As one of the world’s largest e-commerce companies, Amazon’s tax practices have come under intense scrutiny in recent years. This is particularly true in the UK, where the company’s tax contributions have been a subject of heated debate. Let’s...
Quite simply, yes. It is subject to the standard rate of VAT of 20%. Can I reclaim VAT on My Amazon Prime Subscription? Since a Prime subscription is subject to VAT, the same criteria would apply that applies to any other business expense. A business that has a UK VAT...
FAB stands for “Fulfilment by Amazon”. Using Amazon FBA services enables businesses to store inventory and fulfil orders without having to own/rent their own warehouses and fulfil orders themselves. Amazon seller’s responsibilities are to ensure that inventory...
How long is a piece of string? Amazon is used by sellers of all sizes, from people who work full-time selling products on Amazon to people who use Amazon selling as a second or third income stream. As ever with all sales platforms, it is essential to understand the...
Introduction For any entrepreneur venturing into the realm of e-commerce, comprehending the nuances of Amazon’s commission structure is vital to unlocking the gateway to profitability. Amazon offers an immense marketplace for sellers to showcase their products...
If you are thinking of selling on Amazon, you may be wondering if you need to set up a limited company in order to do so. The short answer is “no”, but as with many things, the answer is actually more complex than that. Legally, you can sell on Amazon as a private...