I pay £4.99 + vat for Microsoft365 per month. But Microsoft take £1.00 in vat (instead of £0.998) so they gain £0.002 every month which is 2.4p per year. Whilst I can afford the 2.4p it occurs to me to wonder who gets the cumulation of those thousands of 2.4pences per annum. If Microsoft take the total of all the £4.99's and pay 20% on that then they will pocket the extra. I think!! If they pay 20% on every individual £4.99 then presumably HMRC pocket the difference. Either way it's money that should stay with the subscribers.
For a company the size of Microsoft these 2.4pences represents probably a huge amount of money.
Any thoughts.
Sandy
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