|586 forum posts|
From 1 July, and in line with new legislation, eBay will collect VAT on all goods which are sold through eBay and shipped to buyers in the European Union (EU) with a consignment value up to EUR150. eBay will collect VAT on all sales to private individuals, regardless of seller status. eBay will declare the VAT collected under our Import One Stop Shop (IOSS) number.
|Michael Gilligan||11/06/2021 14:31:09|
18076 forum posts
Seems logical ... VAT notionally collected at the point of import.
|25 forum posts|
This already happens to goods coming into UK from EU on eBay.....bye bye to bargains from Germany, France etc. (VAT on item and post)
|Tony Pratt 1||11/06/2021 17:11:03|
|1544 forum posts|
Don't recall many bargains coming from Germany or France
|old mart||11/06/2021 18:57:13|
|3062 forum posts|
Dead right, Tony, Germany in particular seems to charge high postage rates.
|Michael Gilligan||11/06/2021 20:06:24|
18076 forum posts
Yes, it was all pre-ordained EU-wide ... UK only ‘adopted early’ because we exited.
|Oily Rag||12/06/2021 12:55:14|
416 forum posts
So is VAT collected on second hand goods as well, despite the fact that VAT will already have been paid when they were originally purchased? If so it sounds like double taxation. I can understand VAT being levied on new items but surely there is an exemption for second hand goods.
This I see as opening a whole nest of problems. My daughter, who lives in Spain, does all my eBay sales - so as she is EU based I take it the goods can be shipped from the UK as necessary without VAT. As she acts as my agent, the benefit is accrued within the EU and does not leave the EU.
7221 forum posts
I'd take advice.
I suggest the amount of money involved is important. Provided the value of individual transactions and the annual total are both low, then I doubt a private individual would be risking much by playing dumb! However, I'd get professional advice if trade looked remotely like exceeding any of the VAT or Customs thresholds, or might run foul of any other rules on either side of the border. If Martin's endeavour is big enough to be a business, it probably is, and the authorities would proceed accordingly. No penalties for tax avoidance, but tax evasion is punished severely unless the method is so complicated a court can't understand it!
|25 forum posts||
Found plenty - photographic equipment, musical Instruments and others , bide your time and even after postage it was well wortthwhile, both on Ebay and from other suppliers.
|duncan webster||13/06/2021 00:46:01|
3247 forum posts
I bought my Proxon table saw new from Germany. Paid German VAT and postage and it was still considerably cheaper than UK price. Came in a couple of days. I doubt it would be as easy now.
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