New Amazon VAT Service Update Alert!
Amazon have updated their VAT service for 2022. Previously, sellers could sign up for the service and not be charged for the first 6 months. However, sellers who sign up for the service from the 1st of January 2022 will now have to pay fees from the first month of...
Ecommerce for Christmas Soars As Black Friday Dips
You may be surprised to know that Black Friday sales actually saw a decrease from 2020 by about 14%. This was likely to do with supply chain issues and the inevitable drop in ecommerce from peak pandemic levels. However, this drop off is not indicative of the festive...
Panic As EU VAT Gap Widens After Pandemic
Before the pandemic, the EU VAT gap was beginning to shrink as member states improved their collection processes. New reporting techniques such as e-invoicing meant that member states were on the right track to reducing the tax gap. However, the pandemic saw...
20% Of UK Consumers Will Use Buy-Now-Pay-Later This Xmas
As we have stated many times in our articles, buy-now-pay-later is becoming an increasingly popular payment option for consumers. The ability to spread payments across months without having to pay the interest rates of credit cards has been an extremely popular option...
