eBay recently announced that sellers on its U.K. platform will be required to pay a 20% value-added tax on fees paid to the company beginning August this year. The new VAT is applicable to sellers that have annual turnover (sum total of all goods sold through the website) in excess of £85,000.
eBay recently announced that sellers on its U.K. platform will be required to pay a 20% value-added tax on fees paid to the company beginning August this year. The new VAT is applicable to sellers that have annual turnover (sum total of all goods sold through the website) in excess of £85,000.
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