Business seller

[scrubberbytrade]

Can anyone tell me what info you need to upgrade to a business seller on e bay..also do they supply tax number.

TIA

[GrannyT]

You just upgrade. You don't need any tax numbers. I'm not sure what you mean by 'do they supply tax numbers'

[scrubberbytrade]

What I meant was tax registration number...I think I have it right, what kind of info do they need..TIA

[scrubberbytrade]

forgot to ask, are your selling restrictions lifted, when you become a business seller..TIA

[GrannyT]

Originally Posted by scrubberbytrade

forgot to ask, are your selling restrictions lifted, when you become a business seller..TIA

Selling restrictions come in when they cannot prove who you are by public info. If you are on the electorol role or have a valid VAT number you will not get listing restictions on a business account - that's my experience

[scrubberbytrade]

Thank you...How do you get a VAT number, do ebay supply them.

[GrannyT]

Google HMRC and there is a complete section on VAT - unless you are a professional seller I would not recommend it - The paper work needed to maintain your records of VAT liabilities will kill you. I know, I spend at least 4 hours a week on VAT. We have the farm on one account and website trading on another - it's a nightmare - it's not good for stealth as you need to be ready for the visit by the VAT inspectors - If you are professional and paying your taxes then you should have it if your sales breech the threshold

[Stigger]

Originally Posted by grannytranny

Google HMRC and there is a complete section on VAT - unless you are a professional seller I would not recommend it - The paper work needed to maintain your records of VAT liabilities will kill you. I know, I spend at least 4 hours a week on VAT. We have the farm on one account and website trading on another - it's a nightmare - it's not good for stealth as you need to be ready for the visit by the VAT inspectors - If you are professional and paying your taxes then you should have it if your sales breech the threshold

4 hours a week, filliping heck are you a billionaire of something.


ha ha use a charted accountant, your chance of getting a visit are slim to none.

yes i forgot what it is, think its 67,000 before you meat the threshold.


If you turnover is around the 67,ooo you much better trying to keep it under that and staying as a sole trader, the only advantage of going ltd from what i could see is for the v.a.t man

[GrannyT]

Originally Posted by TizWoz

4 hours a week, filliping heck are you a billionaire of something.

:DLOL - I wish TizWoz

The farm account takes up most of the time as so much is zero rated and so much is full rated. We get a VAT reclaim every quarter and it's an important part of the farm finances.

We get a visit about every 18 months

I totally agree with you about limits though. I would avoid reaching those limits at all costs - as I said in my post - VAT registration is only for professional sellers.IMO

[Stigger]

Originally Posted by grannytranny

Google HMRC and there is a complete section on VAT - unless you are a professional seller I would not recommend it - The paper work needed to maintain your records of VAT liabilities will kill you. I know, I spend at least 4 hours a week on VAT. We have the farm on one account and website trading on another - it's a nightmare - it's not good for stealth as you need to be ready for the visit by the VAT inspectors - If you are professional and paying your taxes then you should have it if your sales breech the threshold

4 hours a week, filliping heck are you a billionaire of something.


ha ha use a charted accountant, your chance of getting a visit are slim to none.

yes i forgot what it is, think its 67,000 before you meat the threshold.


If you turnover is around the 67,ooo you much better trying to keep it under that and staying as a sole trader, the only advantage of going ltd from what i could see is for the v.a.t man

[luverlyjuberly]

Can someone talk through registering as a ebay business seller. Do they ask certain questions or is it just a case of clicking a button on an ebay page.

[GrannyT]

As far as I remember you just click on the button. To find out open a new user account and then go through the process - if it goes wrong you've lost nothing and if it goes right you can come back and educate everyone here - simples!!

CompareTheEbayBusinessAccount.com:D