EFN - Is it worth it?
This isn’t a gripe, or complaint, more of a general discussion and I would really value other peoples opinions if they use EFN
My results are mixed, and my concerns are many. I signed up for this last October and my current Euro order rate is about 80 per week. The thing is I used to, and still do ‘Allow Amazon to buy my products to sell globally’ though that has now dropped to near zero
So from what I can gather I used to sell 50 orders a week globally (mainly to France Italy Spain Germany) - Now I sell 80 per week via EFN to France Italy Spain Germany
But the cost of that extra 30 odd orders is - multiple invoices from multiple countries. multiple questions in multiple languages and this is the worrying part. Am I about to hit all sort of European VAT issues?
I read every day people saying how their account has been closed down due to issues in other countries VAT TAX etc. And for me at least the extra 20-30 orders a week doesn’t seem worth the agravation or the risk (we only make a couple of pounds on each order). Possibly I should just retreat to the UK where at least I have a better understanding of the taxation laws.
All comments welcome
EFN - Is it worth it?
This isn’t a gripe, or complaint, more of a general discussion and I would really value other peoples opinions if they use EFN
My results are mixed, and my concerns are many. I signed up for this last October and my current Euro order rate is about 80 per week. The thing is I used to, and still do ‘Allow Amazon to buy my products to sell globally’ though that has now dropped to near zero
So from what I can gather I used to sell 50 orders a week globally (mainly to France Italy Spain Germany) - Now I sell 80 per week via EFN to France Italy Spain Germany
But the cost of that extra 30 odd orders is - multiple invoices from multiple countries. multiple questions in multiple languages and this is the worrying part. Am I about to hit all sort of European VAT issues?
I read every day people saying how their account has been closed down due to issues in other countries VAT TAX etc. And for me at least the extra 20-30 orders a week doesn’t seem worth the agravation or the risk (we only make a couple of pounds on each order). Possibly I should just retreat to the UK where at least I have a better understanding of the taxation laws.
All comments welcome