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| *Ostroff, Fair and Company>>>United Kingdom Taxes |
Online second-hand goods business based in UK, earnings only from commission. How does VAT affect me? |
I am running an online and offline marketplace for second-hand goods. I own some of the goods that i sell, but most of the goods are just listed by other sellers, and I receive a commission from the sale (just like Amazon). How does VAT affect me? If you own a company, you're liable to VAT if you earn over 拢60,000 a year. If you're soletrader it may be less than that. Goto http://www.hmrc.gov.uk for more info Source(s): Ben http://www.getyourebook.com |
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