VAT Changes at Amazon - Clearification!
- Thread starter slds
- Start date
godschild08
New member
I don't think there will be some frustrating about VAT, we have to pay VAT who is collecting no matter, everything will be as per VAT law. Only thing we have to do is mange the things as per law instead of famous term "Jugaad"
ralphwillow
New member
ralphwillow
New member
@ralphwillow nopes
ralphwillow
New member
woodlittle
New member
@slds Bhai
I think you and everyone are talking about NETPs (Non Established Taxpayers) HMRC introduced this scheme for non-resident traders.
NETP, any person who is not normally resident in the UK, does not have a UK establishment and, in the case of a company, is not incorporated in the UK.
But in Pakistan all the people have the UK company so they are eligible for Corporatation Tax (19% - 25%) but for VAT they are not eligible until it meets the threshold of £85k according to HMRC laws.
I think you and everyone are talking about NETPs (Non Established Taxpayers) HMRC introduced this scheme for non-resident traders.
NETP, any person who is not normally resident in the UK, does not have a UK establishment and, in the case of a company, is not incorporated in the UK.
But in Pakistan all the people have the UK company so they are eligible for Corporatation Tax (19% - 25%) but for VAT they are not eligible until it meets the threshold of £85k according to HMRC laws.
@woodlittle yeah right point,
sorry wrong information. it does not depend on UK Ltd, and even being UK Ltd can be NETP.
As per HMRC
'A UK establishment exists if either the:
place where essential management decisions are made and the business’s central administration is carried out is in the UK
business has a permanent physical presence with the human and technical resources to make or receive taxable supplies in the UK
We would normally consider a company which is incorporated in the UK to have an establishment in the UK as long as it’s able to receive business supplies at its registered office.'
As per HMRC
'A UK establishment exists if either the:
place where essential management decisions are made and the business’s central administration is carried out is in the UK
business has a permanent physical presence with the human and technical resources to make or receive taxable supplies in the UK
We would normally consider a company which is incorporated in the UK to have an establishment in the UK as long as it’s able to receive business supplies at its registered office.'
woodlittle
New member
@woodlittle at least he is right .Why are guys misleading people it was AMazon blunder to let you guys sale but see now all the sellers have to close their business and even lose all their investment .
woodlittle
New member
@joseranda Right
rainmaker002
New member
I m still confused, on what volume of sale, Amazon will push seller to get register for VAT,
what about the threshold og 85k, ?
I m on 85k threshold and my accountant saying you can stay VAT un-registered, only keep an eye on your sales of last 12 months since existing date,
if it will exeed to 85k, then go to VAT...
what about the threshold og 85k, ?
I m on 85k threshold and my accountant saying you can stay VAT un-registered, only keep an eye on your sales of last 12 months since existing date,
if it will exeed to 85k, then go to VAT...
@rainmaker002 under £85000 you need not register but as soon as you cross this benchmark it's must to be registered for VAT and follow all compliances
surrenderedgirl
New member
𝐇𝐨𝐰 𝐢 𝐫𝐞𝐜𝐨𝐯𝐞𝐫 𝐦𝐲 #Amazon 𝐀𝐜𝐜𝐨𝐮𝐧𝐭:
I was doing online #arbitrage due to which my #accounts were also deactivated. After many attempts, one of my account was not activated because it had an invoice problem.
Amazon was asking for invoice and we didn't have invoice because we bought the products from the retailer.
I gave a lot of invoices to amazon but amazon didn't accept any invoice and now there were chances of permanently deactivating my account.
Then I thought I should make one last attempt.
I called amazon and told them that this is stupidity of my VA so i apologize for this and give me one last chance to activate my account.
Khair bht minatain trly krny k bd amazon ny kaha ap apny us VA ko terminate kr dain or hmy termination letter submit krwaein so mainy khud ko terminate krny ka faisla kia mainy terminstion letter bnwaya phir sy bar bar amazon ko cal ki or finally mera account activate ho gya.
Yeh ak jughar tha jo kam kr gya jo logh messenger py puch rhy thy kasy kry yeh jughar lga skty shyd kismat ap ka sath dy is k elawa b bht jughar hoty hn pr yeh batain btai ni jati......
Ab proper #brand approvel or invoice k sath kam kry agr brand approvel ni milta tw brand k authorized #distributors k sath kam kry jin ki invoice amazon accept krta ho.
Thankyou
Maha
I was doing online #arbitrage due to which my #accounts were also deactivated. After many attempts, one of my account was not activated because it had an invoice problem.Amazon was asking for invoice and we didn't have invoice because we bought the products from the retailer.
I gave a lot of invoices to amazon but amazon didn't accept any invoice and now there were chances of permanently deactivating my account.Then I thought I should make one last attempt.I called amazon and told them that this is stupidity of my VA so i apologize for this and give me one last chance to activate my account.Khair bht minatain trly krny k bd amazon ny kaha ap apny us VA ko terminate kr dain or hmy termination letter submit krwaein so mainy khud ko terminate krny ka faisla kia mainy terminstion letter bnwaya phir sy bar bar amazon ko cal ki or finally mera account activate ho gya.Yeh ak jughar tha jo kam kr gya jo logh messenger py puch rhy thy kasy kry yeh jughar lga skty shyd kismat ap ka sath dy is k elawa b bht jughar hoty hn pr yeh batain btai ni jati......Ab proper #brand approvel or invoice k sath kam kry agr brand approvel ni milta tw brand k authorized #distributors k sath kam kry jin ki invoice amazon accept krta ho.
Thankyou
Maha
benjaminpatterson
New member
Awaiting live session