How to sell stocked items in UK while being abroad myself.
I own a stock at a fellow's office in the UK. Though I am not based in the UK, I want to sell these items on eBay in the UK market. Is it fine to do so, or is it against eBay's item location policy?
6 comments
sml192
·6 months ago@purepick1
This is in response to your thread entitled 'How to sell stocked items in UK while being abroad myself' as I am unable to respond directly to that thread.
https://community.ebay.co.uk/t5/Member-To-Member-Support/How-to-sell-stocked-items-in-UK-while-being-abroad-myself/m-p/7986403#M336912
What you are proposing is perfectly legal, however, there are VAT implications. Ebay will be required to collect and remit VAT on your sales (of any value) from your buyers. You will be deemed to have made a zero rated supply to eBay and will then be able to reclaim any Import VAT that you paid when the goods originally came into the UK.
You will need to register for UK VAT. See HMRC VAT Notice 700/1, Sections 9-12, for full details:
https://www.gov.uk/government/publications/vat-notice-7001-should-i-be-registered-for-vat/vat-notice-7001-should-i-be-registered-for-vat#non-established-taxable-persons--basic-information
See also eBay guidance on VAT obligations here:
https://www.ebay.co.uk/help/selling/selling/vat-obligations-uk-eu?id=4650#section9
@tobiasd4
@red_magpie
tobiasd4
Mentor6 months agoYou can do this, but UK buyers will pay 20% VAT and maybe import fees as well.
purepick1
OP6 months agoof approval to sell items which are not located at my home country but are
already stocked in UK, is it legal on ebay? I don't want to ship from
Pakistan on daily basis so I stocked these in UK, now the dispatch address
will be UK where the item is located but I fear that I could lead to risks.
tobiasd4
Mentor6 months agoAs your account is registered in Pakistan, that is why extra fees are paid.
purepick1
OP6 months agothank you for helping me but what fee are talking about?
red_magpie
Mentor6 months agoThis is taken from eBay's guidance on VAT:
Goods shipped to the UK from abroad
Effective 1 January 2021, eBay is required to collect VAT on certain orders delivered to UK addresses:
Orders up to £135 sent from outside the UK
Orders of any value where the item is located in the UK, but the seller is not a UK seller
For higher value items, VAT and duties are also likely to apply. However, VAT on purchases valued at over £135 will be payable directly to the UK customs authorities by the buyer.
You can read the full guidance here: https://community.ebay.co.uk/t5/Member-To-Member-Support/How-to-sell-stocked-items-in-UK-while-being-abroad-myself/m-p/7986403#M336912