FA+
Shop
Chomping At The Bit But Going Nowhere
10 years ago
Recently I was planning to open for some quick traditional media commissions, and before I did that I looked into what it takes to sale and ship. First I looked at the shipping part; ok a 3in by 6in index card in the U.S. wouldn't cost more then a stamp it's when I looked into shipping to the UK or Europe than I thought about sales tax and such things. Looking at the US point of sale I have it mostly figured out but for EU I haven't a clue. With the VAT (value added tax) I see a lot of articles saying you have to register for a VAT number and keep customer info for 10 years.
This also hits with the digital commissions too since here in the US some states charge a digital goods sales tax and some don't. Some have it where the location of the business determines the sales tax, while others determine it by where the buyer is. From what I understand for the VAT in Europe varies from country to country.
I may just have to see how much a tax adviser costs to make sure I'm not just over thinking this, because I would like to know how to handle this before I open, though there is a good chance they will simply say since I haven't taken commissions they don't have anything to work with to give advise.
*goes to lay down due to the amount of brain hurt.*
This also hits with the digital commissions too since here in the US some states charge a digital goods sales tax and some don't. Some have it where the location of the business determines the sales tax, while others determine it by where the buyer is. From what I understand for the VAT in Europe varies from country to country.
I may just have to see how much a tax adviser costs to make sure I'm not just over thinking this, because I would like to know how to handle this before I open, though there is a good chance they will simply say since I haven't taken commissions they don't have anything to work with to give advise.
*goes to lay down due to the amount of brain hurt.*
"The hardest thing in the world to understand is the income tax."
-Albert Einstein -
If you're running the server yourself, it's your problem.
That's only for VATMOSS, mind - for physical goods I think the rate of VAT applies in the place of sale. For my records, I only have to worry about VAT if I sell more than £81'000 of them in a single year, which would be a freaking miracle, since I've yet to sell a single one.
Here's a link to the Tumblr post if you're interested.
http://chalodillo.tumblr.com/post/1.....-new-info-from
As for the physical commissions I was thinking about; I think I will move forward with them and see how it all goes since it was VATMOSS that was making my head hurt.