Vat Calculation Services
I have not enrolled in this yet, is it just for pricing and invoicing, can some one confirm that it does not mean amazon are collecting vat,
Vat Calculation Services
I have not enrolled in this yet, is it just for pricing and invoicing, can some one confirm that it does not mean amazon are collecting vat,
1 reply
Seller_d8YGbIjNqwFxn
No it doesn't mean Amazon are collecting VAT
If you decide to enrol Amazon will calculate how much VAT is payable on each order and provide invoices automatically for your customers.
If you use any non standard VAT rates you need to ensure your products have the correct Product Tax Type Code set against it.
Benefits for me enrolling is that I don't have to upload invoices for business customers and also the calculation of VAT payable which helps me with my VAT return.
It is totally optional though and you don't have to enrol.
