Amazon fees increased by 2% from 1 September. The tax was introduced from 1 April but Amazon have held off passing it on until now. The Digital Services Tax is levied on the revenues of search engines, social media services and online marketplaces which derive value...
UK sellers that currently sell digital services across the EU use the UK’s VAT Mini One Stop Shop (‘MOSS’) to declare and pay the VAT due in EU member states. As the UK leaves the EU this system will no longer be available. The final return period...
When the UK Transition agreement expires on the 1st of January 2021, there will be a number of changes to the way Amazon operates across the new UK-EU customs border: Pan-European FBA inventory transfers will stop between the UK and the EU. However, Pan-European FBA...
This month our director, Steve Blackmore, was interviewed by the YouTube Channel E-Commerce agency, on the subject of e-commerce tax and accounting. You can catch the interview here:
A reminder that the JRS is currently scheduled to end on 31 October. The government contributions reduced to 70% in September and will reduce to 60% in October. Coronavirus Business Interruption loans The CBILS scheme ends on 30 September, but Bounce Back Loans are...