Author Topic: On-line Stores & Sellers  (Read 402767 times)

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Offline Que

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Re: On-line Stores & Sellers
« Reply #1440 on: November 13, 2021, 01:58:39 AM »
Wow, so we can order from Amazon again? Without import duties?

Nope... the individual seller has to join the OISS scheme of the EU, to collect the VAT for the country of destination. Of course it would be smart of Amazon UK proper, to do so.

The Import One-Stop Shop (IOSS) is the electronic portal businesses can use since 1 July 2021 to comply with their VAT e-commerce obligations on distance sales of imported goods.

From 1 July 2021, all commercial goods imported into the EU from a third country or third territory is subject to VAT irrespective of their value.

The IOSS allows suppliers and electronic interfaces selling imported goods to buyers in the EU to collect, declare and pay the VAT to the tax authorities, instead of making the buyer pay the VAT at the moment the goods are imported into the EU as it was previously the case (for products over 22 EUR).


https://ec.europa.eu/taxation_customs/ioss_nl

« Last Edit: November 13, 2021, 02:01:01 AM by Que »

Offline Madiel

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Re: On-line Stores & Sellers
« Reply #1441 on: November 13, 2021, 02:02:50 AM »
Of course it would be smart of Amazon UK proper, to do so.

I wouldn't hold your breath on that one, given the way Amazon wailed and wailed about how it was too hard to deal with the Australian tax system on its overseas websites (a system that many other overseas retailers, including Presto, seemed to have no difficulty implementing).

They might do it if they consider the EU a sufficiently attractive market for Amazon UK. But how much EU traffic goes there instead of to Amazon France, Amazon Germany etc etc?
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Offline "Harry"

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Re: On-line Stores & Sellers
« Reply #1442 on: November 13, 2021, 02:05:50 AM »
Good gracious, I had my hopes up sky high when I read this, I need a stiff drink to stomach this blow. Will there be a chance Amazon will join the OISS scheme?
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Offline Papy Oli

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Re: On-line Stores & Sellers
« Reply #1443 on: November 17, 2021, 02:03:43 AM »
Olivier

Offline Madiel

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Re: On-line Stores & Sellers
« Reply #1444 on: November 17, 2021, 02:21:42 AM »
Oh that's crazy. I predict backlash. Against Amazon, not Visa.
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Offline Biffo

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Re: On-line Stores & Sellers
« Reply #1445 on: November 17, 2021, 02:56:48 AM »
Oh that's crazy. I predict backlash. Against Amazon, not Visa.

Amazon will be losing a lot of business from me. I try to avoid them for my music purchases, it now looks like I will have to do the same for other items.

I accumulate Amazon purchases on my Visa credit card and pay off the total at the end of the month.

Offline The new erato

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Re: On-line Stores & Sellers
« Reply #1446 on: November 17, 2021, 03:43:11 AM »
There are so many reasons people should avoid Amazon. This is just a minor additional one.

Offline "Harry"

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Re: On-line Stores & Sellers
« Reply #1447 on: November 17, 2021, 04:11:37 AM »
There are so many reasons people should avoid Amazon. This is just a minor additional one.

Well not so minor for me as a matter of fact. I ordered quite a few DVD'S and Bu-Rays from England for several reasons. The first and most important one are the Subtitles, English as a preference, for since the film industries abolished a dialogue coach in films and series, the mumbling of lines is becoming a plague. Even my English friends told me they had to put the subtitles on, for they could not understand a word square wise. Secondly a few of those series and films are available on the German Amazon, either synchronized in German, (BAH) or with German subtitles, not to mention that they change all original titles into German ones. The Dutch Amazon has a saddening amount of films and series produced on the soil of England, often for very high prices, and no Blu-Rays as advertised in England. All in all it is a disaster for me.
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Offline Que

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Re: On-line Stores & Sellers
« Reply #1448 on: November 17, 2021, 02:08:34 PM »
For the UK holders using Visa credit cards on AMZ:
https://news.sky.com/story/amazon-to-reject-customer-payments-using-uk-issued-visa-credit-cards-12470641

Background info from earlier this year:
https://www.bambora.com/news/mastercard-and-visa-announce-changes-to-interchange-fees-between-the-uk-and-the-eea/


Greed ? Brexit ? Both ?  :blank:

Brexit first, and greed on the part of the credit card companies second:

Amazon said it has made the decision due to “the high fees Visa charges for processing credit card transactions”.

These high fee costs are understood to be a result of Brexit, with the UK no longer under a cap from EU law for interchange fees (up from 0.3% last year to 1.5% this year).


https://www.thejournal.ie/amazon-rejects-uk-visa-payments-5603860-Nov2021/

Offline Brian

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Re: On-line Stores & Sellers
« Reply #1449 on: November 17, 2021, 02:55:34 PM »
I think American Express charges a higher fee than that. And PayPal.

Offline Madiel

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Re: On-line Stores & Sellers
« Reply #1450 on: November 17, 2021, 05:01:14 PM »
Brexit first, and greed on the part of the credit card companies second:

It's not greed if it reflects actual higher costs.
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Offline JBS

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Re: On-line Stores & Sellers
« Reply #1451 on: November 17, 2021, 06:45:08 PM »
I think American Express charges a higher fee than that. And PayPal.

A number of years back (meaning things may have changed since, and assuming the same system was used in both the UK and USA) I had a job which involved processing credit card transactions through our bank.
Fees were based on the amount of business the merchant did with the credit card company. The lower the volume, the higher the fees. The greater the volume, the lower the fees. Meaning Amazon is probably charged at the lowest level, and if this is a real problem it will probably be worse for Presto and other UK vendors.

Amex btw charged significantly higher fees than anyone else, which is why some places don't accept their cards.

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