Important VAT Updates in Amazon UK Market - How to Manage VAT ? - Saqib Azhar

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[faisalejaz]

Sir, if vat final customer ny pay karna ha tu Retailers ki prices increase honi chaiye accordingly, jab k aisa ni ha, retailers ki prices wohi hain pehle wali, Tu retailers ko total sales py 20% tax py karna matlab aisi products search karni pari gy jo k 20% sy more profit dain, agar aik product py 30 % profit Ha tu 20% to tax mn jaye ga apko 10% bache ga.

[sanagillani]

Well explained, much needed information, thank you sir

[muhammadtanzil]

We pay VAT to supplier at the time of purchasing bulk products....can we also pay VAT to Amazon at the time mean we have to pay double VAT at one product

[kamranwattoo]

Agr abhi new account bnaye jay tu us pe start se VAT register krwa lyna chaiye ya jb tk exemption mil rahi hai lyni chaiye

[AJStar-ed]

Sir thanku bht acha smjhaya apny .. mujhe 7.5 fix VAT ka bta den kisi certain amount limit hai k me jb tak reach na krlo tb tak 7.5% fix VAT pay krskta hn ya phir ap tier pe reh sakty hmesha 7.5% pe

[E-Vision]

AOA, Thank you, Saqib sb, for a good awareness vid.
By adding VAT @ 20% the price does not remain competitive, and store get stuck.
I'll give you a real scenario;
A product was selling at £15.5 and giving £1.5 profit before adding selling VAT. Now, to earn £ 1.5 again as profit, I have to increase the price by £4, which will make it £19.5, but then I will go out of the competition, as competitors are still selling it at £15.5 or £16. How to address this situation?

[kamranwattoo]

We are paying VAT by the time of purchasing and and shiping than we also need to pay VAT to amazon on the same product

[artbymeer]

Sir mene ksa ma amazon par account bnanana hy uk ltd py. Mujhy vat saudi government ko dena hoga tu usky lye kia procedure hy kindly explain krdy.

[FM-Services-xf]

I hope you are doing well.
Last month we sent our stock to Germany from UK, we were not aware that we had enabled inventory for DE, CZ and PL.
At the end of the month, we came to know that our account is enabled for the above counties for storage.
In the additional VAT report, it is required to Put VAT no. of Poland Czech Republic, and Germany. We have only for Germany. So we are unable to complete that file. We switched our inventory storage to Germany and the UK only. We missed uploading the file.
Now, this time again it requires the VAT for Poland and Germany, We have only VAT for Germany.
Today is the last date to upload the file. Kindly help us in this situation, we are suffering from this.
We are waiting for your response.
Kind regards,
Bahob

[mailatv]

After amazon email can we add UK residents partner?

[Rah-e-Haq]

with VAT registered LTD company i have started Amazon uk Sellercentrell, how can i avail VAT exemption ??

[Shahidsuk]

Dear Sir, Please respond, Can we add the UK resident as Director also, or it is must to add it as shareholder in order to get vat Exempted, Many thanks

[kamranwattoo]

Much needed information but i have a question i have an account on which i was having exemption but ab amazon ki mail ayi hai k 2021 k bd jo sales un sb pe dyna ho ga sales abhi bhi 85k pounds se kam hai kya mera pechla VAT exampt ho skta hai or ab jb rigister krwaon tb se collection shoro ho skti hai

[IrfankhanAMZ]

I am from Pakistan ny question

agar Ham UK ka residence Nahin ho aur licence bhi na ho. 85000 sell ya hamare liye nahe hai.

Agar day 1 se Amazon 20% VAT Amazon de rahe ya tek ha lakin jab hum product source krengay uk ma tab be hamay 20% VAT Dena hota hai.
Total 40% VAT.

Is a Pakistani ka liye 85000 revenue ha is good ya samaj araha araha hai but I am not UK residence no licence

[almasiqbal]

Sir ham uk ka utiĺity bill kese bnawe. If we are not liviñg in uk. But i have ownd a adress there.

[kamranwattoo]

What is 7.5% fix i that possible i only know about 20%

[warrior]

But jo VAT brands/wholesalers ko pay kia ja raha hai woh kese amazon se sales k VAT se minus krwayngy
And agar Amz VAT collection krne ja raha hai to kia retail price k upr amazon Customers se VAT collect krega ya phe sellers se VAT collect krega cause US market me to Amazon customers se tax leta hai seller se nahi

[meenujain]

We are new amazon seller, we have applied for VAT exemption in November 23 and Amazon accepted the Exemption but on 8th January 2024, we have received an email from amazon ''You are not eligible for automatic receipt generation. According to our records, you do not meet the Terms and Conditions of the VAT registration exemption. Consult your tax advisor to determine your EU VAT registration status and complete your tax settings''. Our total annual sale is even less than 5k pound. Please help. What should we do next?

[aqtraders-zlvb]

what is 7.5% fix and 20% vat option who can get 7.5% fix vat.

[RajaZulqarnainAsif]

Salam. I am a uk resident, VAT exempt seller. I have received the same email. Amazon is asking me to identify myself as a UK resident sole trader. I have uploaded my BRP card. Lets see what Amazon does next