30-08-2020 7:40 PM
Hi I'm Shehani From Sri Lanka(Country in Asia). I Started selling on ebay UK in the month June and currently I selling my items to UK customers only where my warehouse also located in UK .I go through with ebay community and coudn't find an answer for this problem.
I wanted to know am I really eligible for HMRC VAT?
SInce some are saying I needed to pay for vat if my annual income more than 85K and some are saying Since I'm an overseases seller though my items located in UK, I need to pay VAT.
Thank you
As an overseas based seller with goods located in the UK you have to register for VAT immediately, there is no turnover threshold. You also need a business account.