15th August 2004, 08:24 PM
Selling in ebay.co.uk
What is VAT and how does it applies to me if i'm to sell something over to UK using ebay.co.uk?
15th August 2004, 09:54 PM
VAT --> sth like ours GST
Originally Posted by behyx
ur 2nd question... I don't know..
16th August 2004, 12:04 AM
VAT rate is 17.5% but I'm not sure if this applies on ebay
16th August 2004, 01:59 AM
If you are a seller, it doesn't apply to you, other than perhaps making a note in the listing that all custom duties and VAT is NOT included in the price.
The VAT is basically the UK version of the GST. For people resident in the UK, HM Customs would levy the VAT on all goods over a certain fix value (think its 24.99 pds, but I'm not to sure about this). So Customs would basically bill the buyer when the good is sent to the delivery address.