Preparing for Amazon’s VAT changes: What UK & EU sellers need to know

Amazon recently announced that they will implement changes to the VAT treatment on selling and fulfillment fees. These changes will take effect on 1 August 2024, and may impact cash flow and profitability for Amazon sellers.
In this webinar recording, A2X, Elver E-Commerce, and Swoop discuss:
- The specific Amazon VAT changes and their implications
- The effects on cash flow and profitability
- Strategies for mitigating the impact of these changes
We apologize for the audio issues between 01:15 and 04:57. Please refer to the captions and reach out to A2X if you have any questions.
Additional resources:
- Elver E-Commerce’s guide to the upcoming VAT changes - www.elverecommerceaccountants...
- Elver E-Commerce’s guide to managing inventory to improve cash flow - www.elverecommerceaccountants...
Get in touch:
- Get in touch with Elver E-Commerce - www.elverecommerceaccountants...
- Get in touch with Swoop - swoopfunding.com/
- Book your free consultation with A2X - [e-mail]
00:00 Preparing for Amazon’s VAT Changes: What UK & EU Sellers Need to Know
01:15 Meet Elver E-Commerce Accountants
02:13 Agenda
02:42 What are the upcoming changes to Amazon’s VAT treatment for fees?
05:03 How A2X will help manage the Amazon VAT changes
06:31 How do these changes impact sellers in the UK?
09:35 What you can do to mitigate the impact
12:12 Funding options with Swoop
19:15 Audience Q&A
19:18 Do these changes affect fees for all Amazon marketplaces that are being charged to a UK business?
19:53 Will UK and EU advertising fees be affected?
20:29 I have a client thinking of subscribing to A2X, should they start now or on/after 1 August 2024?
21:24 How quickly can you turn around a VAT funding application?
22:42 Is A2X’s 30-minute consultation offered per-client?
23:18 When will be the best time to schedule the work that will be needed to get our A2X account set up for the changes - before or after 1 August?
24:42 Which sales channel is the trickiest to manage?
24:34 Can A2X be connected historically on Xero?
26:11 Are Swoop loans unsecured and are guarantors required?
28:32 Will A2X automatically update my mappings?
The information provided in our webinars and resources is meant to be general in nature. Please consult a certified expert to get advice for your specific business requirements.