There have been some changes to the procedures and documentation required for the zero rating of B2B intra EU supplies, intended to harmonise and simplify some areas across the EU. Previously the rules on the evidence required to prove a supply is an intra-EU supply...
This is the Amazon explanation of commingling: If you participate in the FBA Commingling programme, items in your inventory may be swapped with identical items owned by Amazon Retail or other FBA Sellers who have also elected to participate in the programme. When an...
Marketplace facilitator laws require businesses like Amazon and Etsy to collect and remit sales tax on behalf of their vendors. Ever since the Supreme Court’s Wayfair decision, state governments have been passing new sales tax legislation that applies to remote sales...
E-Commerce accounting is actually unique and has challenges that accounting for other businesses doesn’t have. Here’s why…… VAT and GST You might not be selling outside the UK but selling online is not limited by international borders so there’s every chance that you...
It is clear from questions being posted on forums that there is a lot of mis-understanding over the E-commerce VAT treatment of transaction charges when using services such as Stripe and Paypal. First of all, we need to get to grips with some terminology: Reverse...