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So, recent research from TNS/Zeus Technology shows that 82% of UK online shoppers said that if a website performed badly it would dissuade them from buying goods from that organisation on the web or in store.
The survey was based on a sample of over 2,000 shoppers and shows that each of them will abandon around 5.5 online purchases every year due to poor website response times.
From 1st January 2010 EU businesses will have to account for the reverse charge to VAT on the cost of services provided from offshore locations outside of the EU as a result of the Finance Act 2009.
Under current legislation the place of supply for VAT purposes is deemed to be the country where the supplier is based. If a supplier is based outside of the EU there is no VAT liability.
Weak demand continues to force organisations to reduce their cost base and IT budgets are still a major target for cost-cutting. This puts CIO's under intense pressure to balance cost-cutting with the need to deliver high-value services to the business.
Where cuts are made they must improve efficiency, not reduce effectiveness.
The challenge for CIO's is to:
e-Skills UK survey shows firms top priority is costs and chief worry is the strength of the pound
Cost cutting is the number one priority for IT leaders this year, according to research by sector skills council e-Skills UK.
The survey of 2,000 IT managers showed that 61 per cent of companies say reducing costs would have more emphasis over the coming year, compared with just eight per cent who thought there would be less priority. The remaining 31 per cent said there would be no change.