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VAT Introduction

BQool Customer Support Team
BQool Customer Support Team
  • Updated

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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