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VAT on fees from Aug 1st

Can anybody clarify? It's as clear as mud. Thx

Comments

  • theonlywayisup
    theonlywayisup Posts: 16,032 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Are you a business seller or a private seller.
  • soolin
    soolin Posts: 74,964 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    For business sellers all our fees will be increased to account for VAT, private sellers are already paying VST so there will be no change. It's quite a big increase especially coming so quickly after the rise in shop fees.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • I'm a business seller - the way i read it is:
    Insertion fee of 30p will now be 36p
    10% fvf on an item which sells for £20 is now £2.40 (rather than just £2)
    Is this correct?
  • goodfella66
    goodfella66 Posts: 420 Forumite
    Part of the Furniture 100 Posts Name Dropper
    I'm a business seller - the way i read it is:
    Insertion fee of 30p will now be 36p
    10% fvf on an item which sells for £20 is now £2.40 (rather than just £2)
    Is this correct?

    Spot on. A hefty increase in fees. I know people will say before Jan '15 we were paying this anyway, but the shop fees are a lot higher since then, fees (in my categories) have gone up 2% since then plus P&P is now included in the fees. :(
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