If you sell something on ebay do you pay vat?

Question

If so do i need to fill in forms etc?

Answer 1

You only pay VAT @17.5% if you make the selling of goods a business. You would need to be VAT registered to do this, however if you are selling goods online and you are doing this from home and you are using unwanted goods or personal items you are exempt from this.
Though it has to be said that I recently read that Ebay is going to be monitoring the regularity of some ebayers to see whether they should be indeed paying VAT as it could be a business and not the odd item. This has been enforced by the treasurer Gordon Brown of the UK on UK residents.

Answer 2

You need only register and pay vat if your turnover is over £50,000 and something a year. I cannot remember the exact figure as it keeps changing. So unless you are making a substantial business out of it, No you dont have to charge VAT

Answer 3

You only pay VAT if your business turnover is more than £61,000 per year.

Therefore you wouldn't charge VAT unless you are registered with the VAT office. You will be charged VAT on the listing fees though

Answer 4

you only pay vat if you make your living selling on ebay

Answer 5

Only if your turnover is over the VAT threshold. That applies to any business.

Answer 6

it's built into the fee that you pay ebay, they will tell you how much you owe to list the item and then again when it's sold they will tell you the fee, don't worry about VAT

Answer 7

When E-bay take their fees off, in your personal folder it shows a net amount and the gross amount includes VAT. I think it is in all charges you pay them.

Answer 8

no? do you pay vat when you sell something at a car boot sale?

Answer 9

so long as you are under the vat barier, No

Answer 10

You are invoiced once a month your sellers fees. If you're a business seller you have to give extra details.