Amazon FBA VAT Exemption Explained - SAVE THOUSANDS!

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  • @AliaPrice-yn2kj
    @AliaPrice-yn2kj 5 місяців тому

    Love this style of videos!

  • @faisalejaz3326
    @faisalejaz3326 4 місяці тому

    Dear sir, just explain one thing that the vat tax would be on total sales value or fba and refferel fees, or total profit made by sales on amazon? How can i calculate my vat tax as a across border seller. Thanks

    • @Profitlapp
      @Profitlapp  4 місяці тому

      We'd recommend speaking to an accountant 😀

  • @johndocherty7173
    @johndocherty7173 5 місяців тому

    Hello 👋
    Sorry this is a different question than the video.
    I am only selling in Australia mate. Thing is when I go into global seller I am linked to other countries?
    Can you tell me how to unlink a country.

    • @Profitlapp
      @Profitlapp  5 місяців тому +1

      Hi, if you go to the holiday settings in your account and mark other countries as 'on holiday' you will not sell to those countries.

    • @johndocherty7173
      @johndocherty7173 5 місяців тому

      I got this message from Amazon.
      We have reviewed the documents that you provided, but we could not complete the verification. As a result, your case will be closed, and your account will not be activated.
      Why is this happening?
      The country of origin that you selected in Seller Central when you registered your account does not match the country of origin in the documents that you provided.

  • @matthewallison4464
    @matthewallison4464 5 місяців тому

    Do you have any advice on how to go about it as a sole trader? Really struggling to get anywhere

    • @Profitlapp
      @Profitlapp  5 місяців тому

      Did you watch the video? You simply sent Amazon support the message!

    • @matthewallison4464
      @matthewallison4464 5 місяців тому

      ​@@Profitlappof course I watched the video. You're message to send to seller support starts with 'Private limited company' and 'attached copy of my certification of incorporation'. Neither of these apply to a sole trader which is why I asked if you had any advice for a sole trader. As someone who pays for subscriptions from yourselves for your services the reply to my comment is disappointing..

    • @Profitlapp
      @Profitlapp  5 місяців тому

      So you just change the start of the sentence to "I am a sole proprietor", the rest is the same 😀

  • @Aden-corner
    @Aden-corner 5 місяців тому +2

    From august 1st they will charge us VAT on fees

    • @Profitlapp
      @Profitlapp  5 місяців тому

      Yes they've just announced this, typical Amazon!

  • @amishgaming7895
    @amishgaming7895 3 місяці тому

    Hey buddy will vat exempt going to be charged Vat now As i can see No vat charge

    • @Profitlapp
      @Profitlapp  3 місяці тому

      Hi, following Amazon updating how they treat VAT on 1st August 2024, VAT exemption is no longer available.

  • @muhammadkhayam1545
    @muhammadkhayam1545 2 місяці тому

    Hi i have just created an new Amazon account and i am resident in uk and i don't know how to get the VAT exemption and i don't have cross any 90k threshold can i get vat exemption available for me or not?

    • @Profitlapp
      @Profitlapp  2 місяці тому

      Hi. Amazon stopped VAT exemption last month sadly

    • @muhammadkhayam1545
      @muhammadkhayam1545 2 місяці тому

      @@Profitlapp no man I have confirmed that exe is still available for uk resident

    • @Profitlapp
      @Profitlapp  2 місяці тому

      No it's not