Understanding the Significant VAT Changes for Amazon Sellers Effective 1st August 2024 – Explained by Saqib Azhar from Enablers
Amazon sellers need to be aware of some major VAT changes that will come into effect on 1st August 2024. These changes will have a significant impact on how sellers handle their VAT obligations on the Amazon platform. It is essential for sellers to understand these changes and how they can adapt their business practices to comply with the new regulations. The changes are being implemented by Amazon in response to new EU VAT rules that are aimed at closing loopholes and ensuring that all sellers pay the appropriate amount of VAT on their sales. The changes will affect sellers […]