has been going after Microsoft with a vengeance and one would hope that this information would be of significant interest to them.