Apple savings do not give UK educational discount

Discussion in 'Buying Tips and Advice' started by Sycren, Jul 19, 2011.

  1. Sycren macrumors newbie

    Joined:
    Feb 25, 2011
    #1
    Just bought an imac 27" with a university discount. This came with a free £65 mac store voucher although this cost was added to the bill. The only savings on the bill was £54.17, any idea what has happened? Has Vat somehow been applied to this wrongly? Or am I actually paying around £10 to actually get this 'free' voucher?
     
  2. iStudentUK macrumors 65816

    iStudentUK

    Joined:
    Mar 8, 2009
    Location:
    London
    #2
    OK so the £54.17 is £65 without VAT. Are the VAT savings listed later in the bill?
     
  3. ag227 macrumors regular

    Joined:
    Jun 11, 2007
    #3
    The total value at the end is correct.

    I think that becasue the gift voucher is subject to 0% vat, then the pre vat price is obviously still £65.

    Then in the saving, it says a saving of £54.17 before vat. I think this is because it is calculating the hole basket with vat at 20%, therefore a saving of £65 with VAT at 20%.

    eg for macbook pro.

    £716.00 (ex Vat) 859.20(inc Vat)
    £65.00 (ex vat) £65.00 (inc vat)

    Basket Subtotal£781.00.
    Free Delivery£0.00.
    Savings (ex. VAT)-£54.17.
    VAT £132.37.
    Order Total£859.20.
    Total savings (excl. VAT)£54.17

    So the order total is correct.

    They way to think of it is that you are paying full price for the card, but getting £65 including vat off the Mac. Which saves apple £54.17 but also means £10 ish is saved on their vat bill to the goverment.
     
  4. Sycren thread starter macrumors newbie

    Joined:
    Feb 25, 2011
    #4
    ah you are right, but I still think that the order of this bill is wrong. The savings should read £65 as this is also the cost before tax.
     

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  5. gnasher729 macrumors P6

    gnasher729

    Joined:
    Nov 25, 2005
    #5
    To you it makes no difference. But to Apple, it makes £11 difference. And to the tax office as well.

    Apple let you save £65 after tax, which for you is the only relevant amount. If they gave you a free £65 card, Apple would have to pay the VAT of your full price MacBook. Instead they gave you a £65 rebate on the MacBook, so now Apple pays VAT on the price of the MacBook minus £65. So Apple pays 20% of £65 less to the tax office.
     

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