Hi
We are a UK based business and selling EU wide on Amazon’s Pan-European and we are getting pain in GBP into our UK bank account for sales made in the EU sites. In order to avoid losing money when EUR are converted over to GBP for disbursements we have opened a EUR account using TransferWise that has an address in Germany.
Is it going to cause problems when we change the payment info to point to our new EUR account in the EU Amazon sites? Also do we continue paying taxes (not VAT) to UK for the sales made in the EU sites even if Amazon disburse the funds to an account that has address in Germany?
Thanks
Hi
We are a UK based business and selling EU wide on Amazon’s Pan-European and we are getting pain in GBP into our UK bank account for sales made in the EU sites. In order to avoid losing money when EUR are converted over to GBP for disbursements we have opened a EUR account using TransferWise that has an address in Germany.
Is it going to cause problems when we change the payment info to point to our new EUR account in the EU Amazon sites? Also do we continue paying taxes (not VAT) to UK for the sales made in the EU sites even if Amazon disburse the funds to an account that has address in Germany?
Thanks
Yes looks like a setup issue , apologies, here’s the relevant info;
Hi
We are a UK based business and selling EU wide on Amazon’s Pan-European and we are getting pain in GBP into our UK bank account for sales made in the EU sites. In order to avoid losing money when EUR are converted over to GBP for disbursements we have opened a EUR account using TransferWise that has an address in Germany.
Is it going to cause problems when we change the payment info to point to our new EUR account in the EU Amazon sites? Also do we continue paying taxes (not VAT) to UK for the sales made in the EU sites even if Amazon disburse the funds to an account that has address in Germany?
Thanks
Hi
We are a UK based business and selling EU wide on Amazon’s Pan-European and we are getting pain in GBP into our UK bank account for sales made in the EU sites. In order to avoid losing money when EUR are converted over to GBP for disbursements we have opened a EUR account using TransferWise that has an address in Germany.
Is it going to cause problems when we change the payment info to point to our new EUR account in the EU Amazon sites? Also do we continue paying taxes (not VAT) to UK for the sales made in the EU sites even if Amazon disburse the funds to an account that has address in Germany?
Thanks
Hi
We are a UK based business and selling EU wide on Amazon’s Pan-European and we are getting pain in GBP into our UK bank account for sales made in the EU sites. In order to avoid losing money when EUR are converted over to GBP for disbursements we have opened a EUR account using TransferWise that has an address in Germany.
Is it going to cause problems when we change the payment info to point to our new EUR account in the EU Amazon sites? Also do we continue paying taxes (not VAT) to UK for the sales made in the EU sites even if Amazon disburse the funds to an account that has address in Germany?
Thanks
Yes looks like a setup issue , apologies, here’s the relevant info;
Amazon do not accept TransferWise.
Yes looks like a setup issue , apologies, here’s the relevant info;
Yes looks like a setup issue , apologies, here’s the relevant info;
Any help regarding tax payment?