![]() ![]() WHICH DOCUMENTS DO I NEED TO BE ABLE TO SELL ON AMAZON? On the upside, you are saving 1% when comparing to British VAT.Īs soon as you meet any of the above conditions, you are obligated to register with the German tax authorities. This also applies if you are shipping your products from Germany to customers in the UK: German VAT applies. That is the reason are obligated to pay VAT in Germany. Your stock is stored at Amazon in Germany, from which it is shipped to your customers. If you are using Amazon FBA, you are practically selling from Germany. So if you sold to French customers at 20% VAT, Dutch customers at 21% VAT and Swedish customers at 25% VAT, that will need to be defined and shown in one single MOSS declaration. You will then combine all countries sold to in one declaration. So if you, as a British company, have stock in Germany of which you sell more than €10.000 to EU customers outside Germany, you will have to declare the VAT via MOSS (also knows as OSS). ![]() In July 2021, all threshold amounts in Europe will be abolished and are to be replaced with one general threshold of €10,000. You must register in an EU-country immediately when doing business over there. Since Brexit, the distance selling thresholds are no longer applicable. It used to be € 100,000 for Germany until 1 july 2021. For EU countries, that threshold is €10,000 per year. These thresholds have been determined for every EU country, meaning that from a certain revenue amount onwards you will need to pay VAT on all products sold in that country. If you are selling and shipping your products from the UK to customers in other countries, you may need to pay attention to the long distance thresholds. DISTANCE Selling THRESHOLDS – No longer applicable
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |