Regional Express ensure all US Sellers are able to comply with UK VAT Laws and file their taxes accordingly in conjunction with Amazon regulations.
This recent article highlights how sellers can be evicted from Amazon and eBay if they are not paying the correct VAT…
“Thousands of overseas sellers have been evicted from online marketplaces in the UK such as Amazon and eBay owing to a tax crackdown.
Businesses, mostly from China, sold items including British flags, phones and fake eyelashes but evaded VAT.
HM Revenue and Customs (HMRC) sends notices to online sales sites if it discovers businesses failing to pay the correct VAT.
It said that 4,600 sellers have been “red-flagged” in this way.
If the hosting sites fail to take action they can be pursued by HMRC for any future VAT that is unpaid. Seven sites, including Amazon, eBay, Asos and Etsy, have specifically signed up to an agreement with HMRC…. read more…
Contact Regional Express to ensure your business is compliant:
Call us on +44 1794 516515 or U.S. Free Toll 001 713 955 7113 or email us on FBA@regionalexpress.co.uk