I am in an emergency and difficult situation. Marketplace Facilitator Tax
hello, I pay this tax on every order, do you also pay it? _Marketplace Facilitator Tax _ How do I go about getting rid of it?
Seller_BS5lg2keRs2QO
From a previous post you mentioned you were based in Turkey. Amazon are collecting the VAT on your behalf - or perhaps more correctly on behalf of the taxman.
" What are Marketplace Facilitator regulations and how can these affect my business?
Countries are implementing Marketplace Facilitator regulations which mean, under certain conditions, Amazon is liable to collect and remit VAT from customers in respect of your marketplace transactions. One of the elements needed in this respect is confirmation of your business address. It is therefore important to keep your business address up-to-date."
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Seller_BS5lg2keRs2QO
From a previous post you mentioned you were based in Turkey. Amazon are collecting the VAT on your behalf - or perhaps more correctly on behalf of the taxman.
" What are Marketplace Facilitator regulations and how can these affect my business?
Countries are implementing Marketplace Facilitator regulations which mean, under certain conditions, Amazon is liable to collect and remit VAT from customers in respect of your marketplace transactions. One of the elements needed in this respect is confirmation of your business address. It is therefore important to keep your business address up-to-date."
Seller_esvgLzKXw2YAl
Wow, how on earth do you make any money from a sale like that?
The smallest FBA fee, is 60p, which is higher than your selling price.
The cheapest postage you can get in the UK is 65p for a second class stamp.
And if your sending from Turkey, I dread to think what the cost would be.
So if the 8p is knocking your profit off, you need to really think again about what your doing.
