| Redisplay Messages: Compact | Brief | All | Full Show Messages: All | Without Replies| Author: | yorbrick  | | Posted: | May 7, 2021 13:54 | | Subject: | Re: BrickLink Marketplace Changes Due to Brexit | | Viewed: | 44 times | | Topic: | Administrative | |
| In Administrative, SylvainLS writes:
| | In Administrative, yorbrick writes:
| | […]
Of course it is confused further by seller status too.
EU VAT registered sellers' stores will show prices ex-VAT, so their regular
national / EU prices minus VAT.
EU VAT unregistered sellers' stores will show their regular prices, as they
don't charge VAT nationally.
US stores will also show their regular national prices, as they don't charge
VAT.
And our VAT gets added to all three.
So EU VAT registered sellers will be the best deal for UK buyers, if they have
roughly average prices after their VAT is added on. Luckily we will be shown
ex-VAT prices where appropriate, so we know to add on 20% to any foreign store.
It is a shame we cannot tick a box and add our VAT on as appropriate in searches,
so we can compare / sort UK and non-UK prices together.
|
That’s the same situation for US buyers: Sales tax will be added at checkout
to all three and it’s not shown when they shop and (UK or EU or Norway¹) VAT
registered sellers will be the best deal.
(¹ As it appears there’s a VAT system on BL for Norway.)
|
It is slightly different as if a UK buyer buys from a UK seller, there is no
extra VAT to pay but there is VAT on purchases from abroad. So when sorting by
price, any foreign stores need the VAT to be added whereas UK stores already
have it added (or it is not chargeable).
|
 |
| Author: | SylvainLS | | Posted: | May 7, 2021 11:52 | | Subject: | Re: BrickLink Marketplace Changes Due to Brexit | | Viewed: | 47 times | | Topic: | Administrative | |
| In Administrative, yorbrick writes:
| | […]
Of course it is confused further by seller status too.
EU VAT registered sellers' stores will show prices ex-VAT, so their regular
national / EU prices minus VAT.
EU VAT unregistered sellers' stores will show their regular prices, as they
don't charge VAT nationally.
US stores will also show their regular national prices, as they don't charge
VAT.
And our VAT gets added to all three.
So EU VAT registered sellers will be the best deal for UK buyers, if they have
roughly average prices after their VAT is added on. Luckily we will be shown
ex-VAT prices where appropriate, so we know to add on 20% to any foreign store.
It is a shame we cannot tick a box and add our VAT on as appropriate in searches,
so we can compare / sort UK and non-UK prices together.
|
That’s the same situation for US buyers: Sales tax will be added at checkout
to all three and it’s not shown when they shop and (UK or EU or Norway¹) VAT
registered sellers will be the best deal.
(¹ As it appears there’s a VAT system on BL for Norway.)
|
|
| Author: | SylvainLS | | Posted: | May 7, 2021 11:47 | | Subject: | Re: BrickLink Marketplace Changes Due to Brexit | | Viewed: | 59 times | | Topic: | Administrative | |
| In Administrative, cosmicray writes:
| | […]
| | And the rare UK buyers that are also UK VAT-registered businesses can deduct
the import VAT from their collected VAT.
|
How can they do that, if BL is collecting/remitting all their VAT ?
Nita Rae
|
The buyer doesn’t care whether it’s the seller who directly collected the VAT
or if it’s the marketplace, all they need to know and prove is that they did
pay VAT (and to whom), and that will be on the invoice.
At the end of the month (or trimester), they declare the deductible VAT (what
they paid) and the collected VAT (from their sales) and the difference. At the
end of the month (or year), if the difference collected minus deductible
is positive, they pay, if not, they can reclaim it or keep it for next month
(or year).
|
|
| Author: | cosmicray | | Posted: | May 7, 2021 11:11 | | Subject: | Re: BrickLink Marketplace Changes Due to Brexit | | Viewed: | 65 times | | Topic: | Administrative | |
| In Administrative, SylvainLS writes:
| | In Administrative, Bad_Girl writes:
| | […]
| | What about orders sold to business not to consumers? The VAT shouldn't be
charged for those.
|
Why should there be a difference between BTB and BTC? If you are importing something
from outside of the EU, you pay surely also VAT (at customs or at the post office).
I think you still have intra-community deliveries in mind. UK is not part of
the EU.
|
And the rare UK buyers that are also UK VAT-registered businesses can deduct
the import VAT from their collected VAT.
|
How can they do that, if BL is collecting/remitting all their VAT ?
Nita Rae
|
|
| Author: | yorbrick | | Posted: | May 7, 2021 10:42 | | Subject: | Re: BrickLink Marketplace Changes Due to Brexit | | Viewed: | 57 times | | Topic: | Administrative | |
| In Administrative, SylvainLS writes:
| | In Administrative, jenwick writes:
| | Will VAT be added to US seller's invoices as too? It is my understanding
that we need to charge this as well.
Thanks
|
Yes, it’s an obligation for any importation into UK, so for every transaction
where the seller is not in UK.
You can look at the table on https://www.bricklink.com/help.asp?helpID=2514 ,
the last row “All other country.”
The other rows are where “it’s complicated” because of North Ireland (There Shan’t
Be A Border Between Eire and North Ireland).
There’s also nice diagrams below.
|
Of course it is confused further by seller status too.
EU VAT registered sellers' stores will show prices ex-VAT, so their regular
national / EU prices minus VAT.
EU VAT unregistered sellers' stores will show their regular prices, as they
don't charge VAT nationally.
US stores will also show their regular national prices, as they don't charge
VAT.
And our VAT gets added to all three.
So EU VAT registered sellers will be the best deal for UK buyers, if they have
roughly average prices after their VAT is added on. Luckily we will be shown
ex-VAT prices where appropriate, so we know to add on 20% to any foreign store.
It is a shame we cannot tick a box and add our VAT on as appropriate in searches,
so we can compare / sort UK and non-UK prices together.
|
|
| Author: | SylvainLS | | Posted: | May 7, 2021 10:26 | | Subject: | Re: BrickLink Marketplace Changes Due to Brexit | | Viewed: | 72 times | | Topic: | Administrative | |
| In Administrative, jenwick writes:
| | Will VAT be added to US seller's invoices as too? It is my understanding
that we need to charge this as well.
Thanks
|
Yes, it’s an obligation for any importation into UK, so for every transaction
where the seller is not in UK.
You can look at the table on https://www.bricklink.com/help.asp?helpID=2514 ,
the last row “All other country.”
The other rows are where “it’s complicated” because of North Ireland (There Shan’t
Be A Border Between Eire and North Ireland).
There’s also nice diagrams below.
|
| Author: | jenwick | | Posted: | May 7, 2021 10:08 | | Subject: | Re: BrickLink Marketplace Changes Due to Brexit | | Viewed: | 75 times | | Topic: | Administrative | |
| Will VAT be added to US seller's invoices as too? It is my understanding
that we need to charge this as well.
Thanks
|
|
| Author: | paulvdb | | Posted: | May 7, 2021 08:43 | | Subject: | Re: BrickLink Marketplace Changes Due to Brexit | | Viewed: | 66 times | | Topic: | Administrative | |
| In Administrative, Stellar writes:
| | In Administrative, Admin_Russell writes:
| | * BrickLink will collect and remit VAT on orders up to a value of £135 imported
into the UK and sold to consumers. There will no longer be a VAT exemption for
small consignments up to £15. In this case, the payment method will be restricted
to onsite methods only.
|
What about orders sold to business not to consumers? The VAT shouldn't be
charged for those.
|
That's explained at the additional information link above: "If the buyer
is a UK VAT-registered business and provides their valid UK VAT registration
number, the responsibility to account for VAT will switch to the UK VAT-registered
business customer."
That page also has some other additional information, for example about the special
status of Northern Ireland.
|
|
| Author: | yorbrick | | Posted: | May 7, 2021 07:58 | | Subject: | Re: BrickLink Marketplace Changes Due to Brexit | | Viewed: | 78 times | | Topic: | Administrative | |
| | | * For each qualified transaction, BrickLink will provide a separate VAT invoice
that can be used as proof to customs that VAT has been sufficiently collected.
|
This is good news. Presumably this means that the VAT invoice should be printed
and included in the package, so there is proof of VAT payment if opened and inspected.
Is there any guidance for sellers to indicate on the package that VAT has been
paid? I've received a couple of envelopes from China where there was a UK
VAT paid sticker on the envelope, although this did not look official.
|
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| Author: | SylvainLS | | Posted: | May 7, 2021 06:49 | | Subject: | Re: BrickLink Marketplace Changes Due to Brexit | | Viewed: | 62 times | | Topic: | Administrative | |
| In Administrative, Stellar writes:
| | […]
The online marketplace must charge and account for VAT at the point of sale,
unless the consignment is a business to business sale and the customer has given
their UK VAT registration number.
|
“must … unless”
| | Business to business sales to UK VAT-registered customers
The online marketplace will not need to charge and account for VAT if the customer
gives them their VAT registration number. The online marketplace can confirm
it’s correct using the online service.
|
“will not need”
BL can simplify their job and collect the VAT.
A lot of businesses that have more B2C than B2B transactions often do that, especially
for small amounts.
| | […]
As Sylvain stated, they might be able to request that VAT back, but that is also
more paperwork.
|
Without paperwork, the civil servant withers 
But there’s not actually much more paperwork to fill when you buy 0% or full
VAT. Invoices are always the main proof, so, it’s just a couple entries more
in your accounts and an entry in a list of your deductible transactions.
The Sales taxes exemption issue seems to be a much more important problem as
the buyers don’t seem to be able to reclaim credits if there’s no debit.
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