Seller_18vlReQTGvZO6

HMRC de-VAT registered you

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That's not a thing. If your turnover is over £90,000, or you are not physically established in the U.K. and have stock at a fulfilment centre, you have to be VAT registered. Below the threshold, you can still register for VAT voluntarily.

Hi

I have a question if someone can help please. Come February i think i may be at the threshold for VAT. (£90,000)

I dont want to register for VAT as my profits are small so im trying to keep below the rolling threshold for VAT.

Am i correct that my product sales (as viewed from the homepage in the app) currently at £52,000 is equal to the turnover. Im using this figure to ensure it stays below £90K.

I see from the forum link below that someone states that you need to add all FBA and seller fees if previously claiming vat exemption (which i did up to last month) over the rolling 12 months to the turnover (product sales) to actually calculate turnover .

i.e 52K products sales + all vat exempt fba and seller fees = Turnover

Is this correct and could someone explain this to me as i dont understand the reason why i need to add the fees

Thanks in advance

https://sellercentral-europe.amazon.com/seller-forums/discussions/t/c8a4c7d600e019ba11c0dea71876821a

The threshold is now £90,000

As long as you are established in the UK and you are not registered for VAT then you do not pay VAT on sales if your turnover is below £90,000

Looking at your company on Companies house the Director appears to be a British National based in the UK so you wouldn't normally need to be registered for VAT.

However the director is a Director of 2 active Limited Companies. This may mean you need to register for VAT for both Companies. You might want to talk to an accountant about this.