Amazon want to help small businesses succeed and to make online selling and exporting faster and easier for small businesses are officially announcing the introduction of a new service called VAT Services on Amazon.
VAT Services on Amazon is a new service from Amazon and global tax compliance solution provider Avalara, which supports small businesses with VAT registration, reporting and filing for select European countries outside of their home country. The new VAT Services on Amazon service will enable Marketplace sellers from the UK and across the EU to manage their VAT obligations.
The service covers VAT reporting obligations in France, Germany, Italy, Poland, Spain, Czech Republic and the UK. Integrated within Amazon’s Seller Central, VAT Services on Amazon supports Marketplace sellers with local VAT registration, reporting sales from Amazon Marketplace and other sales channels if necessary, as well approval and filing of relevant VAT documentation.
“Amazon is always looking at ways of improving the support offered to sellers to help them grow their business, and the launch of VAT Services on Amazon is an exciting next step to help small businesses quickly and easily sell abroad and manage VAT obligations.”
– Francois Saugier, Vice President, Seller Services, Amazon
We did write about VAT Services on Amazon a couple of months back before it was officially announced, and there’s some good news. The fee has dropped by 20% and is now €400 per year per country plus €100 per year to include your off Amazon channel transactions.