VAT ON SALES EBAY
#1
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VAT ON SALES EBAY
I'M really getting peed off at the fact the vendor gets charged VAT on ebay , in reality you get charged VAT twice on one item . that is , i sold a watch on ebay last week and got charged vat on the final price , but i've already paid VAT on the watch when i bought it new !! god i love this country !!
#2
not sure what your trying to say?
You shouldnt charge vat on your final price unless your vat registered???
or do you mean that there is vat included in the commision price you pay? same as the vat that would be included in the newspaper ad.autotrader ad etc etc
You shouldnt charge vat on your final price unless your vat registered???
or do you mean that there is vat included in the commision price you pay? same as the vat that would be included in the newspaper ad.autotrader ad etc etc
Last edited by Scooby Soon!; 14 February 2006 at 06:05 PM.
#4
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You've bought two things, a watch and an on-line listings service. The price of the watch is subject to VAT and so is the price of the listings service.
Nobody likes paying tax, but I don't see what your particular problem is.
Nobody likes paying tax, but I don't see what your particular problem is.
#5
If you sell an item for £29.99 you would pay 5.25% commision to ebay at the end of your billing period which would be £1.57. (plus listing fees) VAT is already included in this charge there is nothing extra to pay.
You definetly dont have to pay VAT on the final price your item sold for? I think you may be misreading your invoice!
You definetly dont have to pay VAT on the final price your item sold for? I think you may be misreading your invoice!
#7
Scooby Regular
Thread Starter
it's the bleedin commission fees i was looking at , idiot !!!! which are as follows :
Final Value Fees
Closing Price Final Value Fee
Item not sold No Fee
£0.01 - £29.99 5.25% for the amount of the high bid (at the listing close for auction-style listings) up to £29.99
£30.00 - £599.99 5.25% of the initial £29.99 (£1.57), plus 3.25% of the remaining closing value balance
Over £600.00 5.25% of the initial £29.99 (£1.57), plus 3.25% of the initial £30.00 - £599.99 (£18.53), plus 1.75% of the remaining closing value balance
Final Value Fees
Closing Price Final Value Fee
Item not sold No Fee
£0.01 - £29.99 5.25% for the amount of the high bid (at the listing close for auction-style listings) up to £29.99
£30.00 - £599.99 5.25% of the initial £29.99 (£1.57), plus 3.25% of the remaining closing value balance
Over £600.00 5.25% of the initial £29.99 (£1.57), plus 3.25% of the initial £30.00 - £599.99 (£18.53), plus 1.75% of the remaining closing value balance
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#8
Originally Posted by scoobydooooo
it's the bleedin commission fees i was looking at , idiot !!!!
You have to pay tax, it's quite important to keep the country running
#10
wait, so anything i sell on ebay, i get charged 17.5% of the final auction price as well as £1.50 to list the item.
You pay a listing fee + You get charged commission on the final auction price. That is the amount you pay Ebay for the service of running the site/infrastructure. You pay VAT on the price charged for those services.
Ebay include VAT in their quoted prices so you dont have to worry about it.
(all on the assumption of course you're genuinely selling second hand goods and not trading via ebay)
Last edited by dsmith; 14 February 2006 at 06:48 PM.
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