Recent content by James@88

  1. J

    I want to stop being self employed.

    I have stopped my e-commerce business on eBay since 20th November 2022. I am currently VAT registered and done my recent quarterly VAT for the month August, September and October. For the month of November I didn't have a single sale. Do I still need to do the next quarterly VAT ? I am still...
  2. J

    Claiming pre-registration VAT on services.

    Hi, I am a business seller on eBay. On eBay, business seller gets charged 20% VAT on final fee for using their service regardless of seller being VAT registered or not. HMRC states that VAT on services related to business can be claimed up to 6 months prior to VAT registration. My question...
  3. J

    Do I have to declare tax while selling personal item.

    I am an eBay seller and I want to sell some of my personal item which I no longer use. I want to sell my gaming console and the games which I had for years to clear up some space in my house. Do I need to charge VAT and declare income tax on the money I got from selling it ?
  4. J

    Need help on submitting my first VAT return.

    Thank you for explaining. I appreciate your help.
  5. J

    Need help on submitting my first VAT return.

    Hello guys, I have calculated my VAT and I am ready to submit my first VAT return. I am using VitalTax to submit VAT digitally. The software only allows me to grab data from my spreadsheet. Since this is my first VAT return I will also be claiming input VAT. My question is where do I send the...
  6. J

    Claiming pre-registration VAT- Urgent Help Needed!

    What I meant to say is if I am paying VAT for sales after 1 June, am I eligible to claim input VAT on the purchases made after 1 June ? Thank you
  7. J

    Claiming pre-registration VAT- Urgent Help Needed!

    Thank you for taking your time and explaining properly. Basically I have registered for VAT and have stated my effective VAT charging date to be on 1 June. I will be paying the VAT for the month starting from 1 June. So does that mean I can claim input VAT on the item which I purchased for...
  8. J

    Claiming pre-registration VAT- Urgent Help Needed!

    Could you please elaborate more ? Thank you
  9. J

    Claiming pre-registration VAT- Urgent Help Needed!

    Hi, Thanks for your response. I have just been advised by an accountant that as long as it was for business purpose and the VAT invoice clearly labels my address as billing address and includes seller's business address and their VAT number, I will be able to claim the input VAT. Any...
  10. J

    Claiming pre-registration VAT- Urgent Help Needed!

    Guys, I need some help. I am a sole trader selling online on eBay as a dropshipper. I found out at the end of May I had exceeded the VAT threshold and I am late by two months to register for VAT but I have now registered for VAT and I am on the process of getting my VAT certificate. I am also...
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