There are 5 types of VAT Settings that you can select in EU marketplaces.
Not Applicable
VAT = 0%
Not Registered
▸VAT On Fees (FBA) = (Amazon Referral Fee+Closing Fee+FBA Fulfillment Fees) * Not Registered %
▸VAT On Fees (FBM)= (Amazon Referral Fee + Closing Fee) * Not Registered %
Flat Rate
▸VAT On Fees (FBA)= (Amazon Referral Fee + Closing Fee + FBA Fulfillment Fees) * Flat Rate
▸VAT On Fees (FBM)= (Amazon Referral Fee+Closing Fee) * Flat Rate%
▸VAT Due = Sale Price * Flat Rate%
▸Est. Profit = Sale Price - Total Cost - Total Fees - VAT Due - VAT On Fees
Standard Rate
Standard VAT rate varies in different countries. (UK: 20% / DE: 19% / FR: 20% / IT: 22% / ES: 21%)
▸VAT On Fees = Total Fees * Rate%
▸VAT Due (VAT On Sale+VAT On Cost) = (Sale Price-Total Cost) * Standard Rate% / (1+Standard Rate%) - VAT On Fees
▸VAT Due (VAT On Cost only) = Sale Price will not be included.
▸VAT Due (VAT On Sale only) = Product Cost / Additional Cost / FBM Shipping Cost will not be included.
▸Est. Profit = Sale Price - Total Cost - Total Fees - VAT Due - VAT On Fees
Reduced Rate
Reduced Rate varies in different countries.
▸VAT On Fees = Total Fees * Rate%
▸VAT Due (VAT On Sale+VAT On Cost) = (Sale Price-Total Cost) * Reduced Rate% / (1+Reduced Rate%) - VAT On Fees
▸VAT Due (VAT On Cost only) = Sale Price will not be included.
▸VAT Due (VAT On Sale only) = Product Cost / Additional Cost / FBM Shipping Cost will not be included.
▸Est. Profit = Sale Price - Total Cost - Total Fees - VAT Due - VAT On Fees
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