I have questions regarding how this would affect an Australian seller selling to a UK buyer: How does the VAT system apply to Australia? Is it required for Australian sellers [...] (36 months ago, May 8, 2021, to Administrative)
UK Bricklink sellers who turn over less than £85,000 per annum do not have to register for VAT, nor do they have any obligation to charge VAT on their goods. So why is Bricklink [...] (36 months ago, May 8, 2021, to Administrative)
[...] No. BL (or any other marketplace) will only manage the import VAT, not all the seller’s VAT. The (current) simple VAT mechanism on BL is only there to [...] (36 months ago, May 8, 2021, to Administrative)
[...] I don't now how this works in the US, but in most (if not all) European countries you also get back the VAT if its negative, you don't need to collect [...] (36 months ago, May 7, 2021, to Administrative)
[...] Please slow down on your rate of posting, and read carefully what I wrote. The buyer (in this transaction) will have a tough time offsetting the VAT, if they [...] (36 months ago, May 7, 2021, to Administrative)
[...] UPDATE May 7, 14:49 EDT (BrickLink Time) Due to some precautions we have decided to take, implementation of the Brexit system changes will be delayed by one week. [...] (36 months ago, May 7, 2021, to Administrative)
[...] Indeed. I was looking at it as “which foreigner is better?” :D But also, EU (and Norway and New Zeand and…) will be the same soon… or are already worse as import [...] (36 months ago, May 7, 2021, to Administrative)