by Berniem
20. January 2012 11:46
Royal Mail has posted an announcement on its website stating that the following products and services, including all bulk products, will become liable to VAT from 2 April 2012:
Advertising Mail (70, 120, 700 and 1400)
Automated Standard Tariff Large Letter
Cleanmail
Cleanmail Advance
Cleanmail Plus
Do not redirect
First and Second Class Standard Tariff Account mail
Mailsort (70, 120, 700 and 1400)
Ministerial Pouch Services
Packetpost
Packetsort
Packetsort Plus
Packetsort Returns
PO Box Services
Presstream
Redirect Diversion
Response Services (inc licence fees)
Sustainable Mail
Walksort
While most businesses can claim back VAT payments, charities and companies working in the financial services, two of the biggest users of advertising mail cannot claim back the VAT. So if you are in either of these sectors, this will have a significant impact on your business. It will be even more essential that customer mailings are accurately targeted and valuable budget and resource is not wasted on out of date data.
Data8 provide a complete online data cleansing service, where files can be uploaded and processed 24 hours a day 7 days a week. Prior to any mail activity duplicates, deceased, mps and goneaway records can all be suppressed to ensure you are not wasting any valuable budget. You also have the ability to load, process and view the results achieved in a data audit without any commitment to buy. If the audit demonstrates the data is accurate you have ensured you are targeting accurate customer information without any upfront investment.