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Jersey

Basel eBusiness Limited
First Floor
International House
41 The Parade
St Helier
Jersey | JE2 3QQ

Telephone: +44 (0)1534 500 900
Facsimilie: +44 (0)1534 500 901

Switzerland

BasTrust Corporation Limited Geneva Branch
24 Route des Acacias | 1227 Les Acacias
Geneva
Switzerland

Telephone: +41 22 318 81 18
Facsimilie: +41 22 318 81 19

Part of the Basel Group 

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Grant Twine,
Managing Director

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eCommerce News with Grant Twine

Basel eBusiness to exhibit at the UK's biggest multi-channel and online commerce solutions event

Tuesday, September 04, 2012

On 2 - 3 October 2012 Basel eBusiness’s MD and eBusiness Manager will be exhibiting at the forthcoming eCommerce Expo 2012 in London, the UK's number 1 event dedicated to online business www.ecommerceexpo.co.uk/.

Grant Twine and Mark James will be in attendance on Stand 1304 for the two day event, which is being hosted at London’s Olympia Exhibition Centre, Hammersmith Road. Dedicated to all aspects of selling online, eCommerce Expo is a must for anyone looking to maximise their online sales.

The Expo boasts the UK's largest gathering of leading industry suppliers and unrivalled networking opportunities for professionals across digital marketing, ecommerce, IT, retail and design, plus other senior level business strategists and will offer a wealth of practical advice, case-study led seminars and the opportunity to hear about the latest technologies, plus presentations from inspirational speakers.

If you’re interested in visiting us at the Expo on Stand 1304, please click on the following link to register for the free event (standard package) www.ecommerceexpo.co.uk/page.html/Action=PreReg/PreRegID=1/t=m, or fill out the form opposite and we will arrange a complimentary ticket for you to access the show.

 

PECAR - that's the way the cookies crumble

Monday, May 28, 2012

On the 26th May 2011 the UK law which applies to how cookies and similar technologies are used for storing information on a user’s equipment (for example computers and mobile devices) changed with the implementation of the Privacy and Electronic Communications (EC Directive) Amendment Regulations 2011 (‘PECAR’).

The EU imposed Directive effectively obliges websites to advise users about cookies and to obtain explicit consent for all forms of website tracking with fines of up to £500,000 applying for organisations who are found to be in serious breach of the new rules.

A 12 month lead-in period was given by the UK Information Commissioner to allow organisations to take steps to comply with the new cookie rules, as they were thought by the UK Government at the time to be ‘difficult to work in practice’. This grace period has now expired and the new rules became effective on the 26th May 2012 and will affect all UK companies.

According to sources, the changes required to achieve compliancy may be onerous and have a real commercial impact due to lost sales caused by changes to behavioural advertising and affiliate marketing, which uses cookies to track user activity. Data platform researchers QuBit estimate that although major sites and ISP’s support the measures, the new regulations could cost UK business £10billion in a worst case scenario and will have a massive impact on digital marketing.

As Jersey is not part of the United Kingdom and also classed as being outside the EU, the new EC Directive and subsequent UK legislation does not apply to businesses based and operating from the Island. By establishing your e-business and basing your servers offshore here in Jersey you could continue with existing e-commerce operations without the need to comply with the new cookie laws.

To discuss how you can establish your online e-business offshore and benefit, please contact Mark James, E-Commerce Manager mark.james@baselglobal.com or Grant Twine, Managing Director, Basel eBusiness on +44 (0)1534 500 900, or fill out the form opposite and have us call you.

Update on LVCR High Court Appeal

Friday, March 16, 2012

Following the recent Judicial Review brought by the States of Jersey and Guernsey, the High Court yesterday ruled that the UK’s proposed changes to Low Value Consignment relief (LVCR) which effectively excludes the Channel Islands, are consistent with EU VAT law. Subsequently, from 1 April 2012 VAT will apply to all commercial consignments sent directly to the UK from the Channel Islands, irrespective of value.

The verdict to scrap LVCR comes following a three day court hearing in London (please see www.gov.je/News/2012/Pages/HighCourtRuling.html

for an official statement on the ruling from from Jersey’s Economic Development Minister). No doubt there will be cause for an Appeal, but we are well aware that this action may take a considerable period of time to conclude with no guarantee of a positive outcome.

Here at Basel eBusiness Solutions, we would like to take this opportunity to reassure our clients that this decision does not mean the demise of the fulfilment industry, and we are already placed to offer alternative solutions for fulfilment operations.

As this limitation only affects goods imported into the U.K. directly from the C.I., we are positioned to be able to organise fulfilment operations into the UK from other jurisdictions, as well as into the mainland European market from the C.I.. Basel eBusiness are working closely with our established international network of service providers in this regard.

To discuss how your online business can continue to take advantage of internet trading with Basel eBusiness Solutions, please call Grant Twine, Managing Director, on +44 (0)1534 500 900, or fill out the form opposite and have us call you.

Swiss Day II Event - 18-19 January 2012 at Swiss Post International - Zurich

Friday, January 20, 2012

In conjunction with fulfilment providers ProFS and international postal operator Swiss Post, Basel eBusiness Solutions yesterday co-presented Swiss Day II  - an event aimed at highlighting the opportunities and explaining the benefits of the distribution solutions available from Switzerland into the UK and to mainland Europe.

Please download this article for event details. 

An update on the seminar will be posted shortly, but if you are interested in finding out more about this event, please call Grant Twine, Managing Director, Basel eBusiness on +44 (0)1534 500 900, or fill out the form opposite and have us call you.

Update on HM Treasury’s announcement of the end of Low Value Consignment Relief (LVCR) to the Channel Islands

Thursday, December 15, 2011

The U.K. Government's intention to take action against LVCR on imports to the UK from the Channel Islands was first announced in the March 2011 UK Budget, initially with an impending  reduction in the threshold below which items are imported into the UK free of VAT, from £18 to £15. This new threshold came into effect on 1 November 2011 and applies to commercial goods imported from the Channel Islands until 1 April 2012. On the 29th November in his Autumn Statement, Chancellor George Osbourne confirmed an earlier HM Treasury announcement that from April 1 2012, Low-Value Consignment Relief will no longer be offered to goods exported to the UK market from the Channel Islands.

In response to this announcement, both Jersey and Guernsey governments sought legal opinions on the legality of this action. Whilst continuing negotiations with HM Treasury, the two territories said they would be working with their respective fulfilment industries to assist them with dealing with the impact that such measures will take. A contingent of local businesses have also announced they will be mounting a strong legal challenge in the form of a Judicial review. This review will be presented on the basis that the figures HM Treasury based their decision to exclude the C.I. on have recently been shown to be flawed, and that the decision is discriminatory.

In the meantime though, we would like to take this opportunity to reassure our clients that this declaration does not mean the demise of the fulfilment industry, in fact, Basel eBusiness are already placed to offer alternative solutions for fulfilment operations even if the directive does become a reality.

As this limitation only affects goods imported into the U.K. from the C.I. we are positioned to be able to organise fulfilment operations into the mainland European market from the C.I. (as the majority of European countries still operate the maximum exemption limit of €22). LVCR imports into the UK from other jurisdictions remains in place (ie the relief remains at £15 for products into the UK from centres outside the EU) and we are working closely with our established international network of service providers in this regard. In fact, Basel eBusiness will be jointly presenting at a Swiss Day seminar with Swiss Post and fulfilment providers ProFS, to be held in Zurich on the 18th and 19th January 2012. This seminar will explain the benefits of fulfilling from Switzerland and we will be explaining what the corporate requirements will be to enable this.

To discuss how your online business can continue to take advantage of internet trading with Basel eBusiness Solutions, please call Grant Twine, Managing Director, on +44 (0)1534 500 900, or fill out the form opposite and have us call you.

Swiss Day for Distance Selling into Europe

Friday, June 18, 2010

Interview with key speakers at the Swiss Day seminar - an event to investigate options for fulfilment from Switzerland   

 

VAT-Free Goods From Jersey

Thursday, April 01, 2010

The States of Jersey Economic Development Committee announced measures for controlling the growth in VAT-free sales of goods through the Island by UK-based companies that use EU concessions on Low Value Consignment Relief (LVCR) – commonly known as the under-£18 relief in the UK. The policy is aimed at encouraging genuine Jersey-based businesses with sound business models to operate from Jersey as it is believed that these businesses will create high value economic growth for the Island. However, Jersey structures that lack substance and are simply conduits for UK businesses to merely facilitate the fulfillment of VAT-free goods from Jersey; will find that opportunities for growth will be limited.

Additionally, this issue has been flagged up in the UK Parliament due to the increasing loss of VAT revenues, particularly following the migration to Jersey of parts of the fulfillment operations of certain high profile retailers. HM Revenue and Customs of the UK are scrutinizing such structures much more from the point of view of whether these re-located businesses are genuinely managed from Jersey and particularly the VAT aspects of the day-to-day operational processes involved.

We and our expert advisers have always maintained that LVCR operations should be set-up with proper substance in Jersey and have advised clients accordingly as to the comprehensive procedures to be followed. We are therefore pleased that official confirmation has now been given in this regard.

In order to assist prospective clients and their advisers regarding VAT-free sales from Jersey, the following issues should be seriously considered. This list is not intended to be comprehensive, but is merely a basis for taking further advice.

  • The Jersey operations should be structured such that the business is managed and controlled from Jersey by Jersey-resident directors.
  • The hosting of the retail website and customer order confirmation process should originate on computer servers located in Jersey.
  • Detailed advice should be sought on critical VAT issues such as place of supply and how to avoid the risk of the place of supply defaulting to the UK through ignorance of VAT issues or incorrect goods handling procedures; time of supply, tax point, "collection" of goods from Jersey rather than "delivery" by the retailer; " EU free circulation" of goods issues; suppliers and customer orders and returns, customer terms and conditions and supplier contracts, affiliate websites, pricing policies, outsourcing of certain functions back to the UK, fulfillment from Jersey to EU countries other than the UK and many other VAT issues. 

RKG Consulting, providing expert support to the Basel Trust Group, has advised a number of small, medium-sized and large companies regarding VAT-free sales from Jersey. Almost all of our clients have commissioned detailed VAT Reports to study their particular circumstances and to advise how the VAT-risk can be mitigated by properly setting up in Jersey.

If you would like to find out more about our services and how we can help your business please contact us by completing our online enquiries form.

Alternatively please feel free to call Grant Twine  or Mark James on +44 (0)1534 500 900.