BrickLink to cover VAT collection on EU goods shipped to UK

No primary category set

According to a report from brickfanatics, BrickLink is attempting to implement a solution that will make the platform responsible for the collection of VAT for purchases under £135, rather than the seller.

Currently, sellers in the EU are responsible for paying sales tax for their non-EU residing buyers when purchases are over £15. Those sellers are expected to register and pay the HMRC what they owe. However, as spoken about previously it looks like brickLink will be responsible for VAT on all purchases under £135 as per UK government guidance;

“The new arrangements will also involve the abolition of Low Value Consignment Relief, which relieves import VAT on consignments of goods valued at £15 or less.

Online marketplaces (OMPs), where they are involved in facilitating the sale, will be responsible for collecting and accounting for the VAT.”
– gov.uk

BrickLink seems to be doing what they can to ensure this after confirming that they are registered as a UK marketplace. They have however also made it clear that they are still working on implementing the VAT collection solution. If you are an EU seller currently shipping goods to the UK it might still be a good idea to register with the HMRC to avoid any issues whilst said solution is being sorted out.

RELATED POSTS..

Update to Amazon’s IOSS Numbers

Update to Amazon’s IOSS & VAT Numbers

Amazon B2B product-specific VAT changes

VAT Services on Amazon ends 31st October

Referral Fee Changes Amazon Base Reserve policy impacts cashflow Amazon Disbursements held & VAT Liability email Amazon delay FBA Fee changes (and correct errors)

Amazon Disbursements held & VAT Liability email

Jersey GST applied to ecommerce from 1st July

Amazon notify sellers of Jersey GST

Jersey GST applied to ecommerce from 1st July

Jersey GST applied to ecommerce from 1st July

Featured in this article from the ChannelX Guide – companies that can help you grow and manage your business.

Latest

Take a look through a selection of the latest articles on ChannelX

Register for Newsletter

Receive 5 newsletters per week

Gain access to all research

Be notified of upcoming events and webinars