Amazon UK Announcement
Amazon in the UK has announced to their sellers the following statement below which will have significant consequences for some.
“Action required, your account may be interrupted. The UK Finance Bill 2018 is expected to become law in 2018. The bill will require Amazon Marketplace to block non-UK sellers who store goods in the UK from selling through Amazon.co.uk if the seller does not comply with its UK VAT registration requirements. We recommend that you upload your UK VAT number in Seller Central before March 5th 2018 to ensure smooth functioning of your account.“
This follows the UK government which passed a number of new laws to help HMRC get to grips with the problem of overseas sellers, many of which are located outside the EU who are not accounting for and paying VAT when they are selling in the UK.