Your VAT return includes the info on the EC supplies and purchases as well. However, if you have these amounts filled in Xero (boxes 8 and 9), you’ll need to submit them separately in the form of an EC Sales List as well. EC Sales List is a report that has to be sent …
VAT Return: File It From Xero Before the Deadline Continue Reading »
As of the end of March, 2020 one third of retail e-commerce sellers recognized that COVID-19 crisis challenged them to update their marketplace strategies to improve their Amazon UK sales. Interestingly, they are planning to do further updates due to Amazon’s fulfillment restrictions on shipment conditions for various product categories too. That’s why it is …
6 Ways to improve Amazon UK sales during COVID-19 Continue Reading »
After changing the VAT scheme all the adjustments have to be done using VAT box adjustments. These adjustments should get away duplicates and missing transactions in the VAT returns. If your VAT return is nil If your VAT return is nil, you still have to file it as you would normally do showing zeros on …
