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| | | Author: | Loonbricks  | | Posted: | Jul 1, 2021 19:06 | | Subject: | NEW VAT changes 1st july | | Viewed: | 282 times | | Topic: | General | |
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| Hello everyone,
Since the first of july (yesterday) we have had some big changes in the VAT collection
system in europe.
"Following the introduction on the new rules for online marketplaces, BrickLink
will enable its VAT collection for goods imported into the European Union (EU)
on July 1st to comply with the new EU VAT Marketplace rules."
(Everyone should have received this email from bricklink)
It basically means that once I sell over 10.000€ a year to EU countries i need
to pay my VAT in the country i ship to, not in my own country.
The problem is that the bricklink methodes for implementing VAT to your store
are far from perfect (as far as i can find out). In Holland we have a special
VAT rule called the 'Margin scheme' which means you are dealing in EXCLUSIVELY
purchased 2nd hand goods and do not settle any tax on purchases or sales, other
than the tax paid over your profit margin.
So the problem is, if i read this correctly in the bricklink email from the 29th
of june, When I am selling for more than €10.000 a year in europe I need to enable
VAT in my store, which means all my goods will be charged with 21%, the dutch
VAT rate, while all of my goods actually need to be charged with 0%, cause of
this special margin scheme tax regulation.
This is straight from the government tax website:
"If you sell goods that fall under the so-called margin scheme, these deliveries
do not count towards the threshold amount. If you apply the margin scheme, you
will owe Dutch VAT to the tax authorities on the profit margin of the goods.
You do not charge VAT to the customer and do not mention this on the invoice.
The VAT is included in your sales price."
At this moment I can not open my store cause once i hit 10.000€ in sales in europe
my VAT needs to be enabled and i will loose 17% of my income, which has nothing
to do with my business and the VAT regulation I am working in.
Is there anyone that has more information about this or any idea on what my options
are here?
At this moment I closed my shop to shield myself from potential problems, but
this is my full time job so I am without income as long as Bricklink does not
offer an option here.
It is possible that brickling does offer an option that I just don't know
off, this is why I am asking about it!
Thanks again for the help. I know I am not the only one with this issue and a
lot of my friends / colleages from holland would like to know this as well.
gr,
Kevin, Owner of Loonbricks.
PS, english is not my main language, I apologise for any misspelling or gramatical
errors.
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| | | | | Author: | SylvainLS | | Posted: | Jul 1, 2021 19:32 | | Subject: | Re: NEW VAT changes 1st july | | Viewed: | 84 times | | Topic: | General | |
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| In General, Loonbricks writes:
Hi,
| | […]
It basically means that once I sell over 10.000€ a year to EU countries i need
to pay my VAT in the country i ship to, not in my own country.
|
Yes.
| | […]
So the problem is, if i read this correctly in the bricklink email from the 29th
of june, When I am selling for more than €10.000 a year in europe I need to enable
VAT in my store, […]
|
Yes.
But the operative words are “if you’re over the €10.000 threshold” and, as you
quote:
| | This is straight from the government tax website:
"If you sell goods that fall under the so-called margin scheme, these deliveries
do not count towards the threshold amount. If you apply the margin scheme, you
will owe Dutch VAT to the tax authorities on the profit margin of the goods.
You do not charge VAT to the customer and do not mention this on the invoice.
The VAT is included in your sales price."
|
So what you sell doesn’t count for the threshold.
So you effectively are at €0 sales to other EU countries.
Therefore you’re way under the threshold.
And then you don’t have to register for VAT on the One Stop Shop or to each of
the EU countries you sell to.
And, more importantly to you, you don’t have to enable VAT on BL.
Champagne!
| | […]
Is there anyone that has more information about this or any idea on what my options
are here?
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Disclaimer: IANAL, IANAAccountant, etc.
| | […]
PS, english is not my main language, I apologise for any misspelling or gramatical
errors.
|
I didn’t see any error except for the missing capital in “English,” so you shouldn’t
have added this PS  
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| | | | | | | Author: | Loonbricks | | Posted: | Jul 1, 2021 19:35 | | Subject: | Re: NEW VAT changes 1st july | | Viewed: | 63 times | | Topic: | General | |
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| | Thanks a lot! |
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| | | | | Author: | bricks.steine | | Posted: | Jul 2, 2021 03:35 | | Subject: | Re: NEW VAT changes 1st july | | Viewed: | 79 times | | Topic: | General | |
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| Hello,
the same problem in Germany: Here it is called "Differenzbesteuerung". And according
to our law firm, the 10000 Euro do NOT apply for used goods at all. So similar
to the Dutch regulations.
Regards
Stefan
In General, Loonbricks writes:
| | Hello everyone,
Since the first of july (yesterday) we have had some big changes in the VAT collection
system in europe.
"Following the introduction on the new rules for online marketplaces, BrickLink
will enable its VAT collection for goods imported into the European Union (EU)
on July 1st to comply with the new EU VAT Marketplace rules."
(Everyone should have received this email from bricklink)
It basically means that once I sell over 10.000€ a year to EU countries i need
to pay my VAT in the country i ship to, not in my own country.
The problem is that the bricklink methodes for implementing VAT to your store
are far from perfect (as far as i can find out). In Holland we have a special
VAT rule called the 'Margin scheme' which means you are dealing in EXCLUSIVELY
purchased 2nd hand goods and do not settle any tax on purchases or sales, other
than the tax paid over your profit margin.
So the problem is, if i read this correctly in the bricklink email from the 29th
of june, When I am selling for more than €10.000 a year in europe I need to enable
VAT in my store, which means all my goods will be charged with 21%, the dutch
VAT rate, while all of my goods actually need to be charged with 0%, cause of
this special margin scheme tax regulation.
This is straight from the government tax website:
"If you sell goods that fall under the so-called margin scheme, these deliveries
do not count towards the threshold amount. If you apply the margin scheme, you
will owe Dutch VAT to the tax authorities on the profit margin of the goods.
You do not charge VAT to the customer and do not mention this on the invoice.
The VAT is included in your sales price."
At this moment I can not open my store cause once i hit 10.000€ in sales in europe
my VAT needs to be enabled and i will loose 17% of my income, which has nothing
to do with my business and the VAT regulation I am working in.
Is there anyone that has more information about this or any idea on what my options
are here?
At this moment I closed my shop to shield myself from potential problems, but
this is my full time job so I am without income as long as Bricklink does not
offer an option here.
It is possible that brickling does offer an option that I just don't know
off, this is why I am asking about it!
Thanks again for the help. I know I am not the only one with this issue and a
lot of my friends / colleages from holland would like to know this as well.
gr,
Kevin, Owner of Loonbricks.
PS, english is not my main language, I apologise for any misspelling or gramatical
errors.
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| | | | | | | Author: | kaat | | Posted: | Jul 2, 2021 04:36 | | Subject: | Re: NEW VAT changes 1st july | | Viewed: | 61 times | | Topic: | General | |
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| As long as you do not sell both New and Used, this no problem. Simply enable
VAT if you sell only New (limitation is that it uses VAT percentage of the seller,
not of the buyer), and disable it when you sell only Used. In both your cases,
I would not enable VAT and just carry on as you did before. You will never hit
the 10K limit, as your revenue simply doesn't count towards it. The VAT you
handle outside of BL, as before. Basically you could say: no changes.
In General, bricks.steine writes:
| | Hello,
the same problem in Germany: Here it is called "Differenzbesteuerung". And according
to our law firm, the 10000 Euro do NOT apply for used goods at all. So similar
to the Dutch regulations.
Regards
Stefan
In General, Loonbricks writes:
| | Hello everyone,
Since the first of july (yesterday) we have had some big changes in the VAT collection
system in europe.
"Following the introduction on the new rules for online marketplaces, BrickLink
will enable its VAT collection for goods imported into the European Union (EU)
on July 1st to comply with the new EU VAT Marketplace rules."
(Everyone should have received this email from bricklink)
It basically means that once I sell over 10.000€ a year to EU countries i need
to pay my VAT in the country i ship to, not in my own country.
The problem is that the bricklink methodes for implementing VAT to your store
are far from perfect (as far as i can find out). In Holland we have a special
VAT rule called the 'Margin scheme' which means you are dealing in EXCLUSIVELY
purchased 2nd hand goods and do not settle any tax on purchases or sales, other
than the tax paid over your profit margin.
So the problem is, if i read this correctly in the bricklink email from the 29th
of june, When I am selling for more than €10.000 a year in europe I need to enable
VAT in my store, which means all my goods will be charged with 21%, the dutch
VAT rate, while all of my goods actually need to be charged with 0%, cause of
this special margin scheme tax regulation.
This is straight from the government tax website:
"If you sell goods that fall under the so-called margin scheme, these deliveries
do not count towards the threshold amount. If you apply the margin scheme, you
will owe Dutch VAT to the tax authorities on the profit margin of the goods.
You do not charge VAT to the customer and do not mention this on the invoice.
The VAT is included in your sales price."
At this moment I can not open my store cause once i hit 10.000€ in sales in europe
my VAT needs to be enabled and i will loose 17% of my income, which has nothing
to do with my business and the VAT regulation I am working in.
Is there anyone that has more information about this or any idea on what my options
are here?
At this moment I closed my shop to shield myself from potential problems, but
this is my full time job so I am without income as long as Bricklink does not
offer an option here.
It is possible that brickling does offer an option that I just don't know
off, this is why I am asking about it!
Thanks again for the help. I know I am not the only one with this issue and a
lot of my friends / colleages from holland would like to know this as well.
gr,
Kevin, Owner of Loonbricks.
PS, english is not my main language, I apologise for any misspelling or gramatical
errors.
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| | | | | Author: | leggodtshop | | Posted: | Jul 2, 2021 14:42 | | Subject: | (Cancelled) | | Viewed: | 37 times | | Topic: | General | |
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| | (Cancelled) |
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| | | | | Author: | leggodtshop | | Posted: | Jul 2, 2021 14:45 | | Subject: | Re: NEW VAT changes 1st july | | Viewed: | 63 times | | Topic: | General | |
|
| In General, Loonbricks writes:
| | Hello everyone,
Since the first of july (yesterday) we have had some big changes in the VAT collection
system in europe.
"Following the introduction on the new rules for online marketplaces, BrickLink
will enable its VAT collection for goods imported into the European Union (EU)
on July 1st to comply with the new EU VAT Marketplace rules."
(Everyone should have received this email from bricklink)
It basically means that once I sell over 10.000€ a year to EU countries i need
to pay my VAT in the country i ship to, not in my own country.
The problem is that the bricklink methodes for implementing VAT to your store
are far from perfect (as far as i can find out). In Holland we have a special
VAT rule called the 'Margin scheme' which means you are dealing in EXCLUSIVELY
purchased 2nd hand goods and do not settle any tax on purchases or sales, other
than the tax paid over your profit margin.
|
[snip]
https://www.belastingdienst.nl/wps/wcm/connect/bldcontentnl/belastingdienst/zakelijk/btw/bijzondere_regelingen/margeregeling/kopen_verkopen_margegoederen/
Dus zoals ik het lees: je BTW-id niet registreren op BrickLink, marge-goederen
gewoon verkopen binnen de EU, BTW over de winstmarge afdragen aan de (Nederlandse)
belastingdienst, dat is alles. Lekker simpel.
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| | | | | | | Author: | Loonbricks | | Posted: | Jul 15, 2021 07:57 | | Subject: | Re: NEW VAT changes 1st july | | Viewed: | 57 times | | Topic: | General | |
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| Exact dat.
Gewoon doen wat je altijd al deed.
In General, patpendlego writes:
| | In General, Loonbricks writes:
| | Hello everyone,
Since the first of july (yesterday) we have had some big changes in the VAT collection
system in europe.
"Following the introduction on the new rules for online marketplaces, BrickLink
will enable its VAT collection for goods imported into the European Union (EU)
on July 1st to comply with the new EU VAT Marketplace rules."
(Everyone should have received this email from bricklink)
It basically means that once I sell over 10.000€ a year to EU countries i need
to pay my VAT in the country i ship to, not in my own country.
The problem is that the bricklink methodes for implementing VAT to your store
are far from perfect (as far as i can find out). In Holland we have a special
VAT rule called the 'Margin scheme' which means you are dealing in EXCLUSIVELY
purchased 2nd hand goods and do not settle any tax on purchases or sales, other
than the tax paid over your profit margin.
|
[snip]
https://www.belastingdienst.nl/wps/wcm/connect/bldcontentnl/belastingdienst/zakelijk/btw/bijzondere_regelingen/margeregeling/kopen_verkopen_margegoederen/
Dus zoals ik het lees: je BTW-id niet registreren op BrickLink, marge-goederen
gewoon verkopen binnen de EU, BTW over de winstmarge afdragen aan de (Nederlandse)
belastingdienst, dat is alles. Lekker simpel.
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Netherlands, Zuid-Holland
France, Nouvelle-Aquitaine
Germany, Bayern
