Amazon VAT charges
I am VAT registered, and paying VAT through my accountant on the turnover generated every 3 months. Does Amazon also automatically collect VAT/tax from me for the same? I am just worried that I might be paying VAT twice, once through my accountant and once through Amazon. Looking at this date range report, I cannot work out whether Amazon does take VAT from me on the sales or not. Can someone help me how it works please?
Thanks
23 replies
Seller_7VbclcPFFRTnc
no - amazon don’t collect or pay any UK VAT for you (presuming you are UK Based)
The VAT amount on your sales is the bottom right hand box
Seller_qZO3ZCjoBXEeL
Per your prior posts, you are a UK resident and a UK business. As such Amazon do not withhold or pay UK VAT on your behalf, your accountant is remitting it correctly.
Seller_JbastRuQIwBLy
I am on the flat rate 6.5% - 7.5% VAT which makes you unelligible to claim back and VAT, so the accountant has not claimed any VAT back. I will clarify what you guys said here with him anyway
Seller_JbastRuQIwBLy
Thanks @PeterB . I send the Amazon VAT Transaction Report, which is under Fulfillment by Amazon and also the Summary report to the accountant.
Seller_OW7MYii4iQeHg
how do you get this report was on my list to do this month
Seller_kVmeezjIyIc0q
I would like to tell you amazon doesn’t have a right to collect VAT on the seller belhft amazon just give the VAT services don’t worry
Seller_J6Dyz4fTlrNI7
Hi
I am new to VAT as well could you please let me know is it your choice to show product prices inclusive VAT OR Exclusive VAT?
I meant can you show price exclusive vat and customer come to know to pay VAT on checkout? or you have to include VAT on your display prices?
thanks
