You will not be charged any selling fees on the taxed amount.įor both Reverb Payments and PayPal transactions the payment processing fee is calculated on the full order total (including the VAT amount), as this payment processing service is needed to complete the entire online transaction. The VAT amount is then added to your Reverb Statement, which is collected on the 1st of the month (along with any other Reverb Selling, Bump, Shipping Label Fees, etc).These taxes are paid out to the seller in the initial payout for the order.
In these PayPal-only transactions, Reverb, as an online marketplace, is still responsible for collecting and remitting VAT to the taxing authorities.In the event your shop is in a location not supported by Reverb Payments, you may see a VAT amount on your Reverb selling statement. Alternatively, the seller may opt to have their customer may pay at customs or to the delivery agent. This means the seller may pay the import VAT (and duties) on clearance, and reclaim if they have a UK VAT number. They're taking 25 off their inventory for the week but this has been filtered to only new and sealed records. Culture Clash is a record store out of Toledo, OH. Orders above £135 will use the existing import VAT procedures. Reverb LP 25 Off New & Sealed at Culture Clash Records by reverblp in VinylDeals.
They are collected, and then automatically remitted. I f you sell via Reverb Payments, the VAT collected and remitted by Reverb is automatically deducted from your payout, so there is nothing you need to do on your end and you are not actually charged for the taxes. Reverb automatically calculates, collects, and remits VAT to the UK government on your behalf. When you sell an item with a cost of £135 or less on Reverb to a buyer in the UK, you're required to include the packing slip provided by Reverb, which contains all the information required by UK customs.īeyond printing and including the packing slip provided by Reverb for every order totaling £135 or less, no additional action is required on your part. For more information, you can check out this article by our tax partner, Avalara. This is a requirement set by the UK's HMRC due to UK post-Brexit changes and UK B2C eCommerce reforms. Shipping to the EU? Learn more about how VAT applies to orders shipped to the EU.Īs of January 1, 2021, Reverb is required to collect import VAT for low-value physical goods sent to buyers in the United Kingdom and remitting VAT to the UK government. If by chance they frequent this sub I just want to say thank your for going above and beyond in a day and age when everything seems like a money grab, and customer service doesn’t seem like a priority anymore.The VAT policies outlined in this article pertain to orders shipped to the UK. I’m really blown away by how great this company is and just wanted to put it out there for anyone who is looking for a place to purchase vinyl online. Today my new album arrived in great shape, along with a custom printed Reverb LP cork mat for my turntable. All of this took place at about 10am Christmas morning. Ten minutes later she got and email showing that they refunded purchase, and assured her they would still send a new album once they found it. They responded in less than 20 minutes apologizing profusely, and stated that they would procure another album of equal condition and get it sent out ASAP. My wife took a picture of the damage and sent it via email to Reverb right then letting them know what had happened. She found me a near mint condition original pressing of it on Reverbs website.Ĭhristmas Day comes and I opened it up to find that it had been damaged in shipping. I asked my wife for the Crosby, Stills, Nash & Young, Deja vu album for Christmas.
So I wanted to give a big thank you to Reverb LP for some really amazing above and beyond customer service.
0 kommentar(er)
