Hi,. the vat is coming out on eBay produced vat invoices as £0.00.

[beerbitsuk]

Only just noticed, although the listings have the vat 20% box checked the invoices are showing vat as £0.00. Any one know why that changed and how i can change it back to calculating the vat?

[john1297576]

That sounds as it should be, as VAT is inclusive in the price you charge.

You want it to be 0% as otherwise you are paying/charging VAT on VAT.

[beerbitsuk]

Sorry its maybe the way I wrote that, VAT is inclusive and the invoice printing option I use is 'Invoice template with VAT separately displayed ' so it should display the amount of vat included in the full price. but it shows this:
Net total £12.90
VAT amount £0.00
Seller discounts (-) or charges (+): £0.00
Total incl. VAT £12.90

On the invoice the item line also shows that there is 0 amount of VAT.

[papso22]

So the price you actually want to charge the buyer is 12.90 + 20%, i.e £15.48? The way ebay are doing it means you will have to declare £2.05 to HMRC, leaving you with £10.75. This seems to be another ebay glitch, but one that hits sellers directly in their pockets.

[beerbitsuk]

Thanks for the reply.
The price is correct on the invoice. So the above example I would expect the invoice to read something like:
Net total £10.75
VAT amount £2.15
Seller discounts (-) or charges (+): £0.00
Total incl. VAT £12.90

But it doesn't. I know for sure it used to!