Hi,
I’d like to bulk buy products in the US and China with the intention of selling individually on ebay. I know a lot of people do this but I like to give it a go.
I don’t want to set up a company yet but I’d like to try it out first to see how it goes.
My query is, can I purchase bulk in the US or china as an individual (not a company) and if so what are the tax implications on the purchase? Do I have to pay excise and VAT on the purchase, and if so what are the rates?
I’ve looked at the revenue site but the more I read it the more confused I get
I’d like to bulk buy products in the US and China with the intention of selling individually on ebay. I know a lot of people do this but I like to give it a go.
I don’t want to set up a company yet but I’d like to try it out first to see how it goes.
My query is, can I purchase bulk in the US or china as an individual (not a company) and if so what are the tax implications on the purchase? Do I have to pay excise and VAT on the purchase, and if so what are the rates?
I’ve looked at the revenue site but the more I read it the more confused I get