Can someone help understand the change in fees.
Sold a toy last night at £19.99 and fees come out to £3.67. Fees are 15% which would be £3 so what is the extra charge of 67p?
The extra 67p is Vat and Digital Service Tax
VAT on the fees would be the obvious candidate.
Since 1st August there is now VAT on ALL seller fees.
Hello! @Seller_vbPFZrjjoH2c5
This is Roberto. I wanted to follow up here and acknowledge that @Seller_ZJhFeE3tNKzfh is correct on this, the difference you are observing can be attributed to the DST that is in place starting October 1, 2024.
You can see more details in the link below:
For a detailed breakdown of the fees, you can access the Payment reports < Transaction view < Enter the order number = Click the total amount link in the report. This should show you the breakdown of fees.
Regards,
Roberto
Can someone help understand the change in fees.
Sold a toy last night at £19.99 and fees come out to £3.67. Fees are 15% which would be £3 so what is the extra charge of 67p?
Can someone help understand the change in fees.
Sold a toy last night at £19.99 and fees come out to £3.67. Fees are 15% which would be £3 so what is the extra charge of 67p?
The extra 67p is Vat and Digital Service Tax
VAT on the fees would be the obvious candidate.
Since 1st August there is now VAT on ALL seller fees.
Hello! @Seller_vbPFZrjjoH2c5
This is Roberto. I wanted to follow up here and acknowledge that @Seller_ZJhFeE3tNKzfh is correct on this, the difference you are observing can be attributed to the DST that is in place starting October 1, 2024.
You can see more details in the link below:
For a detailed breakdown of the fees, you can access the Payment reports < Transaction view < Enter the order number = Click the total amount link in the report. This should show you the breakdown of fees.
Regards,
Roberto
The extra 67p is Vat and Digital Service Tax
The extra 67p is Vat and Digital Service Tax
VAT on the fees would be the obvious candidate.
VAT on the fees would be the obvious candidate.
Since 1st August there is now VAT on ALL seller fees.
Since 1st August there is now VAT on ALL seller fees.
Hello! @Seller_vbPFZrjjoH2c5
This is Roberto. I wanted to follow up here and acknowledge that @Seller_ZJhFeE3tNKzfh is correct on this, the difference you are observing can be attributed to the DST that is in place starting October 1, 2024.
You can see more details in the link below:
For a detailed breakdown of the fees, you can access the Payment reports < Transaction view < Enter the order number = Click the total amount link in the report. This should show you the breakdown of fees.
Regards,
Roberto
Hello! @Seller_vbPFZrjjoH2c5
This is Roberto. I wanted to follow up here and acknowledge that @Seller_ZJhFeE3tNKzfh is correct on this, the difference you are observing can be attributed to the DST that is in place starting October 1, 2024.
You can see more details in the link below:
For a detailed breakdown of the fees, you can access the Payment reports < Transaction view < Enter the order number = Click the total amount link in the report. This should show you the breakdown of fees.
Regards,
Roberto