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Do I have to register for VAT to sell on Amazon?

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Do I have to register for VAT to sell on Amazon?


No.


Hi

No you don't need to be VAT registered. Just make sure you tick the "I do not have a VAT number" box during account registration, otherwise you won't be able to complete your account set up.

Cheers
Alison


You don't have to be VAT registered to sell on Amazon, however if you are a business seller there are often sound financial reasons to be VAT registered. When I started as a business it was the first piece of advice my accountant gave me and it's saved me a lot of money over the years, so I'd definitely look into it if you haven't already.


If you are a bookseller - I wholly agree. I had the same advice and it has been worth a great deal to me over the years (not the least being simplifying my annual accounts) But I still have not done last quarter's VAT return dammit.


Yeah the VAT return is a pain BUT if if wasn't for the fact that I have to do it each quarter I suspect I'd put off doing my bookkeeping until the end of the year every year ;)


http://andrewminalto.com/ebay-tax-mistake/


Hardback wrote:
http://andrewminalto.com/ebay-tax-mistake/


One thing that is often missed, well I missed it anyway, is that if you are a VAT registered sole trader it is YOU that is registered, not the business. So anything you may do (in my case writing magazine articles) is vatable.

That's a very interesting point. I'm a limited company so that aspect of the consequences of being vat registered as a sole traded had passed me by. I think it's like any other financial decision...it has to be thoroughly researched. I know a lot of trades people such as plumbers avoid it for as long as they can as it makes them less competitive than their non-vat registered competitors.


Sorry?
Non registerd for VAT still pay it when buying. If buying from some place that is VAT registered.
Just cannot claim it back as not VAT registered.

I put aside 10% of total sales plus postage each month for the VAT payments, so far usually more than sufficient to cover the VAT bill.
I do suggest to people they get professional advice before voluntarily registering, to make sure its good for their business. Occasionally come across sellers who shut down operations for a few weeks or months rather than breach threshold and have to register.



Martin wrote:
Sorry?
Non registerd for VAT still pay it when buying. If buying from some place that is VAT registered.
Just cannot claim it back as not VAT registered.

I put aside 10% of total sales plus postage each month for the VAT payments, so far usually more than sufficient to cover the VAT bill.
I do suggest to people they get professional advice before voluntarily registering, to make sure its good for their business. Occasionally come across sellers who shut down operations for a few weeks or months rather than breach threshold and have to register.



')