VAT for UK E-Commerce Business – FRS

Forum Categories › VAT SCHEMES › VAT for UK E-Commerce Business – FRS

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  • 16 January 2022 at 11:00 #55778
    Chris81
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    I run a dropshipping business which is now required to collect VAT. 

    I use a printing production partner who has bases worldwide so any order is shipped within that country. US to US, UK to UK, EU to EU etc.

    Since Jan 1st 2021 it appears all orders have to be treated as UK point of sale.

    Am i best to apply for Flat Rate Scheme and pay across all income or does anyone know if some of these sales are 0% VAT shipping to certain countries from UK point of sale.

    Also does the Flat Rate Scheme mean i would use the 8.5% rate for Printing as shown on the Gov UK website. For example if i had a £100,000 turnover i would simply pay HMRC 8.5% of £100,000?

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