Did you ever get this sorted out as i find myself in exactly the same position today and it is confusing the hell out of me. In my settings it also says i am "VAT exempt on ebay fees" and VAT staus approved, even though i am not VAT registered and have never given them any VAT numbers.

Trying to get an answer on this seems impossible so i am hoping this old thread and be revived in an attempt to get some clarity.