VAT on seller fees - Wheres the invoice?
Ok so amazon are now charging VAT on seller fees. I have been awaiting the report to see how we can send this data to accountants for VAT returns.
Today the merchant VAT invoice dropped in the REPORTS > TAX DOCUMENT LIBRARY
It contains one line for 1st August with seller fees charged, no VAT is applied to this.
Where has the rest of august and the fees with VAT charged gone?
VAT on seller fees - Wheres the invoice?
Ok so amazon are now charging VAT on seller fees. I have been awaiting the report to see how we can send this data to accountants for VAT returns.
Today the merchant VAT invoice dropped in the REPORTS > TAX DOCUMENT LIBRARY
It contains one line for 1st August with seller fees charged, no VAT is applied to this.
Where has the rest of august and the fees with VAT charged gone?
37 replies
Seller_uP9LqiYV3yKFy
As usual, one dept does one thing and then the next dept that should do corresponding action knows nothing about it
Seller_T9qNRaWjUhLfS
Hi, I'm the same any legal entity that , charges VAT is responsible for issuing a VAT invoices, considering all Amazon Fee's are now subject to VAT, then surely the easiest (although) not sure HMRC will consider this acceptable (althought they will have to concede that you are being charged VAT on your fees and your using Amazon's own figures, and I don't see where else we are can get the figures from???), until such times Amazon produces monthly VAT charged certificate covering all VAT charged against you, per month.
Is to just to take the monthly Summary report from the payments section, this at least gives you one figure, for all of Amazon Expenses (which are all VAT'able), then remove the "Commingling VAT" amount so this isn't calculating VAT on a VAT figure and then calculate the VAT from that, eg if your monthly Amazon expenses equal £100K, your commingling VAT is £500, then take this off so £99500 divid by 1.2 and time by 0.2 to get the VAT element which equals £16583.33, then add the commingling VAT element so the final figure is £17083.33. That currently the only way and easiest way to do this. Hope that makes sense. This is basically what I'm using to calculate my monthly VAT amount until Amazon produces a monthly VAT certificate for each seller's account. At least that way your using Amazon's own figures to generate the VAT amount.
Seller_RRRHmdVogebyw
Hi all. Received today in Tax Document Library - Seller Fee Invoices:
August 2024 Product Ads VAT Invoice - OK
August 2024 Merchant VAT Invoice (Selling on Amazon Fees) - OK. One line with 20% VAT that corresponds to Aug 2024 Custom Summary Report.
Fulfilment by Amazon Tax Invoice (Fulfilment by Amazon Fees) - one line with no VAT for one unit sold despite we've sold many units in Aug 2024. Seems invoice is not correct as it does not corresponds to Aug 2024 Custom Summary Report. Does VAT is applicable to Fulfilment by Amazon Fees?
Where's the rest and what to do?
Seller_YxCImSFowZw4r
same for us. has anyone opened a case up?
Seller_T9qNRaWjUhLfS
I've received Amazon Sellls Fees invoice, presumably the FBA fee's are most people biggest or next biggest fee's . Looking the monthend Summary sheet, Amazon List 19 different types of fee's in the expenses column, which as ALL FEE'S PROVIDED BY AMAZON ARE NOW VAT'ABLE will we be expected looking for 19 separate VAT invoices to cover this??? Every month ???
Seller_ucKcOp7J4IwRe
Same here - been struggling with this all morning. We need a concise report that lists all the VAT charged.
I have a opened a case but the seller support are just directing me to the wrong report in the tax library.
Has anyone made any progress?
Thanks
Seller_hmoRxI6yWNIOH
hi, iv had to message them today, here is there response to me,...
After reading your correspondence, I understand you have contacted us regarding Merchant VAT Invoice and Fulfillment by Amazon Tax Invoice are missing in the Seller Fee Invoices tab
Please be informed that the invoices for August month are not yet released due to some on going issue. They will be released next week and you should be able to get them by next weekend.
If the invoices are not released next week, feel free to contact us again.
Seller_BKfJo4UJd1I0w
Same issue. No invoice available for FBA transaction fees. This is the largest of expenses for me. Ive opened a case but no joy as of it.
Following this thread.
Seller_gvTBE7xHQVaBD
i opened a case about it and they said it will shown in august invoices soon they said
Seller_a7KfTOsGyRvnj
What a complete and utter mess. The invoices have now appeared but they are all over the place. Some have VAT on FBA Fees, some don't. Some have VAT on Selling on Amazon, some don't. Some are completely missing.
