TBA Global

updates

Urgent! Amazon UK accounts subject to withholding of funds?

  Amazon UK VAT Shock! Numerous seller accounts frozen! Additional payments required! Recently, many sellers have received emails from Amazon regarding additional tax liabilities. The emails state that Amazon will assess the accounts of sellers and demand the payment of any outstanding UK VAT owed since January 1, 2021. During this period, sellers will have …

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Jersey – GST Policy Update

What is GST? Jersey has extended their Goods & Services Tax (GST) to online transactions, which includes e-commerce platforms such as Amazon.  The current GST rate is set at 5%, and is payable to Revenue Jersey (Jersey Tax Office)[1]. GST is applied to the full consignment value, including any other taxes/charges/delivery fees etc.   Do …

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