Vat on sales from outside of UK
Can somebody tell me if my understanding is right?
UK is my main market and Im doing FBM from Ireland now but planning to do FBA as well soon.
- for UK FBA or FBM I need to register for Vat by when? It takes long time now since everyone is registering
- for other EU marketplaces Im not reaching the Vat threshold so I do not need to register for Vat for FBM? But many ppl mentioned some date in July for changes, is that affecting me if Im still in EU?
- do I need to register for Vat for FBA in EU PAN if Im nowhere near the Vat limit?
Thank you
0 replies
Seller_qZO3ZCjoBXEeL
Unfortunately that is a set of incredibly difficult/complex questions to answer - doubly so since half the answers will change in July.
I’d suggest speaking to an accountant since the current rules and requirements for VAT registration are all changing. I could advise you now in a very lengthy post, but all rules around EU sales are going to change again in July.
Seller_fZSyYmvbSR21i
Lavaah,
Your not legally required to register for VAT in any Country if you under the distance selling thresholds, and doing FBM (Forfilled by merchant), the moment you start using Amazon Pan European program, you are legally required to get VAT registered for every Country Amazon that you store your stock in which is a minimum of (Germany, France, Spain, Italy) plus (Czech and Poland) if you want better rates on Germany forfillment prices.
My understanding is that from 1st of Jan, the Amazon are legally required to charge and collect VAT on all on sales on UK Amazon from foreign sellers. Because Northern Island has special status it would not surprise if you are now treated as a foreign firm, you don’t need to be VAT registered, but you will need to account for VAT in your final sales prices as Amazon will be deducting this from your final sale. e.g if you sold an item for £10 before your need to charge £12 as Amazon will deduct the £2.00 VAT part and automatically pay it to the HMRC
