I am selling off items I bought prior to covid where I paid vat on them as a non vat registered small trader. the business closed, with covid and I am selling the remaining stock on ebay as a private seller at less than I bouught it for, to mainland UK buyers only.
Ebay have now started adding VAT to the purchase price the buyer pays. Together with the 20% vat and buyers protection fee plus postage they may as well go to a discount store. Notice many of my sales have stopped on lower cost items with these extra charges, so it will not be worth the effort of putting them on ebay and then taking to parcel shop if I have to drop the price further to make them sell.
This seems to have come about when I hit the threshold for reporting to HMRC which I do anyway for my othe business. But all my trading will nowhere it the Vat registration threshold.
Any thoughts?