VAT on fees change
Has anyone seen the change on their fees yet?
It's supposed to happen today but my fees are still showing net.
(Edit - I've just realised the fees are Net on inventory page but on the payments page (transaction view), the VAT has been deducted with the fees)
VAT on fees change
Has anyone seen the change on their fees yet?
It's supposed to happen today but my fees are still showing net.
(Edit - I've just realised the fees are Net on inventory page but on the payments page (transaction view), the VAT has been deducted with the fees)
31 replies
Seller_JkTq8VxPcrhoa
is it charged on FBA Fee only or on Referral fee also? Can you put an example of a transaction plz
Seller_0L2wIKRLuFYXz
Mine has happened but it does not show as tax on the sold dispatch email. I just noticed that if I compare same item sold yesterday before the change that the overall fee today is higher by 20%
Seller_0msMReDTskp1Y
Yes, it started at midnight on 1 Aug for me.
That's another hit to cashflow after recently getting enrolled in the DD+7 disbursement saga.
We're VAT registered so we'll get it all back but I imagine we'll have to wait till the end of each month for Amazon to produce a report showing how much input tax they have collected from us. It's working out at about £1 for each FBA sale and 40p for each FBM for us.
It's making a mess of our daily sales figures as they are being surpressed by about £50, then we'll have a £1500 bonanza when it comes back at the end of the month.
Seller_NKHBoM2j6x8L3
Yep, about 60p a sale of £14.99
That's a big leap.
Seller_FhcGxGcbFKlge
Here is an example of what it looks like:
I discovered it today... Terrible for our cash flow...
Seller_NbVRNVFKqcciN
Time for Amazon to enable automatic daily payouts in line with other sales channels.
Seller_5yoXu27m4d7XW
Yes, unfortunately, from 1st of August.
20 percent vat on Amazon fees is being charged now.
Seller_HieTrNjZcTmE3
Question does anyone know if amazon are going to issues us a VAT invoice now they are charging us VAT.
