Irish Seller - UK LTD company
Hi all,
Looking for some advice, I’m based in Ireland started selling about 3 months ago, have done about 8k in sales and really wanted / needed to scale this over the next few months to make an income and felt I was on route. Have setup a LTD company in UK with a UK business account too.
Got an email last week about proof of establishment in UK for VAT. Based in Ireland, I don’t meet the requirements. Got a follow up email today, Amazon said I owe historic VAT and will be charging VAT on my products going forward.
I had no idea, assumed I was going to have to register for VAT at the 90k mark like everyone else. UK accountant wasn’t particularly aware either as I think he mainly just deals with UK based sellers.
I use a prep centre in the UK so all stock is kept in UK, only difference is that I live in ROI.
Am I basically dead in the water already? Or how can I navigate this.
Thanks
3 replies
Seller_k2X0L9mVRT0pW
the fact is you are not a UK resident but a NETP (look it up but your accountant should have known this). This means it’s a legal requirement for you to be VAT registered in UK I’m afraid.
Seller_d8YGbIjNqwFxn
Amazon are correct you have to be registered for VAT and will need to repay any historic VAT. If you are not physically based in the UK and do not have premises and staff in the UK then you must register for VAT.
I would look at getting am accountant who is aware of the regulations for Irish Sellers for further advice
You will need to take rhe financial hit to pay your unpaid VAT
Going forward adjust your prices to take account of VAT.
Amazon have announced they will be launching Amazon.ie soon. This maybe worth looking at.ad am alternative
Seller_ZVAz3d5lZuGid
Yes, as others have said, as a non-UK resident you do need to be VAT registered here - the 90K threshold only applies to UK residents, and if you store your goods here in UK then VAT registration is essential......and get yourself an accountant who knows about these things !
Irish Seller - UK LTD company
Hi all,
Looking for some advice, I’m based in Ireland started selling about 3 months ago, have done about 8k in sales and really wanted / needed to scale this over the next few months to make an income and felt I was on route. Have setup a LTD company in UK with a UK business account too.
Got an email last week about proof of establishment in UK for VAT. Based in Ireland, I don’t meet the requirements. Got a follow up email today, Amazon said I owe historic VAT and will be charging VAT on my products going forward.
I had no idea, assumed I was going to have to register for VAT at the 90k mark like everyone else. UK accountant wasn’t particularly aware either as I think he mainly just deals with UK based sellers.
I use a prep centre in the UK so all stock is kept in UK, only difference is that I live in ROI.
Am I basically dead in the water already? Or how can I navigate this.
Thanks
Irish Seller - UK LTD company
Hi all,
Looking for some advice, I’m based in Ireland started selling about 3 months ago, have done about 8k in sales and really wanted / needed to scale this over the next few months to make an income and felt I was on route. Have setup a LTD company in UK with a UK business account too.
Got an email last week about proof of establishment in UK for VAT. Based in Ireland, I don’t meet the requirements. Got a follow up email today, Amazon said I owe historic VAT and will be charging VAT on my products going forward.
I had no idea, assumed I was going to have to register for VAT at the 90k mark like everyone else. UK accountant wasn’t particularly aware either as I think he mainly just deals with UK based sellers.
I use a prep centre in the UK so all stock is kept in UK, only difference is that I live in ROI.
Am I basically dead in the water already? Or how can I navigate this.
Thanks
3 replies
3 replies
Seller_k2X0L9mVRT0pW
the fact is you are not a UK resident but a NETP (look it up but your accountant should have known this). This means it’s a legal requirement for you to be VAT registered in UK I’m afraid.
Seller_d8YGbIjNqwFxn
Amazon are correct you have to be registered for VAT and will need to repay any historic VAT. If you are not physically based in the UK and do not have premises and staff in the UK then you must register for VAT.
I would look at getting am accountant who is aware of the regulations for Irish Sellers for further advice
You will need to take rhe financial hit to pay your unpaid VAT
Going forward adjust your prices to take account of VAT.
Amazon have announced they will be launching Amazon.ie soon. This maybe worth looking at.ad am alternative
Seller_ZVAz3d5lZuGid
Yes, as others have said, as a non-UK resident you do need to be VAT registered here - the 90K threshold only applies to UK residents, and if you store your goods here in UK then VAT registration is essential......and get yourself an accountant who knows about these things !
Seller_k2X0L9mVRT0pW
the fact is you are not a UK resident but a NETP (look it up but your accountant should have known this). This means it’s a legal requirement for you to be VAT registered in UK I’m afraid.
Seller_k2X0L9mVRT0pW
the fact is you are not a UK resident but a NETP (look it up but your accountant should have known this). This means it’s a legal requirement for you to be VAT registered in UK I’m afraid.
Seller_d8YGbIjNqwFxn
Amazon are correct you have to be registered for VAT and will need to repay any historic VAT. If you are not physically based in the UK and do not have premises and staff in the UK then you must register for VAT.
I would look at getting am accountant who is aware of the regulations for Irish Sellers for further advice
You will need to take rhe financial hit to pay your unpaid VAT
Going forward adjust your prices to take account of VAT.
Amazon have announced they will be launching Amazon.ie soon. This maybe worth looking at.ad am alternative
Seller_d8YGbIjNqwFxn
Amazon are correct you have to be registered for VAT and will need to repay any historic VAT. If you are not physically based in the UK and do not have premises and staff in the UK then you must register for VAT.
I would look at getting am accountant who is aware of the regulations for Irish Sellers for further advice
You will need to take rhe financial hit to pay your unpaid VAT
Going forward adjust your prices to take account of VAT.
Amazon have announced they will be launching Amazon.ie soon. This maybe worth looking at.ad am alternative
Seller_ZVAz3d5lZuGid
Yes, as others have said, as a non-UK resident you do need to be VAT registered here - the 90K threshold only applies to UK residents, and if you store your goods here in UK then VAT registration is essential......and get yourself an accountant who knows about these things !
Seller_ZVAz3d5lZuGid
Yes, as others have said, as a non-UK resident you do need to be VAT registered here - the 90K threshold only applies to UK residents, and if you store your goods here in UK then VAT registration is essential......and get yourself an accountant who knows about these things !
