Re: EBAY / VAT new legislation
I have just gotten a message from Ebay as follows:
"eBay has been notified that your listings are not compliant with UK local law (and eBay policies) due to your failure to display a valid VAT number on your listings. Please go into My eBay > Account > Site preferences > Business seller preferences and update your details to include a valid VAT number. Please ensure that a valid VAT number is displayed on all listings by 23 January 2015. Failure to comply with this requirement will result in eBay taking appropriate action on your listings and account, in accordance with the eBay User Agreement. Please note that this may involve removing the non-compliant listings and the suspension of your eBay account until the legally required information is provided."
I am not sure how this i not all over the forums, has anyone had this happen and just not put a VAT number in and seen what happened? I have a US company so we just pay VAT on import and do not remit the 20% as we do not include it in our selling price. We have an EORI number for import to the UK but no VAT number. I am stumped with what to do with this as we don't have anywhere near 20% margins to give up 20% of our selling price.
Does anyone have any thoughts?
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