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)
0 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.
