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25-02-2024 10:35 AM
Hi all,
This is my first post in the community although I've been selling for a few years.
Yes, this half a percent (including VAT) adds another burden onto the camel's back (which may break at some point) but it's a burden for everyone - not just me. Eventually, everyone will raise prices so that the buyer pays, or they will take it on the chin and absorb the reduction in profit.
My plan is to increase prices on new listings and re-listings (which may make me less competitive in the short-term) and play the long game.
When the UK Government raises taxes we can't do anything but cheat or moan.
When the ebay government raises fees all we can do is moan.
Love you all.
Tony