VAT - I can't understand where they get the figure from
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Seller_rgqzY6oIqUqWE

VAT - I can't understand where they get the figure from

Hi everyone,

I have a question re Amazons calculations vs mine.

I have printed off a statement summary for 1 payout period. The total income is £2355.95 (I know I’m not as profitable as the majority of you on here :frowning: ). Anyhow, if I were to apply vat to this I would do £2355.95 x 0.2 = £471.19. However, the statement summary shows tax = £464.57.

Can anyone shed any light on this? I do not sell items of differing vat rates.

Thank you kindly

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