For e-commerce business owners, reclaiming VAT on eBay purchases can significantly impact your bottom line. This guide will walk you through the process of reclaiming VAT, helping you maximise your tax savings and boost your business’s financial health....
What Is VAT? Value Added Tax (“VAT”) is a consumer tax in the UK and EU. VAT is imposed at each stage of the supply chain. As a business, you can claim back any VAT you pay your suppliers on your costs. However, you must add VAT to your sales prices and collect and...
In recent years, the rise of online marketplaces like eBay has provided individuals with unprecedented opportunities to sell goods and make extra income from the comfort of their own homes. However, amidst the excitement of turning clutter into cash, it’s...
Following on from the above changes, eBay will collect and remit VAT on consignments up to a value of £135 imported into the UK and sold to consumers. In cases where the seller is a non-UK business and the goods are already in the UK, eBay will collect and remit VAT...
