Blyton Pereira
-
RE: U.K. VAT requirement for foreign sellers
Thanks a lot for confirming. Its much clearer now. So to finalize my understanding, can you please confirm if the below statements are true ? We sell products ranging from 10 GBP to 2200 GBP. This means it crosses the 135 GBP amount and hence I should be registered for VAT, even though all my products are based overseas and I am not physically present in the UK and do not have any registered address/office in the UK. In terms of who pays the VAT: 1) for all products I sell that are below 135 GBP, UK VAT should be charged to the customer at point of sale. - If the sale is made through a online market place eg Ebay then they should charge and account for the VAT 2) for all products I sell that are above 135 GBP, UK customers will need to pay when it arrives in the UK at the time of import Thanks -
RE: U.K. VAT requirement for foreign sellers
Thanks both. Excuse me but I am still a but confused as fairly new to these VAT policies. Let us take 2 examples with the difference being the minimum value of an item being sold. Example: I as a seller am based in Switzerland. All my products are in Switzerland. I sell on ebay.co.uk products ranging from GBP 30 - 2200 per item. Total yearly sales exceeds 85k GBP. When it arrives in UK normally customers have to pay customs/duties depending on the value. Example: I as a seller am based in Switzerland. All my products are in Switzerland. I sell on ebay.co.uk products ranging from GBP 150- 2200 per item. Total yearly sales exceeds 85k GBP. When it arrives in UK normally customers have to pay customs/duties depending on the value. In each of the examples above do I need to register for VAT? My understanding in both cases since the customer is buying from me using ebay.co.uk, the customer is the importer. Let me know if my understanding is correct? Thanks -
U.K. VAT requirement for foreign sellers
Hello I am currently a seller on an online platform eg eBay.co.uk. I am based outside the EU in Switzerland. All products are shipped from Switzerland to the U.K. so there is no stock held in U.K. value of products range from 50£ to 2000£ If i sell products to U.K. buyers am I required to register for U.K. VAT in this case ? Thanks Blyton