Blatman Posted June 12, 2021 Share Posted June 12, 2021 Just going through my eBay messages and this one stood out. From July 1st any eBay item sold and shipped to the EU will attract VAT which eBay will collect. Now that eBay don't "use" PayPal it'll be coming straight from our bank accounts when eBay collect their outstanding fees. Something to watch out for going forwards... 2 Quote Link to comment Share on other sites More sharing options...
Captain Colonial Posted June 12, 2021 Share Posted June 12, 2021 Reminds me of a certain truck manufacturer that I am unable to name for legal reasons and based in the EU who used to manufacture them to an incomplete level, then export them to a UK dock, invoice their UK HQ, mark it paid, claim the VAT back immediately and ship the truck back to the EU 24 hours later to finish them off, thereby improving short-term cash flow substantially. Let’s just HMRC were unamused when it was rumbled and a few heads rolled. 1 Quote Link to comment Share on other sites More sharing options...
Dave Eastwood (Gadgetman) - Club Chairman Posted June 12, 2021 Share Posted June 12, 2021 Does this apply to private sales, also, then? Quote Link to comment Share on other sites More sharing options...
Blatman Posted June 12, 2021 Author Share Posted June 12, 2021 Yes, private sales... Quote Link to comment Share on other sites More sharing options...
Blatman Posted June 12, 2021 Author Share Posted June 12, 2021 5 hours ago, Captain Colonial said: Reminds me of a certain truck manufacturer that I am unable to name for legal reasons and based in the EU who used to manufacture them to an incomplete level, then export them to a UK dock, invoice their UK HQ, mark it paid, claim the VAT back immediately and ship the truck back to the EU 24 hours later to finish them off, thereby improving short-term cash flow substantially. Let’s just HMRC were unamused when it was rumbled and a few heads rolled. Isn't that how Caterham got around something to do with "kit car" rules? They'd ship them needing "4 hours work to complete" which meant they weren't subject to... no idea what now, and I may be mis-remembering but that was the gist... Quote Link to comment Share on other sites More sharing options...
CraigHew Posted June 12, 2021 Share Posted June 12, 2021 It isn't only Ebay, Amazon will levy an additional charge if the goods come from EU (which isnt always apparent from the listing) Quote Link to comment Share on other sites More sharing options...
Mark (smokey mow) Posted June 13, 2021 Share Posted June 13, 2021 Is this not the case for anything being shipped aboard now we’re no longer in the EU? Quote Link to comment Share on other sites More sharing options...
CraigHew Posted June 13, 2021 Share Posted June 13, 2021 2 hours ago, Mark (smokey mow) said: Is this not the case for anything being shipped aboard now we’re no longer in the EU? Yes clearly, but Amazon aren't upfront with their country of origin. Most things are warehoused in UK, but some aren't. We bought a dinner service and got caught out. Quote Link to comment Share on other sites More sharing options...
Steve (sdh2903) Posted June 13, 2021 Share Posted June 13, 2021 So much for a free trade agreement. Quote Link to comment Share on other sites More sharing options...
Andrew O Byrne White - Ireland AO Posted June 13, 2021 Share Posted June 13, 2021 If you're buying from Amazon, they calculate it all and include it, but if you're buying from a 3rd party seller on amazon, it's up to you to figure it out. It's the same way for those of us in Ireland ordering from the UK. From the stuff I've ordered in the last 6 months, Amazon are definitely the easiest with how they handle it. The thing to keep in mind though is that although you're paying EU VAT, you won't be charged any UK VAT. For used items that doesn't help, but if you're a seller of new things to the EU, or buying from the EU into the UK, it's just different VAT rates with basically the same net result. It gets more expensive when the couriers are calculating the VAT charges, because they often charge an "admin fee" just for calculating the VAT. I've seen this come in as much as €125 for them to determine something was zero VAT rated. Amazon, and this new Ebay system avoid these problems. 1 Quote Link to comment Share on other sites More sharing options...
TAFKARM Posted June 13, 2021 Share Posted June 13, 2021 bl**** brexit 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.