VAT on Product Final Price
Hi,
At revenue calculator I notice there is an "Other Cost" automatically showes some amount while using mobile app. On laptop or computer tge same option mentioned as VAT in percent and by default it shows 20%.
My question is: do I need to pay the VAT on my each sale?
Note: I am not VAT registered and my turnover will not go beyond £90000 yearly.
VAT on Product Final Price
Hi,
At revenue calculator I notice there is an "Other Cost" automatically showes some amount while using mobile app. On laptop or computer tge same option mentioned as VAT in percent and by default it shows 20%.
My question is: do I need to pay the VAT on my each sale?
Note: I am not VAT registered and my turnover will not go beyond £90000 yearly.
3 replies
Seller_QuM1AZgzfU9x4
Assuming you meet the conditions for your business being established in the UK, then no you would not.
Seller_UImKvM8RwScxb
Too add to the above, all sellers are charged VAT on the fees Amazon charge on each sale as well.