Redisplay Messages: Compact | Brief | All | Full Show Messages: All | Without Replies| Author: | Teup  | | Posted: | Jan 19, 2022 06:08 | | Subject: | Re: Typical profit margins | | Viewed: | 99 times | | Topic: | Announce | |
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| In Announce, runner.caller writes:
| | | | In Announce, Teup writes:
Money = time = space. If you want to earn more money, you need either more time
or more space. You can work long hours at a low profit rate, or you can crank
up your profit rate by growing your store which enables higher prices. My strategy
has always been to go nuts on space and save time 
|
You bring up a good point about time.
I'd say the best % return on paper would be from cheap used bulk with figs
and listing every possible piece.
I recently acquired 60lbs for $330 that included approx. 125 figures.
Now, if I were to take the time to list EVERYTHING I could, the unrealized gains
would be huge. A couple thousand dollars maybe, but it would take me a super
long time to list and even longer to realize those gains + I don't have the
space to do all the parts.
I already flipped one architecture set to ebay out of that lot weighing around
2 lbs for approx $80 after fees and shipping. I'll do this with all the bulk
from this lot eventually and probably 2X to 3X on just that as an immediate realized
gain and this will leave the 125 figures as "free" that I will then add to my
BL store.
The % gains are not there, but I can process way more lots if I sell off the
bulk in 2 or 3 listings and then add 100 or so figures to my store vs taking
the time so sort, store, list, pick, pack, and ship 24,000 pieces over the long
run.
Just different strategy, I also know a lot of sellers that do very well with
parts and having a huge variety.
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Ah, that makes sense, I was talking strictly about parting out new sets. Those
will usually be 2x or 3x almost by definition, as I think that roughly gets
you an hourly pay of something in between €15-€25 which is an acceptable "career"
for people. If we'd have sources all over the place that give us 5x, pretty
soon the prices will just drop until we settle at the 2x-3x level again.
But as for used, yes, a whole lot more work is involved there, so it makes sense
that you can have 5x there - and probably still end up with that same hourly
pay as you would for parting out a new set at 2x (with the benefit of course
that you have much more cool and unique things to draw customers with).
I think it depends on where you live whether you can source used stock at an
acceptable price, though. Here it's pretty hard. I get the impression that
in America it's common for people to not really be aware of what they have
and just dump it for cheap, while in the Netherlands everyone thinks they're
suddenly an expert or somehow have hidden gems in their attic that the world
was waiting for, even though they don't know anything about Lego. The same
way all Americans know "don't eat yellow snow", all Dutch people know "don't
sell your Lego cheap"
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| Author: | Teup | | Posted: | Jan 18, 2022 08:14 | | Subject: | Re: PayPal Micropayments: welke cutoff? | | Viewed: | 27 times | | Topic: | LANG Nederlands | |
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| In LANG Nederlands, BasKrie writes:
| | In LANG Nederlands, Gaston.La.Brick writes:
| | Gebruikt iemand PayPal met micropayments (als tweede PayPal account)?
Tot welk bedrag gebruik je dan best die micropayments ("cutoff" bedrag)?
Grtjs,
Gaston
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Ik heb zelf geen micro account, maar ben er al wel een keer mee aan het rekenen
geweest.
Daar komt uit dat er niet 1 magisch getal is te noemen.
Voor het gemak neem ik even alleen de betalingen in Euro, betalingen in USD liggen
weer anders.
Binnenlandse betalingen: 18,74
Europa (excl Engeland): 11,53
Engeland: 22,90
Rest van de wereld: 49,18
Onder de genoemde bedragen is een micropayment voordeliger.
Maar daarmee kom ik nergens op de door PayPal genoemde 5,00
"Tarieven voor microbetalingen kunnen ideaal zijn als alternatief voor standaard
tarieven voor commerciële transacties voor een bedrijf dat betalingen van minder
dan 5,00 EUR verwerkt."
Nu weet ik niet of dat een grens is die PP alsnog zal hanteren, maar gezien de
rest van de tekst kan dat haast niet.
Ergens zal je zelf moeten gaan kijken wat de meest voorkomende betalingen zijn
voor jou en daarvandaan bepalen wat je grens wordt. Je kunt op BL helaas gen
grens per land en munt instellen.
Een ideale instelling lijkt er dan ook niet te zijn. Het blijft schipperen en
zal voor iedereen net iets anders zijn vooral afhankelijk van hoeveel je orders
uit welk deel van de wereld je krijgt die met PP betaald worden.
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Ik snap niet waarom PayPal niet gewoon zelf de correcte (=goedkoopste) versie
berekent en dat hele onderscheid tussen die 2 accounts opheft, of denk ik nu
te makkelijk 
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| Author: | Teup | | Posted: | Jan 18, 2022 05:19 | | Subject: | Re: Typical profit margins | | Viewed: | 158 times | | Topic: | Announce | |
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| In Announce, StickyBrickit writes:
| | Just wondering what sort of % profit margins people generally make, if they know?
I don't know the exact number but I usually try to buy parts at a price that
allows me to sell them for at least double what I paid. This allows me to make
about 30% on the parts, once fees, shipping etc is taking into account. I sell
on eBay as well so the fees there are a much bigger % of the sale than they are
on Bricklink.
I've heard of people regularly making x3, x4, x5 their money back but I have
no idea where they are sourcing parts if they are making this level of profit.
Other than the occasional "unicorn" find (rare figures in a cheap bulk lot for
instance) I struggle to make double my money. Just wondering what the general
rate of return is for other sellers?
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I think the unwritten rule many sellers have in their heads is that x2 = OK.
x3 is great, x4 is exceptional and x5 is fishermen's talk. Well, I heard
that in America there can be some crazy discounts of 50% or even more, but
I doubt there are sellers who manage to make a robust steady x5 on the majority
of their inventory. If I had that, I would need to work only a few hours a week
And it would mean everyone would dive into the business, and bring down the
price. I think eventually things always gravitate towards something between x2
and x3, since that's the level that generates an acceptable pay per hour.
By the way what you describe is not x2 but less, since you have included postage/fees/taxes.
Sometimes smaller stores need to settle for 1.5x in order to beat the competition.
Bigger stores will draw customers anyway and can afford to be more expensive.
I started out with x2, now I'm near x3.
Money = time = space. If you want to earn more money, you need either more time
or more space. You can work long hours at a low profit rate, or you can crank
up your profit rate by growing your store which enables higher prices. My strategy
has always been to go nuts on space and save time
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| Author: | Teup | | Posted: | Jan 17, 2022 08:31 | | Subject: | Re: Massive increase in # of pieces for sale | | Viewed: | 63 times | | Topic: | General | |
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| In General, Stellar writes:
| | In General, AlohaBrickRoad writes:
| | Hi all. I’m in my first year of selling and have been doing well so far. I
notice over the past few days my sales have essentially dropped to zero, and
there’s a MASSIVE corresponding increase in pieces for sale in the marketplace.
Is this common every year after Christmas with all the gifted and clearance
sets out in the world? Is this an experience others have been having as well?
It’s definitely disheartening, after putting hundreds of hours of work in for
it to all suddenly fall flat. I focus on used parts, but what’s the point in
that when there are suddenly 150,000 new pieces of a lot available for the same
price.
Should we expect things to increase after some of this excess inventory from
new sellers clears out and they realize how much work it is to run a successful
BL store? Or is this in some way related to further mainstreaming of the BL
platform.
Any veteran opinions?
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Some stores close for Christmas/New Year Holidays, so a lot probably reopened
in the last week.
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Good point! That must be the explanation. I was wondering what the explanation
could be. Here there are no good deals around at all this month. Usually the
best deals are in autumn. And with winter usually being the busiest time of year,
I doubt many sellers have had time to prepare large uploads.
And to the OP: Don't worry too much, my rule of thumb is to never look at
periods shorter than 4 weeks, due to the large random factor. You will have dry
spells and busy days with no explanation, even if it had seemed steady for a
while. That's all part of the game.
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| Author: | Teup | | Posted: | Jan 14, 2022 05:09 | | Subject: | Re: N00b Questions- How Often Should I Notify? | | Viewed: | 37 times | | Topic: | General | |
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| In General, yorbrick writes:
| | In General, Upstate_Brickz writes:
| | Hello All,
Should I be notifying members every time I add items to my inventory or does
that just create spam for people? Maybe I should just wait until I add a large
amount? 
Thanks,
AJ
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If you load infrequently in batches, it is often best to wait maybe a week. That
way, people actively searching can find the parts they want (plus other parts).
Then you get a second hit when you notify.
Plus, save up any small batches, it is not worth notifying a few parts.
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Yes, that's what I do. To spread the orders, but also to be able to catch
it if I underpriced something. When you have a fairly big store and you notify
the world, and an item is too cheap, they will pretty much all be gone the next
day. If you don't notify, you can still adjust them as orders trickle in
slowly  Sometimes I even wait months.
But for small stores that just want orders, I'd say just go and spam the
notify button as often as you can
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| Author: | Teup | | Posted: | Jan 14, 2022 05:03 | | Subject: | Re: 0-50 gram buspakje ook Covid toeslag | | Viewed: | 44 times | | Topic: | LANG Nederlands | |
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| In LANG Nederlands, BasKrie writes:
| | De eerste factuur bevatte alleen 2 pakjes, zojuist de 2e factuur van het jaar
bekeken.
Wat blijkt, ook de buspakjes (product 6440) naar buiten de EU onder de 50 gram
worden belast met een COVID toeslag (1 euro per zending).
Ik dacht eerder gezien te hebben dat 0-30 en 30-50 gram daarvan uitgezonderd
waren.
Dat waren de eerste verloren euro's van het jaar 
Nu meteen maar aangepast, komende factuur zal ook wel wat verlies nog geven.
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Goed gespot. Waar stond uberhaupt dat buspakjes toeslag zouden kunnen krijgen?
Ik kan er nergens wat over vinden. PostNL linkt naar de tarieven van 2021 op
hun site.... lekker handig..
https://www.postnl.nl/klantenservice/coronavirus/tijdelijke-toeslag-bestemmingen-buiten-europa/
Inderdaad gewoon niet acceptabel. Ze moeten rekenen wat ze zelf aangeven.
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| Author: | Teup | | Posted: | Jan 13, 2022 09:30 | | Subject: | Re: Bricks and Pieces merging into Pick a Brick | | Viewed: | 71 times | | Topic: | General | |
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| In General, par016 writes:
| | To me it depends on how much Lego tries to make this a part of their main business.
If they are pushing to have this service more front and center on their website
and better promoted, it could easily diminish sales on BrickLink.
|
Except that they are expensive, very slow, bad at counting and disasterous at
packaging  Besides the fact that it's an annoying website to use and it's
annoying to pay (here, we have to wait for an invoice which can take days).
It's too labour-intensive I think, in order to achieve something that LEGO
has mixed feelings about in the first place - taking away the magic from the
sets by selling all parts individually. They are already struggling with the
order volume they are getting right now, while meanwhile sets are sorted and
boxed by machines at high speed. It's definitely Lego out of their element
It could be just a matter of optimising the current situation (maybe even saving
money on the whole thing) rather than expanding in that direction. But let's
see.
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| Author: | Teup | | Posted: | Jan 12, 2022 15:00 | | Subject: | Re: What does this mean? | | Viewed: | 26 times | | Topic: | Technical Issues | |
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| In Technical Issues, Cosyrow writes:
| | What does this mean and how can I correct it?
"The seller can't ship your order with any of the shipping methods available
- Please contact seller."
|
It means that the seller made a mistake in their shipping method setup. They
have included Israel as a country they ship to, but your particular order weight,
size or value combination does not match with any of the shipping methods that
the seller had specified.
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| Author: | Teup | | Posted: | Jan 12, 2022 08:18 | | Subject: | Re: Accidentally order bricks | | Viewed: | 64 times | | Topic: | Problem Order | |
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| In Problem Order, bricksinbins writes:
| | In Problem Order, Teup writes:
| |
It's easy to accidentally place an order.
|
I have to disagree with you there. At the very least, when it comes to the paying
step, I find it hard to believe you log in to PayPal and accept to pay "by accident".
And that from two different stores.
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Well, this has actually happened to me, so I don't find it hard to believe,
it's an actual memory I've also sent duplicate payments because I
was too busy with many different things. A new member may not always be aware
of which cart they are in or which items are in their cart. Note the OP didn't
even say they placed an entire order by mistake - it could be just some items
in the order that they bought twice (which I did many times). They also didn't
say that both orders were mistakes - so it's probably just about some duplicate
items.
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| Author: | Teup | | Posted: | Jan 12, 2022 06:26 | | Subject: | Re: Accidentally order bricks | | Viewed: | 75 times | | Topic: | Problem Order | |
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| In Problem Order, Yellow.Brick writes:
| | | | | | 1 - You went to their store.
2 - Manually adjusted how many parts you wanted to add to your cart.
3 - Proceeded to checkout.
4 - Agreed to continue.
...
I'm kind of new on the site as a seller so I'm trying to figure out what
- if anything - I can do to avoid accidental orders.
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You missed out
5 - logged into paypal.
6 - paid by paypal.
7 - received order confirmation email.
8 - received paypal payment confirmation email.
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LOL, That's what the ellipse was for.
Like I said in another comment; maybe they ordered the wrong color or the
wrong stormtrooper (one where there are open eyeholes on the helmet versus ones
with painted out eyeholes) - but unless the store has a return policy for stuff
like that, that's on the OP.
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If you accidentally bought the wrong thing in a store, that's not "on you"
- you will return it of course. Or if you buy something on Amazon and afterwards
you realise you don't need it, of course you will return it and not keep
it. AFAIK in the US you actually have the right to return things you bought online,
and consumer rights do apply on Bricklink - it says so explicitly in the seller
terms which the seller has agreed to.
It's easy to accidentally place an order. Bricklink is a complicated website
and much to take in for a new user. When I placed my first order I had no clear
idea at which store I actually placed it. With Bricklink remembering multiple
carts, it's definitely possible someone checked out the wrong one by mistake.
But in the OP's case it seems even more logical: They were shopping in a
second store and forgot they already bought some of the items in the first store,
so they accidentally bought them again. This happened to me many times when I
was a buyer here.
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| Author: | Teup | | Posted: | Jan 12, 2022 06:03 | | Subject: | Re: Price Guide - Part Out Value. | | Viewed: | 48 times | | Topic: | Suggestions | |
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| In Suggestions, yorbrick writes:
| | In Suggestions, Hugi501 writes:
| | Hello There,
I'm sure this has been suggested.
1: But when doing a part out, why do we have to select NEW or USED each time.
Can I suggested you just need to enter the set one know. From there the part
out screen lists both on the same screen.
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Because what you are parting out is either new or used. Doing both at the
same time is likely to lead to errors.
Also you can set the default for what you do most often.
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I think the OP may be referring to the part out value screen. In that case: I'd
say logically it should be either all or nothing - if it's going to display
New and Used on one page, it should also display whole minifigures vs minifigure
parts, break sets in set yes vs no.
Besides, there's a little bug in the page where if you choose minifigure
parts, it considers the whole minifigures as "missing" items. I've reported
this and it was going to be fixed, but that must have been 5 years ago or so
by now.. but that's business as usual on Bricklink.
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| Author: | Teup | | Posted: | Jan 10, 2022 14:24 | | Subject: | Re: Seller gives negative feedback as a revenge | | Viewed: | 100 times | | Topic: | Help | |
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| In Help, VonMartz writes:
| | Hello all,
one month ago I placed an order and paid for it right away. Ten days after I
asked the seller if he shipped the items where he rudly answered that he is not
fast-processing seller and it is not his main job and so on. Long story short
he didnt. Now it is month from the payment and still nothing. (The seller is
by the way from Czechia, same as me so the delivery process takes 2 days maximum.
Also I checked carefully his "terms" site and no mention about long delivery
times). I sent another emails but without response. When I checked his reviews
I noticed there were some negative feedbacks describing exactly the same problem.
The issue is that the seller never gives his feedback first. All the buyers that
gave him well deserved negative feedback all of them got negative feedback from
him too for giving him negative feedback. It seems to me like some kind of indirect
extortion. Same with me, one month and no feedback from him eventhough I paid
on the same day. I believe this kind of behavior is not ok. Is there a way to
report him? Or is there at least a way to give him negative feedback without
getting one? Im new to the bricklink and have only few feedbacks so Im very cautious.
Im planning on waiting for the order because it is hard to find those items anywhere
else but even after I hopefully recieve those Im convinced that the seller deserves
negative feedback.
Thank you for your time reading such a long story I will be glad for any reply.
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Sounds like the seller was sick and tired of getting orders and realised that
posting revenge feedback is the most effective way to destroy your own reputation.
As others have said do start an NSS, because when it completes it will remove
that negative feedback you received. And if it's the seller's third case
- which may well be the case - it removes the seller along with it.
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| Author: | Teup | | Posted: | Jan 9, 2022 11:20 | | Subject: | Re: VAT threshold | | Viewed: | 54 times | | Topic: | Selling | |
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| In Selling, LeeGo73 writes:
| | In Selling, Teup writes:
| | In Selling, Teup writes:
| | Wel hebben BTW plichtige verkopers te maken met wat nieuwe wetgeving waarbij
je boven de €10.000 omzet uit andere EU landen extra administratie krijgt (unieregeling).
Dan grijpt Bricklink wel in. Maar ik geloof dat niet-BTW plichtige verkopers
daar niet het mikpunt van zijn (en zo ja kun je het admin team je KOR toepassing
tonen)
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Sorry, het zit anders: Als je de grens van €10.000 omzet uit andere EU landen
overschrijdt, moet je die nieuwe regels toepassen voor al je bestellingen naar
andere EU landen (dat wil zeggen: je moet een BTW nummer hebben, en BTW heffen
over die bestellingen). Die regel gaat dus vóór de KOR.
(Je mag voor je Nederlandse omzet wel gewoon de KOR blijven toepassen, maar dat
lijkt me een slechte deal aangezien je dan ook geen BTW kan aftrekken van je
inkopen)
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Bedankt voor de uitleg, het ging mij over het BTW gedeelte. De 20k/10k kom ik
niet eens in de buurt. Ziet de overheid verzendkosten als omzet?
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Ja, verzendkosten, transactiekosten e.d. zijn ook omzet. Als je alleen maar je
eigen privéverzameling aan het verkopen bent hoef je niet KvK geregistreerd te
staan, maar in alle andere gevallen moet je dit allemaal opgeven als omzet (en
als je zakelijke kosten).
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| Author: | Teup | | Posted: | Jan 9, 2022 08:55 | | Subject: | Re: VAT threshold | | Viewed: | 57 times | | Topic: | Selling | |
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| In Selling, Teup writes:
| | Wel hebben BTW plichtige verkopers te maken met wat nieuwe wetgeving waarbij
je boven de €10.000 omzet uit andere EU landen extra administratie krijgt (unieregeling).
Dan grijpt Bricklink wel in. Maar ik geloof dat niet-BTW plichtige verkopers
daar niet het mikpunt van zijn (en zo ja kun je het admin team je KOR toepassing
tonen)
|
Sorry, het zit anders: Als je de grens van €10.000 omzet uit andere EU landen
overschrijdt, moet je die nieuwe regels toepassen voor al je bestellingen naar
andere EU landen (dat wil zeggen: je moet een BTW nummer hebben, en BTW heffen
over die bestellingen). Die regel gaat dus vóór de KOR.
(Je mag voor je Nederlandse omzet wel gewoon de KOR blijven toepassen, maar dat
lijkt me een slechte deal aangezien je dan ook geen BTW kan aftrekken van je
inkopen)
|
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| Author: | Teup | | Posted: | Jan 9, 2022 08:49 | | Subject: | Re: VAT threshold | | Viewed: | 72 times | | Topic: | Selling | |
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| In Selling, LeeGo73 writes:
| | I have some questions regarding VAT limits for a shop located in the Netherlands;
As I'm a small private seller, I do not have the 21% vat collecting enabled.
When I started I remembered seeing the limit was eur 6k, above that you needed
to enable VAT collection.
When I looked today there is no fixed limit mentioned, just the remark that VAT
collection needs to be enabled when you reach the country threshold, which would
eur 20k for the Netherlands.
I don't have the ambition (or time) to grow into a 'real' shop with
all added administration attached.
Any Dutch sellers now more details?
- is the limit 20k
- is shipping national, eu, non-eu included in the limit
|
Ik neem aan dat je de kleine ondernemerregeling toepast. De bovengrens om die
te mogen toepassen is inderdaad €20.000 omzet.
Voor Bricklink maakt het verder niets uit, voor zover ik weet. Ik geloof niet
dat daar specifieke regels over zijn. De Belastingdienst bepaalt of je BTW moet
heffen en een BTW nummer krijgt.
Wel hebben BTW plichtige verkopers te maken met wat nieuwe wetgeving waarbij
je boven de €10.000 omzet uit andere EU landen extra administratie krijgt (unieregeling).
Dan grijpt Bricklink wel in. Maar ik geloof dat niet-BTW plichtige verkopers
daar niet het mikpunt van zijn (en zo ja kun je het admin team je KOR toepassing
tonen)
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| Author: | Teup | | Posted: | Jan 8, 2022 11:37 | | Subject: | Re: 100% Priase ruined by a new member | | Viewed: | 73 times | | Topic: | Feedback | |
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| In Feedback, ck.brick.lego writes:
| | My store used to have a track record of 100% praise.
But recently a new member ordered and requested to cancel after that, for which
he left a neutral feedback. The comment itself is neutral, just a word "thank
you". But it ruins the 100% record, unfortunately.
Any suggestions for preventing things like this?
My thought is to deny any cancellation request--and include that in the store
terms.
But if buyers feel they are forced to buy--sellers are putting himself to
a dangerous situation as well. Buyers may look for defects and a negative feedback
may still result.
P.S. Suggestions regarding store is also welcomed. I am looking for that to improve
as well. Thank you in advance.
|
Sorry to hear about this. I had the same thing happen to me today. Not allowing
cancellations is not the way, the best thing you can do is explain to the buyer:
- what neutral feedback means on Bricklink
- what it means to you and the future of your business
- how they can change or remove their feedback (provide this link: https://www.bricklink.com/feedbackDel.asp)
- that you provided good service, in accordance with everything they wanted
In my experience, this is usually enough to change their mind. I just saw my
buyer changed their feedback. Hope yours will do the same!
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| Author: | Teup | | Posted: | Jan 8, 2022 11:03 | | Subject: | Re: Bricklink calculates VAT incorrectly | | Viewed: | 48 times | | Topic: | Selling | |
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| In Selling, patpendlego writes:
| | In Selling, Teup writes:
| | Inspired by an incorrect comment yesterday in the EU distance selling call that
shipping costs don't include VAT, I went to check a VAT invoice of my orders
to the UK and yep, I noticed that VAT was only calculated over the item total
and not the shipping costs. This is not right, VAT needs to be calculated over
the grand total. I wonder, could this be the reason for some situations where
people need to pay VAT twice? I don't know what invoices (if any) get attached
when importing into the EU, but if the ex.VAT price of the grand total does not
match with the VAT percentage charged, it is logical that authorities will not
accept it.
I don't know precisely for which countries shipping costs have VAT (I checked
UK, seems yes), but even if there would be a country that doesn't, it would
still be incorrect because S&H charges include handling which is always subject
to VAT. (And sometimes the postage costs are visible on the label, and if that
doesn't match the shipping cost in the invoice, for which no VAT was charged,
that's going to raise some eyebrows)
Or is this just in my store, because I haven't switched on VAT on shipping
costs? (I don't use Bricklink to calculate my VAT, I just entered the correct
shipping prices the way they should be, so I didn't need this feature)
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In The NL the VAT % charged on shipping, handling, etc. must be the same as the
VAT % charged on the goods shipped. So, if seller must charge 21% VAT on the
goods, s/he also must charge 21% on the shipping. If the seller sells margin
goods (which cannot be charged VAT) there is also no VAT on the shipping.
If there is a mix of VAT % on the goods, then the highest % must be charged on
the shipping.
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Yikes, I read on a British site that they calculate VAT on shipping proportionally
to the rates of the products, rather than assuming the highest percentage. Good
luck implementing that too.. this VAT stuff is a neverending head ache for Bricklink
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| Author: | Teup | | Posted: | Jan 8, 2022 09:52 | | Subject: | Re: EU distance selling - Online session | | Viewed: | 58 times | | Topic: | Administrative | |
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| In Administrative, TBS writes:
| | | | Is this because when one reaches the 10K (?) treshold, one is regarded a 'business'
with different tax regulations?
|
Not really, becasue you are a business to begin with.
Thing here is: If your company gone over the 10K treshold on sales from EU to
EU,
you are obliged to register for OSS and redo all your invoices and tax-reports,
because you must pay the specific country VAT-Rate then to that specific country.
As far as i know, that OSS-System is doing this combined, so you don´t have to
register and file your reports anymore and payments in each 1 of 29 EU States
yourself like before.
But you have to redo it anyway. And then are obliged for it the next years.
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Germany has more strict rules maybe? I read in a Dutch explanation that you need
to apply the local VAT rate from the first invoice in which you exceed 10K for
that fiscal year. So nothing needs to be revised.
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| Author: | Teup | | Posted: | Jan 8, 2022 09:43 | | Subject: | Re: EU distance selling - Online session | | Viewed: | 57 times | | Topic: | Administrative | |
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| In Administrative, TBS writes:
| | In Administrative, CE_Tanja writes:
| | Dear all,
The webinar reg. EU Distance selling took place today. First of all thank you
to every one who participated and shared very valuable input, questions, etc.
Please find the link to the meeting recording here:
https://bricklink.s3.amazonaws.com/EU+Distance+selling-20220107.mp4
Have a great weekend!
| | The BrickLink Marketplace team
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Hi Tanya and Team,
thank you. It was a most important meeting.
Please continue to adress such upcoming changes in future, and maybe even ahead
of its time.
So as a conclusion, it just confirmed my opinion of not joining the IOSS-Crew.
The fact that the VAT is calculated "Crude or incorrectly" was a big letdown
for me.
However i can understand you went for this route because the bricklink system
itself is unable to handle NET prices on such a level.
So if you could have added the countryspecific VAT-Rate on top of our Netprices,
it could have been handled, but i won´t let me deduct some 5% to 27% from my
German Total/Gross pricing, and that even on handling and shipping.
I am sorry. Thanks, but no thanks.
Which leaves us in an even tighter spot.
Dear buyer from the European Union reading this.
Don´t hesitate on getting your parts needed, there is just a narrow timeframe.
Some time in spring to summer i (we as other sellers) might not be allowed to
deliver your items within the European Union anymore then, because the threshold
is reached.
That means for you, further orders are only possible from January 2023 then,
or as a registered business with an confirmed VAT-ID (B2B-Sale).
Sorry for this, but my friends from the EU - if you need something, Hurry up.
For all other buyers - Exports outside the EU are not affected by this, and maybe
the only business left alongside domestic sales after spring/summer.
Have a nice weekend
Tom
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Hi Tom, while I agree with you the implementation is fundamentally incorrect
(violates price discrimination law plus is annoying for bookkeeping), to take
a pragmatic angle: Is it really that big a problem that it is worth giving up
a portion of your sales?
As for the price discrimination part, I don't expect we can get into trouble
as individual sellers since we don't have an option to change it. And in
case you happen to be a seller who calculates the cost of good sold based on
the turnover: You could always take the inc.VAT price of the annual sales, deduct
VAT as if they were all German customers, and from that hypothetic 'ex.VAT'
amount calculate cost of goods sold.
And if it's because you apply margin VAT, contact the helpdesk: They're
still figuring this out and maybe they can help you.
The call gave me confidence that the reason Bricklink is not improving this is
completely because of the limited resources, and that Bricklink understands full
well that this is is a poor patch that needs to be revised eventually. So there's
no real reason to stop selling out of protest, either.
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| Author: | Teup | | Posted: | Jan 8, 2022 09:17 | | Subject: | Re: Bricklink calculates VAT incorrectly | | Viewed: | 33 times | | Topic: | Selling | |
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| You have completely misunderstood my post. There is a problem with people having
to pay double VAT. I have identified a mistake in the way Bricklink makes invoices.
The numbers are incorrect, in plain sight for the customs or other authorities
when they look at the package.
The only illogical thing here is arguing to keep the mistake in the invoice,
because you would like there to be no VAT in the shipping costs. VAT is paid
on shipping whether you want to or not, it has always been that way, nothing
changed. And most sellers have made the setting to enable VAT on shipping costs
already, so for their invoices nothing changes if Bricklink corrects the mistake.
Btw, it's your goverment in this case But your government's policy
makes sense, otherwise there's a loophole where you can evade tax easily
by branding it 'shipping costs'.
In Selling, tjb01527 writes:
| | I did read it that way. Perhaps an email to his government rep would be more
helpful rather than moaning about BL. It is totally illogical to me as to why
postage should be taxed with VAT. All it does is hurt the small seller. Let’s
face it, whilst taxes are the law and needed, there is only so much you can afford
before it breaks the camels back. It just seems that governments are getting
too greedy. When I buy on BL, I ask the seller to put the VAT invoice on the
package. Maybe I have been lucky, but I have never had any problem. I do the
same for my buyers. On EBay, I use their IOSS and again have had no problems
In Selling, yorbrick writes:
| | In Selling, tjb01527 writes:
| | Perhaps it's just me, but this is this a begging letter to pay more taxes.
I do not agree that you should pay VAT on shipping. Since the UK has left the
EU, it has become very expensive to buy from the EU due to the addition of VAT.
I know from sales that buyers from the EU feel the same judging from a drop in
sales. Now we have someone complaining that we are not paying enough VAT. One
way to help kill sales. Thanks!!
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I didn't read it that way. VAT should be collected on shipping when importing.
It's the law, not a choice. If BL store settings are allowing orders to go
through without properly collecting the full VAT it is right for him to point
this out, as otherwise the buyer is caught with the problem of thinking they
have paid the correct VAT when in reality they haven't. And then they get
the issue of the extra VAT to pay and the Royal Mail processing costs, which
are likely to be way above the VAT difference that is still due.
| |
In Selling, Teup writes:
| | Inspired by an incorrect comment yesterday in the EU distance selling call that
shipping costs don't include VAT, I went to check a VAT invoice of my orders
to the UK and yep, I noticed that VAT was only calculated over the item total
and not the shipping costs. This is not right, VAT needs to be calculated over
the grand total. I wonder, could this be the reason for some situations where
people need to pay VAT twice? I don't know what invoices (if any) get attached
when importing into the EU, but if the ex.VAT price of the grand total does not
match with the VAT percentage charged, it is logical that authorities will not
accept it.
I don't know precisely for which countries shipping costs have VAT (I checked
UK, seems yes), but even if there would be a country that doesn't, it would
still be incorrect because S&H charges include handling which is always subject
to VAT. (And sometimes the postage costs are visible on the label, and if that
doesn't match the shipping cost in the invoice, for which no VAT was charged,
that's going to raise some eyebrows)
Or is this just in my store, because I haven't switched on VAT on shipping
costs? (I don't use Bricklink to calculate my VAT, I just entered the correct
shipping prices the way they should be, so I didn't need this feature)
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