| Discussion Forum: Thread 342382 |
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| | | Author: | Chrisandjax  | | Posted: | Jul 5, 2023 03:26 | | Subject: | VAT Uk store | | Viewed: | 44 times | | Topic: | Selling | |
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| Hi all
This month my sales have been very low. However, i received a message to say,
that although my sales were too low for fees i am being charged $12.00 as VAT
settlement.
Even on a good month my sales are no where near VAT level so im confused how
i am being charged VAT.
Has anyone else come across this or can explain why i am being charged this as
i cant claim it back on my taxes.
Thanks
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| | | | | Author: | yorbrick | | Posted: | Jul 5, 2023 03:41 | | Subject: | Re: VAT Uk store | | Viewed: | 26 times | | Topic: | Selling | |
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| In Selling, Chrisandjax writes:
| | Hi all
This month my sales have been very low. However, i received a message to say,
that although my sales were too low for fees i am being charged $12.00 as VAT
settlement.
Even on a good month my sales are no where near VAT level so im confused how
i am being charged VAT.
|
Does it say what the VAT is on?
Is this $12 for VAT or $10 in fees plus $2 in VAT?
Did you pay your fees last month? As reminders for those will go out today.
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| | | | | | | Author: | Chrisandjax | | Posted: | Jul 5, 2023 06:32 | | Subject: | Re: VAT Uk store | | Viewed: | 20 times | | Topic: | Selling | |
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| Ah looking at the invoice its saying
* Accrued fees are fees that are carried over from previous billing cycles that
have not yet been invoiced"
Just a bit weird as we're not VAT registered and our takings have been so
low over last couple of months.
In Selling, yorbrick writes:
| | In Selling, Chrisandjax writes:
| | Hi all
This month my sales have been very low. However, i received a message to say,
that although my sales were too low for fees i am being charged $12.00 as VAT
settlement.
Even on a good month my sales are no where near VAT level so im confused how
i am being charged VAT.
|
Does it say what the VAT is on?
Is this $12 for VAT or $10 in fees plus $2 in VAT?
Did you pay your fees last month? As reminders for those will go out today.
|
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| | | | | | | | | Author: | yorbrick | | Posted: | Jul 5, 2023 06:40 | | Subject: | Re: VAT Uk store | | Viewed: | 24 times | | Topic: | Selling | |
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| In Selling, Chrisandjax writes:
| | Ah looking at the invoice its saying
* Accrued fees are fees that are carried over from previous billing cycles that
have not yet been invoiced"
Just a bit weird as we're not VAT registered and our takings have been so
low over last couple of months.
|
Bricklink is VAT registered though, and they are collecting the VAT on the services
that they provided to you.
I think the threshold is still £10, so if your owed fees are under that then
they don't charge you that month and carry them over until the next month
and so on until you go over the threshold or reach the end of the financial year
and charge you then.
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| | | | | | | | | | | Author: | Chrisandjax | | Posted: | Jul 5, 2023 07:16 | | Subject: | Re: VAT Uk store | | Viewed: | 29 times | | Topic: | Selling | |
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| Thanks for the info
In Selling, yorbrick writes:
| | In Selling, Chrisandjax writes:
| | Ah looking at the invoice its saying
* Accrued fees are fees that are carried over from previous billing cycles that
have not yet been invoiced"
Just a bit weird as we're not VAT registered and our takings have been so
low over last couple of months.
|
Bricklink is VAT registered though, and they are collecting the VAT on the services
that they provided to you.
I think the threshold is still £10, so if your owed fees are under that then
they don't charge you that month and carry them over until the next month
and so on until you go over the threshold or reach the end of the financial year
and charge you then.
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United Kingdom, England
