What Is VAT? Value Added Tax (“VAT”) is a consumer tax in the UK and EU. VAT is imposed at each stage of the supply chain. As a business, you can claim back any VAT you pay your suppliers on your costs. However, you must add VAT to your sales prices and collect and...
In the dynamic world of e-commerce, establishing a business as a limited company in the UK presents a strategic advantage, particularly for small and medium-sized businesses aiming to expand their market reach and solidify their professional reputation. Operating as a...
Amazon sellers in the UK, Germany, France, Italy, Spain, the Netherlands, Poland, Belgium, and Sweden have all recently received a notification from Amazon that the Vat treatment of fees will change from 1 August 2024. The notice refers to “Selling on Amazon,...
Understanding VAT on Google Advertising: A Guide for E-Commerce Businesses Digital advertising is an indispensable tool for businesses looking to expand their reach and engage with potential customers. Google Ads, a leading platform in digital advertising, offers...
Understanding the VAT Threshold and the Reverse Charge Mechanism for E-Commerce Businesses For e-commerce businesses, navigating the VAT threshold can be a critical aspect of managing their finances and compliance obligations. The VAT threshold represents the turnover...
In recent years, the rise of online marketplaces like eBay has provided individuals with unprecedented opportunities to sell goods and make extra income from the comfort of their own homes. However, amidst the excitement of turning clutter into cash, it’s...
