Uk New E-commerce Vat RulesSeptember 20, 2022 ⚊ 1 Min read ⚊ Views 69 ⚊ NEWS
Selling your products on Amazon or eBay? Then you must think about e-commerce VAT and get a good grasp of the taxes you will need to pay to save you time and from a headache in the future. As you probably know, VAT is a tax that everyone in the supply chain from manufacturers, distributors and retailers, to consumers pays on their purchases. Currently in the UK, VAT is charged at three rates – 20%, 5% and 0%. Just like you pay VAT when you cross the threshold of £85,000 for a brick and mortar store, you need to register and pay VAT for E-commerce.