Amazon VAT Notifications
We are being selling form last one year and at first we have appealed to amazon to exempt us from VAT and amazon exempt us from VAT but now our funds and inventories are on hold and we got email that you should pay your VAT on all your sales from 2021, so our question is that VAT is 20% so we on all our sale the VAT amount is above from our profit measn we didnt make much profit and we will pay the VAT and there is no other option left for us just to pay the VAT, so if this was mandatory to pay VAT so why amazon exempt us from VAT so now our whole business is stucked due to this issue.
Amazon VAT Notifications
We are being selling form last one year and at first we have appealed to amazon to exempt us from VAT and amazon exempt us from VAT but now our funds and inventories are on hold and we got email that you should pay your VAT on all your sales from 2021, so our question is that VAT is 20% so we on all our sale the VAT amount is above from our profit measn we didnt make much profit and we will pay the VAT and there is no other option left for us just to pay the VAT, so if this was mandatory to pay VAT so why amazon exempt us from VAT so now our whole business is stucked due to this issue.
0 replies
Seller_ZVAz3d5lZuGid
The first question is - do you actually live in UK ? - if not and you store your goods in UK for FBA, then you MUST be VAT registered here, as the exemption threshold ONLY applies to UK residents.
