Ah, the system…. sometimes, it makes you want to bash your head on the floor!
Authors, don’t you just love getting those emails from Amazon that tell you they are changing the rules?
I assume everyone got the notification about the need to change the price of your books to accommodate the differing VAT charges in different countries?
Here in the UK, VAT is 20%, and Amazon will now deduct that 20% before calculating royalty payments, so to maintain the same income from each sale, (and, if set to the minimum price for the 70% royalty, to remain eligible), we must up our prices.
Now I don’t know about you, but I’ve quite a lot going on over the next few weeks, and so I didn’t forget (this comes into force on January 1st), I went ahead and amended the price of DESPRITE MEASURES, so it didn’t drop 70% eligibility.
I then went back to what I was doing – setting up a Kindle Countdown sale for the…
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