Hello eBay Community,
I have recently upgraded my business account to vat registered having now hit the threshold. While I applied for a vat number, eBay put my account on hold. I have now updated my vat information on the account, but need advice on the following as information within eBay seems very sketchy:
1. I had about 800 listings before my account went on hold. Now I am back online, do I have to revise each listing to now include vat payment, or will eBay do this automatically through the account settings vat update.
2. Do eBay collect and pay HMRC direct for the vat payment and does this mean that a separate payment direct from myself to HMRC is not required.
3. Can anyone point me in the right direction to read up on this, I am the type of person that prefers to understand the rules, rather than rely on others.
Thanks in advance for any help on this subject.
ModelKits4U
