Hi Guys,
I have am in the process of setting up an Ebay company. I will be importing digital goods from China and reselling them on Ebay. I know i have to pay import VAT on the goods and any VAT due on the final price of the goods after they have been sold to the customer. My question is: Do i have to pay VAT on the postage charge that i ask the buyers to pay?
Any info would be great...!
Kind Regards
Matt
Do i need to pay VAT on Postage that i charge?
2 posts • Page 1 of 1
by Daniya on Wed May 02, 2007 1:30 am
In simple yes!!!!!!!
However the word posage may be incorrect/CONFUSING. You will charge VAT on delivery, what ever word you use, you will have to Charge VAT.
Item sold for £100
Delivery/postage £10
Total Price is £110 + VAT (19.25) = £129.25
I trust you are VAT registered in order to charge VAT to your customers.
Just another point when you buy postage stamps, there is NO VAT.
Rana
However the word posage may be incorrect/CONFUSING. You will charge VAT on delivery, what ever word you use, you will have to Charge VAT.
Item sold for £100
Delivery/postage £10
Total Price is £110 + VAT (19.25) = £129.25
I trust you are VAT registered in order to charge VAT to your customers.
Just another point when you buy postage stamps, there is NO VAT.
Rana
- Daniya
- Posts: 337
- Joined: Wed Aug 06, 2008 3:36 pm
2 posts • Page 1 of 1
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