Rules and ethics
How HMRC's £90,000 VAT threshold changes a UK TikTok Shop seller's pricing
Social commerce sellers nearing the £90,000 VAT threshold must reprice, invoice and keep digital records for HMRC and TikTok Shop reporting.
Topic
hmrc
Rules and ethics
VAT rules for UK social commerce sellers: registration, rates and records
A UK social seller's guide to VAT on social media sales: the £90,000 registration threshold, rates, distance selling, digital services and HMRC records.