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fuk

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Selling things in the UK is practically impossible because you get slapped with 20% VAT on top of whatever you want to import from China. Most times this really reduces any sort of profitable margins and doesn't make it worthwhile anymore. Is the only way to get around this to import more?
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>>1261405

Welcome to the shopkeeper's eternal struggle. Inventory management, hope something sells, rinse and repeat ad infinitum.
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>>1261405
you need to import to a country with low vat and then buy the stuff there since it's an eu country you pay the vat there.

for example i buy silver from estonia as it is vat free there and since i live in an eu country i don't pay any vat on silver.
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>>1261405
an other option is to order from alibaba or something and simply ignore the regulation you get free shipping and the items will be labeled to not cause suspicion. to certain value threshold you are vat free and tax exempt for imports.
and basically lot of webshops use this loophole. they order in stuff and they sell it for 10 times more. huge profit margin.

on the other hand huge risk you can't be sure what you get until you got i heard some horror stories how orders get mixed up. chinese really don't give a fuck you won't go there to slap them silly. so you have to order in the stuff keep a stock and then resell it if you don't want to burn yourself.
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>>1261413
That's what I'm trying to do, I've got a few reliable suppliers but now they're telling me that import tax and VAT is included in the UPS shipping method, which I'm a bit skeptical about. Usually you get an invoice after delivery
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>>1261435
buy something small value check out the "new" process.
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>>1261405

Theres a good blog I read every now and then. You can pay for programs but I just read his posts. He has some stuff on importing and ebay/amazon stuff. Not trying to shill!

http://andrewminalto.com/
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>>1261435
also tell your suppliers to rate the goods delivered to ridiculously low amounts.
paying a few pennys after some electronics will not break your profitability.

of course that is the value the package will get insured for so there is that.
Thread posts: 8
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