You are reading a single comment by @M_V and its replies.
Click here to read the full conversation.
-
After speaking with the helpline i got through to a nice irish chap who left me jaw dropped, he claimed the UK government as of july will be charging VAT on all private sales... Surely this cant be right?
I’ve done a quick bit of Googling and this seems like bullshit.
There are some things about vat on private sales but it all still hinges on the vat threshold of £85k.
Maybe Ebay are just starting to assume that the majority of sellers using the platform will be doing that level of sales?
M_V
Man ebay if boiling my blood right now! The list of changes seems to be never-ending, i read a couple posts in this thread about the managed payments... what a joke! I sold a bike last friday (tasty steel colnago) and the payment wasn't processed by ebay until the following Tuesday, i then had to wait for my bank to process the payment on top of that... So it can take up to 7 whole days total for my payments to clear! And i am just expected to post as usual.. HA!
How can say a skint new user join ebay to clear some unwanted stuff and be expected to post sold items without receiving a penny. This is going to destroy new sellers joining, and will kill off buyers also due to delays in receiving an item!
To top all this off the are now forcing VAT on anything under £125, why the F do i have to pay that if i am not VAT registered? (no requirement until 85k+ turnover) this is going to make accounting even more of a ball ache.
After speaking with the helpline i got through to a nice irish chap who left me jaw dropped, he claimed the UK government as of july will be charging VAT on all private sales... Surely this cant be right?
rant over :D