EU import VAT

Hello all,
I am sure this has been covered somewhere

Just looking through our billing for the month, who pays the EU import VAT? We have done 4 orders this month with a total of £15.04 but cant get my head around if we pay it or the customer

Thanks in advance

Ian & Paula

Comments

  • 3 Comments sorted by Votes Date Added
  • The customer pays it to you, you pay it to Brick Owl, Brick Owl pays it to the relevant tax authority.
  • @Hoddie thanks for the reply, think i have got my head round it
    each item on the order the value is increased by 21% more than what its listed for
  • Yes indeed, you still get the price you set for your items. You do lose out a little depending on how the buyer pays, for example if they pay by PayPal, you pay the fees on the VAT element. To prevent this you'd need to block sales from countries that BO applies VAT to, which leaves you with a judgement call - is it better to sell stuff for slightly less than you expect, or not accept those orders in the first place?
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