by Chloehill1 Investigator
Investigator

I would like to cancel my 24 month contract early

I would like to cancel my 24 month contact early as I can no longer afford the bill. Would this be possible ?

11 REPLIES 11
by Grand Master
Grand Master

Re: I would like to cancel my 24 month contract early

@Chloehill1: It'll be possible but it won't save you much. You'll still have to pay off the whole of the remaining contract term less VAT (16.7%). VAT is not due on termination fees. You did commit to a 24 month contract.

 

If you are struggling with your bill you should contact EE to see what can be done. See What should I do if I can't pay my bill?

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To phone EE: The local rate landline number +44 207 362 0200 or Freephone +44 800 079 8586 - Option 1 for Mobiles; Option 2 for 4G WiFi; Option 3 for Home Broadband & EE TV.

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by Skilled Contributor
Skilled Contributor

Re: I would like to cancel my 24 month contract early

Maybe a slight side note, but isn't VAT 20%?

 

ewan

by Grand Master
Grand Master

Re: I would like to cancel my 24 month contract early

Yes, VAT is 20% of cost (pre-VAT) price. So working backwards it is 16.7% of the selling price.

 

If you wanna do the maths: SP = CP+VAT = CP+20%xCP= 120%xCP

Therefore VAT = SP-CP = SP-SP/120% = SP-SP/1.2 = (1.2xSP-SP)/1.2 = 0.2/1.2xSP=1/6xSP = 16.7%x SP

__________________________________________________________________________________________
If you think I helped please feel free to hit the "Thumbs Up" button below.

To phone EE: The local rate landline number +44 207 362 0200 or Freephone +44 800 079 8586 - Option 1 for Mobiles; Option 2 for 4G WiFi; Option 3 for Home Broadband & EE TV.

ISPs: 1999: Freeserve 48K Dial-Up => 2005: Wanadoo 1 Meg BB => 2007: Orange 2 Meg BB => 2008: Orange 8 Meg LLU => 2010: Orange 16 Meg LLU => 2011: Orange 20 Meg WBC => 2014: EE 20 Meg WBC
by Skilled Contributor
Skilled Contributor

Re: I would like to cancel my 24 month contract early

Ok, i understand how you get to 16.7% now, but I'll stick to 20% Smiley Wink

by Grand Master
Grand Master

Re: I would like to cancel my 24 month contract early

You'll be undercharging yourself Smiley Wink.

__________________________________________________________________________________________
If you think I helped please feel free to hit the "Thumbs Up" button below.

To phone EE: The local rate landline number +44 207 362 0200 or Freephone +44 800 079 8586 - Option 1 for Mobiles; Option 2 for 4G WiFi; Option 3 for Home Broadband & EE TV.

ISPs: 1999: Freeserve 48K Dial-Up => 2005: Wanadoo 1 Meg BB => 2007: Orange 2 Meg BB => 2008: Orange 8 Meg LLU => 2010: Orange 16 Meg LLU => 2011: Orange 20 Meg WBC => 2014: EE 20 Meg WBC
by Skilled Contributor
Skilled Contributor

Re: I would like to cancel my 24 month contract early

Nah, just divide by 1.2 Smiley Happy

 

 

by Chloehill1 Investigator
Investigator

Re: I would like to cancel my 24 month contract early

I am paying £38 a month so if I cancel how much would it work out if I cancelled with VAT etc 

by
EE Community Support Team

Re: I would like to cancel my 24 month contract early

Hi @Chloehill1,

 

Welcome to the EE Community.

 

If you get in touch with customer services they'll be happy to calculate an exact figure for you.

 

Thanks

 

James

by Profile closed
Not applicable

Re: I would like to cancel my 24 month contract early

EE now also remove a further 4% from early termination fees after the VAT has been removed.  Full details here.

by Grand Master
Grand Master

Re: I would like to cancel my 24 month contract early

About £31 for each remaining month of your contract term. 

__________________________________________________________________________________________
If you think I helped please feel free to hit the "Thumbs Up" button below.

To phone EE: The local rate landline number +44 207 362 0200 or Freephone +44 800 079 8586 - Option 1 for Mobiles; Option 2 for 4G WiFi; Option 3 for Home Broadband & EE TV.

ISPs: 1999: Freeserve 48K Dial-Up => 2005: Wanadoo 1 Meg BB => 2007: Orange 2 Meg BB => 2008: Orange 8 Meg LLU => 2010: Orange 16 Meg LLU => 2011: Orange 20 Meg WBC => 2014: EE 20 Meg WBC
by Grand Master
Grand Master

Re: I would like to cancel my 24 month contract early

@Chloehill1  Read THIS and you’ll be able to work it out yourself. 

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