What do you think guys chinese will no longer able to sell at cheap price!! seems like end game for them in UK
Hello!
With brexit, a new set of VAT regulations will be implemented in the UK market from January 1, 2021. This email contains information that may be critical to your business. Please read it carefully.
If you ship goods from outside the UK to UK buyers:
O) the current VAT exemption policy will be cancelled for goods with a consignment value less than $15. All goods you sell are subject to VAT.
O) if the value of the consignment does not exceed gbp135, the applicable VAT must be collected and paid by Amazon.
O) if the value of the consignment exceeds £ 135, you will still have to pay your own VAT and all import duties as at present.
If you ship goods to a UK buyer through inventory in the UK and your company is incorporated outside the UK, the applicable VAT must be collected and paid by Amazon. This applies to both sellers using Amazon logistics in the UK and sellers using third-party distribution.
If you ship goods to a UK buyer from outside the UK and the buyer has VAT registered in the UK (corporate and institutional buyers), Amazon does not need to collect and pay VAT on behalf of you. Buyers who have registered VAT can declare UK VAT on their own through their VAT returns.
In response to these changes, please ensure that the details of your seller's platform account are up-to-date, and that the market price published in Amazon mall always includes VAT.
Warning Amazon link
The UK government expects to issue a final revision of the VAT legislation in the fourth quarter of 2020. We will help you prepare for these changes and will keep you informed of any changes in current expectations. Please refer to our help page for the latest information:
https://sellercentral-europe.amazon....F678GXLDTTTETZ 。
Warning Amazon link
Please also note that the above changes will not change your VAT registration obligations. If you need help with VAT registration and reporting in the UK, Germany, France, Italy, Spain, Poland and the Czech Republic, please visit Amazon VAT integration services page to register:
https://sellercentral-europe.amazon....rvices?ref=eu_ DR_ VISALP#/welcome。
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