Cross-border e-commerce is a popular entrepreneurial project now. There are many people engaged in cross-border e-commerce in China. In addition to companies and enterprises, there are also many individual sellers. As a cross-border e-commerce enterprise, you must pay attention to freight and tax issues. So, let’s take a look at whether personal cross-border e-commerce needs to pay tax?
1. Do individuals pay taxes on cross-border e-commerce?
Individuals doing cross-border e-commerce in China are required to pay taxes. The details are as follows.
1. Value-added tax is the only way for every business. Value-added tax refers to value-added tax. Different countries and locations have different collection conditions and rates for VAT. The current tax rate is approximately 20%.
VAT is the after-sales value-added tax levied by EU countries, which is equivalent to the profit tax levied on the price of goods.
2. If individual cross-border e-commerce companies want to enter the European market, they need to apply for a VAT account locally. Sellers must declare taxes based on actual sales and the time stipulated by law.
3. EU law stipulates that all sales by merchants, including online sales, are basically tax-free, and other sales are subject to value-added tax at the corresponding rate.
4. After-sales value-added tax is generally levied on high-quality goods without supply. The post-sale VAT exemption is £15 and €22 if it exceeds £15 and €22
Euro, tariffs will be levied. Under the no-source system, the product price generally does not reach the value of 22 yuan, which basically does not meet the tariff collection standards.
2. How to pay taxes?
The first is to declare online through the corresponding official system; the second is to formulate formal accounting services. According to relevant British tax regulations, all accounts need to have a VAT account number, and each VAT tax number is unique. Yes, all sellers need to apply for such an account. As long as the merchant’s goods are placed somewhere, they must register a local VAT tax number. If the seller does not apply for this VAT number and does not go through the corresponding declaration procedures, he may face confiscation of goods, fines, or even store closure.
The above introduction is related to the knowledge of personal cross-border e-commerce that needs to pay taxes. At present, tax payment has become a part of cross-border e-commerce that cannot be ignored. Under the new situation, sellers must actively abide by the law. and platform operating rules, turn them into opportunities. Even if individuals conduct cross-border e-commerce, they still need to pay taxes. These are necessary steps. At present, tax payment has become an indispensable part of cross-border e-commerce trade, and merchants should abide by the law. and platform operating rules.