Amazon VAT Increase Update: Exactly how it is going to impact your profit!

Amazon VAT Increase Update: Exactly how it is going to impact your profit!

Amazon have finally released the UK and EU VAT Invoices for sellers registered in the UK. Learn how Amazon have applied these, what impacts they will have on your profit and what your next steps should be.

Learn:
How Amazon VAT has changed
How Amazon has implemented the change
The impact of this VAT increase on your business, whether you are Non- VAT Registered, Flat Rate scheme or Normal VAT scheme.


How Amazon VAT works:    • Amazon VAT Explained by UK Accountant  

Stay informed and ensure your Amazon business stays profitable with these essential tips and insights.

📅 Important Dates:
August 1, 2024: New VAT Rule Implementation
All Amazon invoices are now released so you can take a look in tax documents to find out how its going to impact you.

⏱️ Timestamps:
00:00 How Amazon VAT has changed
00:26 How VAT is charged on a UK Invoice
00:39 Impact of Amazon VAT on VAT Registered businesses
00:59 Amazon is charging UK vat on EU invoices!
01:54 Impact of Amazon VAT on non-VAT Registered businesses
02:49 Impact of Amazon VAT on Flat Rate Scheme Businesses
03:53 What Non-VAT registered businesses need to do next
04:02 What flat rate Amazon businesses need to do next
04:13 What VAT registered Amazon businesses need to do next

🔗 Links:
Removing VAT from Pre-August 2024 Fees:
https://yourecommerceaccountant.co.uk...
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https://yourecommerceaccountant.co.uk...
Join our FREE Webinar:
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Ecommerce Knowledgebase:
https://yourecommerceaccountant.co.uk/kb