New VAT tax requirement

[Jay]

I think I’ve seen others mention the upcoming VAT tax requirement: https://www.ebaymainstreet.com/news-events/eu-vat-information-us-sellers

But do we actually have to add info to each current listing? Or does eBay just handle things?

Or is this just for people who specifically list on eBay.eu and not eBay.com?

[Retro Treasures WV]

This page clarifies your questions:

https://www.ebay.co.uk/help/selling/selling/vat-obligations-eu?id=4650#section4

Scroll down to the “EU changes at a glance” section

There is a chart explaining the scenarios based on seller and item location. Below that is a section pertaining to GSP.

 

In short, you don’t have to do anything.

[Jay]

In short, you don’t have to do anything.

Retro, thats all I need to hear 🙂

[Antique Frog]

Don’t know. I’ve sold items to fellow Europeans on the continent since July 1st via GSP without providing any info. I think what’s happened is that eBay is charging European customers VAT on all sales, and there’s a chance that these customers could be charged again by their local authorities if certain info is not provided.

I sold a calculator to a Spaniard for £300 at the beginning of July. He was charged £100 extra by eBay for GSP; before the UK left the customs union, he would have been charged somewhere around £15.

 

[Sharyn]

There is this page as well:

https://export.ebay.com/en/fees-and-payments/taxes-and-accounting/vat-eu-2021/

From 1 July 2021 the VAT collection regulations on e-commerce in the EU changed. From now on eBay collects and remits VAT on goods which are sold in the EU based on seller location, consignment value and item location.

[Antique Frog]

Share IOSS number for EU imports: where eBay has collected VAT on your shipment into the EU (up to a consignment value of €150), always electronically share the eBay-provided Import One-Stop Shop number with your carrier. Otherwise, your buyers may have to pay VAT again on delivery.

So I suppose the GSP scheme takes care of this.

[Temudgin]

In short, you don’t have to do anything.

With one caveat: If you use a third party shipper off eBay you’ll need to include the code. I have seen it as a third line in UK addresses that looks something like this: “Wideopen GB 3625 60805 75 Code:Paid” and it will be visible within the buyer’s address as shown off to the right on the eBay label printing page.

Which makes it a bit of a pain with UK addresses, especially, since those addresses already have too many lines (what’s with that, AF?).  But recently I found that PirateShip for example provided a separate entry block specifically for the code which I assumed worked because the buyer gave me positive feedback.

[Antique Frog]

@temudgin With UK addresses the house number or name and the postcode are the important bits. Often people include the county and the name of the area within a town, e.g. Brooklands Aviation, Buttocks Booth, Moulton, Northampton, Northamptonshire NN3 6AH, where half the information is otiose.

This is  the Royal Mail site with an address checker.

I wonder whether the “Wideopen” code is duplicated in a machine-readable format on the shipping label. I can’t imagine any postal worker tapping in 11-figure codes all day.

 

[Jay]

Otiose: “serving no practical purpose or result.”

[Author]

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