NETP Uk VAT
Hello everyone,
I am classed as a NETP as i live abroad but have my stock in a UK amazon fulfilment warehouse, this means that amazon automatically collects the VAT on my behalf on every sale and is responsible for submitting it to HMRC.
Does anyone have experience of doing a VAT return taking into account the above, i wont actually have any VAT to pay to HMRC as I only sell on amazon UK so all VAT due will be submitted by amazon. I am under the impression that i still have to file a return to HMRC, I would like to find out how much VAT amazon have submitted for me, where do i find this information on my seller central account? Is there a report that details all VAT for all sales in a specific time period?
Many thanks
NETP Uk VAT
Hello everyone,
I am classed as a NETP as i live abroad but have my stock in a UK amazon fulfilment warehouse, this means that amazon automatically collects the VAT on my behalf on every sale and is responsible for submitting it to HMRC.
Does anyone have experience of doing a VAT return taking into account the above, i wont actually have any VAT to pay to HMRC as I only sell on amazon UK so all VAT due will be submitted by amazon. I am under the impression that i still have to file a return to HMRC, I would like to find out how much VAT amazon have submitted for me, where do i find this information on my seller central account? Is there a report that details all VAT for all sales in a specific time period?
Many thanks
1 reply
Seller_ZVAz3d5lZuGid
Don't think you have fully understood. As you are a NETP and storing your goods in UK for FBA then you MUST be VAT registered here, and submit quarterly VAT returns to HMRC. You can claim back all the VAT you have paid for goods, and any business purchases, but you also have to pay the VAT that you owe/charge.
" i wont actually have any VAT to pay to HMRC as I only sell on amazon UK so all VAT due will be submitted by amazon." - I really am not sure that is the case, but as I am not VAT registered then not 100% sure ?? Hopefully someone else will advise who does know.
