FBA Double TAX?
Hi I am new to this amazon and I have chosen to do it with FBA. I am being made to pay tax twice. Is this normal?. Some of my products are making me pay nearly £10 on FBA fees when I know a friend who sells the same products and only has one tax showing in her account for all her products. Which means I cannot compete with pricing.
140 replies
Seller_lljyzgTxr5fgI
Yes it is. The breakdown shows the tax you paid on the sale commission, ie the fee you pay on every item when it sells and then the tax you pay on the Fulfilment of the item, ie when Amazon pick, pack and despatch it for you. The two transactions are separate because Amazon are charged taxes themselves on sales of items and fulfilment of items.
Are you a professional seller or an individual seller? And what is your friend? This might explain discrepencies because as a Pro seller, you pay less in final fees than an individual seller, but you pay £30 a month subscription fee.
Seller_vMsxjZPrdu6uI
OP, does your wholesaler sell only to trade?
Seller_vMsxjZPrdu6uI
On their website, it does say they supply only to trade customers, so you may be okay with Harrisons, but note what @Retro_Emporium says. But in any case profit margins of 19p and similar is not going to help you grow your business.
Seller_7VbclcPFFRTnc
Ah - Good old You-Tube Strikes again
Seller_NoMNQDGnEW5Bx
Is your friend VAT registered and you not?
To FBA an item retailing at £4.99 you need to be buying it at pennies for it to work
Seller_NoMNQDGnEW5Bx
I must admit I’m a bit at a loss as to why someone who found a product that makes money would then tell their friend to sell the same product in direct competition
Seller_vMsxjZPrdu6uI
Good luck @Riz_N_Joy_Easy_Deal. You can make it work with a little determination
Seller_M00gWu6PyeJf5
Please, Please, Please don’t be guided by friends, you tube videos or anything else if you are serious about making a business selling on Amazon. Treat Selling on Amazon as an apprenticeship. Study, and I mean study Amazon university, read the forums daily to see the pitfalls of what can happen if you get things wrong. If you want to make a success of selling on this platform, make sure you’ve got everything right from start. Get it right and with hard work it can be very lucrative, given time. Most long time sellers on here, including ourselves have learnt the hard way and are passing on the best advice. If you really want to carry on going about the way you’re doing things, there is a well known auction site that would probably be more suitable for you.
Seller_wVmY9jjbuEyit
Have you remembered to allow for VAT on the fees? fees are displayed without vat, but you’ll need to add 20%.
FBA Double TAX?
Hi I am new to this amazon and I have chosen to do it with FBA. I am being made to pay tax twice. Is this normal?. Some of my products are making me pay nearly £10 on FBA fees when I know a friend who sells the same products and only has one tax showing in her account for all her products. Which means I cannot compete with pricing.
FBA Double TAX?
Hi I am new to this amazon and I have chosen to do it with FBA. I am being made to pay tax twice. Is this normal?. Some of my products are making me pay nearly £10 on FBA fees when I know a friend who sells the same products and only has one tax showing in her account for all her products. Which means I cannot compete with pricing.
140 replies
140 replies
Seller_lljyzgTxr5fgI
Yes it is. The breakdown shows the tax you paid on the sale commission, ie the fee you pay on every item when it sells and then the tax you pay on the Fulfilment of the item, ie when Amazon pick, pack and despatch it for you. The two transactions are separate because Amazon are charged taxes themselves on sales of items and fulfilment of items.
Are you a professional seller or an individual seller? And what is your friend? This might explain discrepencies because as a Pro seller, you pay less in final fees than an individual seller, but you pay £30 a month subscription fee.
Seller_vMsxjZPrdu6uI
OP, does your wholesaler sell only to trade?
Seller_vMsxjZPrdu6uI
On their website, it does say they supply only to trade customers, so you may be okay with Harrisons, but note what @Retro_Emporium says. But in any case profit margins of 19p and similar is not going to help you grow your business.
Seller_7VbclcPFFRTnc
Ah - Good old You-Tube Strikes again
Seller_NoMNQDGnEW5Bx
Is your friend VAT registered and you not?
To FBA an item retailing at £4.99 you need to be buying it at pennies for it to work
Seller_NoMNQDGnEW5Bx
I must admit I’m a bit at a loss as to why someone who found a product that makes money would then tell their friend to sell the same product in direct competition
Seller_vMsxjZPrdu6uI
Good luck @Riz_N_Joy_Easy_Deal. You can make it work with a little determination
Seller_M00gWu6PyeJf5
Please, Please, Please don’t be guided by friends, you tube videos or anything else if you are serious about making a business selling on Amazon. Treat Selling on Amazon as an apprenticeship. Study, and I mean study Amazon university, read the forums daily to see the pitfalls of what can happen if you get things wrong. If you want to make a success of selling on this platform, make sure you’ve got everything right from start. Get it right and with hard work it can be very lucrative, given time. Most long time sellers on here, including ourselves have learnt the hard way and are passing on the best advice. If you really want to carry on going about the way you’re doing things, there is a well known auction site that would probably be more suitable for you.
Seller_wVmY9jjbuEyit
Have you remembered to allow for VAT on the fees? fees are displayed without vat, but you’ll need to add 20%.
Seller_lljyzgTxr5fgI
Yes it is. The breakdown shows the tax you paid on the sale commission, ie the fee you pay on every item when it sells and then the tax you pay on the Fulfilment of the item, ie when Amazon pick, pack and despatch it for you. The two transactions are separate because Amazon are charged taxes themselves on sales of items and fulfilment of items.
Are you a professional seller or an individual seller? And what is your friend? This might explain discrepencies because as a Pro seller, you pay less in final fees than an individual seller, but you pay £30 a month subscription fee.
Seller_lljyzgTxr5fgI
Yes it is. The breakdown shows the tax you paid on the sale commission, ie the fee you pay on every item when it sells and then the tax you pay on the Fulfilment of the item, ie when Amazon pick, pack and despatch it for you. The two transactions are separate because Amazon are charged taxes themselves on sales of items and fulfilment of items.
Are you a professional seller or an individual seller? And what is your friend? This might explain discrepencies because as a Pro seller, you pay less in final fees than an individual seller, but you pay £30 a month subscription fee.
Seller_vMsxjZPrdu6uI
OP, does your wholesaler sell only to trade?
Seller_vMsxjZPrdu6uI
OP, does your wholesaler sell only to trade?
Seller_vMsxjZPrdu6uI
On their website, it does say they supply only to trade customers, so you may be okay with Harrisons, but note what @Retro_Emporium says. But in any case profit margins of 19p and similar is not going to help you grow your business.
Seller_vMsxjZPrdu6uI
On their website, it does say they supply only to trade customers, so you may be okay with Harrisons, but note what @Retro_Emporium says. But in any case profit margins of 19p and similar is not going to help you grow your business.
Seller_7VbclcPFFRTnc
Ah - Good old You-Tube Strikes again
Seller_7VbclcPFFRTnc
Ah - Good old You-Tube Strikes again
Seller_NoMNQDGnEW5Bx
Is your friend VAT registered and you not?
To FBA an item retailing at £4.99 you need to be buying it at pennies for it to work
Seller_NoMNQDGnEW5Bx
Is your friend VAT registered and you not?
To FBA an item retailing at £4.99 you need to be buying it at pennies for it to work
Seller_NoMNQDGnEW5Bx
I must admit I’m a bit at a loss as to why someone who found a product that makes money would then tell their friend to sell the same product in direct competition
Seller_NoMNQDGnEW5Bx
I must admit I’m a bit at a loss as to why someone who found a product that makes money would then tell their friend to sell the same product in direct competition
Seller_vMsxjZPrdu6uI
Good luck @Riz_N_Joy_Easy_Deal. You can make it work with a little determination
Seller_vMsxjZPrdu6uI
Good luck @Riz_N_Joy_Easy_Deal. You can make it work with a little determination
Seller_M00gWu6PyeJf5
Please, Please, Please don’t be guided by friends, you tube videos or anything else if you are serious about making a business selling on Amazon. Treat Selling on Amazon as an apprenticeship. Study, and I mean study Amazon university, read the forums daily to see the pitfalls of what can happen if you get things wrong. If you want to make a success of selling on this platform, make sure you’ve got everything right from start. Get it right and with hard work it can be very lucrative, given time. Most long time sellers on here, including ourselves have learnt the hard way and are passing on the best advice. If you really want to carry on going about the way you’re doing things, there is a well known auction site that would probably be more suitable for you.
Seller_M00gWu6PyeJf5
Please, Please, Please don’t be guided by friends, you tube videos or anything else if you are serious about making a business selling on Amazon. Treat Selling on Amazon as an apprenticeship. Study, and I mean study Amazon university, read the forums daily to see the pitfalls of what can happen if you get things wrong. If you want to make a success of selling on this platform, make sure you’ve got everything right from start. Get it right and with hard work it can be very lucrative, given time. Most long time sellers on here, including ourselves have learnt the hard way and are passing on the best advice. If you really want to carry on going about the way you’re doing things, there is a well known auction site that would probably be more suitable for you.
Seller_gSzao5tsKB0Ds
Fees are correct… welcome to Amazon
Seller_wVmY9jjbuEyit
Have you remembered to allow for VAT on the fees? fees are displayed without vat, but you’ll need to add 20%.
Seller_wVmY9jjbuEyit
Have you remembered to allow for VAT on the fees? fees are displayed without vat, but you’ll need to add 20%.
