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Yes, I am VAT registered.
But rather than selling at £1000 + VAT (£1200) - which makes me uncompetitive to a consumer, I have to sell at £1000 (eg. £833 + £166 VAT).
I buy products for my customers from a Chinese supplier.
Once purchased they dispatch directly from their UK warehouse to either me or my customers.
They do not charge VAT, but I will have to pay HMRC VAT.
After doing this, I am left with very little profit.
I can't charge VAT to my customers as...