Developed and launched a duty and tax engine for e-commerce participants.

Summary

Hurricane Modular Commerce Ltd has developed a duty and tax engine for use by online retailers. With the volume of international online retail increasing, retailers face the problem of being able to show prospective consumers the total cost of a purchase which includes cross-border shipping, duty and taxation that may apply when importing/exporting online purchased items.  The Company’s proposition seeks to enable retailers to accurately show the total cost to shoppers before purchase, with the Company suggesting that this could improve the conversion rate of purchases.

Product

Technology Growth EIS

Sector

Business enterprise software

Status

Closed

HMRC

Advanced Assurance

Company Website

https://goo.gl/N8Zvi5