URGENT: Upload your VAT number now


#24

I got that email and I forwarded it to stop-spoofing@amazon.com


#25

Shame they don’t have a stop spaming sellers one to send it to :rofl:


#26

Is it not true that you don’t have to be VAT registered if your yearly earnings is less than £80000. Also if my products are zero VAT exempt , do I still need to get my VAT registration done. I now issue my invoice to buyers. Can someone please enlighten me on this. Thank you.


#27

£85,000. But if you are not a UK resident and don’t have physical premises in the UK, I think you have to register whatever your turnover. If you need accurate or more detailed advice, you ought to talk to your accountant


#28

your zero rated items that you sell still count towards your vat threshold which is £85000 (not £80000) if you based in the uk


#29

Thank you for the reply.


#30

actually now i think about it im not 100% certain what i have just written is true about zero rated items as i dont sell them perhaps someone could clarify as i dont want to put wrong info on here


#31

It doesn’t matter if they’re zero rated, it’s based on turnover not vat rate of produce. I initially only sold books which are zero rated, and one of the 1st peices of advice my accountant gave was to register for vat as I would be able to claim back vat paid on business expenses. In effect this meant I received a refund every quarter from the vat man. All businesses are different and I would always advise speaking to an accountant before making any decision, that goes doubly if not UK based.


#32

thanks for clearing that up isabella i thought it was correct but not 100%


#33

I had the same email 2 days ago. I am not VAT registered as I have not reached the VAT threshold to register for VAT. All of my invenotry is stored in the UK and I store no inventory in any European country, though my products are sent from the UK to Europe if I sell there. My sales in Europe are very very low and I do not meet the turnover of any of the European countries to register either. I am pretty concered to see the word URGENT and “read carefully …” in the email. What should we don?