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How VAT Can Impact Your E-commerce Business When Selling Cross-border

31
Jul

E-commerce is fast becoming a dominant sector in terms of growth. Accounting for 12% of total retail sales worldwide and predicted to surge to 17.5% by 2021.

Just look at Amazon, which is reaching its 25th Birthday and getting close to being valued at a whopping 1 trillion dollars, overtaking Apple.

As more and more companies jump on the e-commerce wagon and with the ease of selling cross-border online, governments are looking to ensure every penny is pocketed.

In recent years, cross-border tax fraud has become a concern for authorities, this is due to the rise of e-tailors and the loopholes of the current VAT system.

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E-commerce is fast becoming a dominant sector in terms of growth. Accounting for 12% of total retail sales worldwide and predicted to surge to 17.5% by 2021. Just look at Amazon, which is reaching its 25th Birthday and getting close to being valued at a whopping 1 trillion dollars, overtaking Apple. As more and more […]

Pentagon talks to Amazon best selling author Sarah Carroll

26
Jun

Pentagon’s Managing Director Europe, Graham Broughton, managed to grab some time with Amazon best selling author, Sarah Carroll, to explore why some online sellers are more successful than others when growing globally, how to avoid key pitfalls of international expansion and to discuss her book ‘Grow Fast, Grow Global: 6 steps to unstoppable international growth in the digital age’ .

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Pentagon was at the Newegg Seller Summit on the 14th June 2018, sharing insights on how brands, retailers and manufacturers can grow their online sales via marketplaces. During the day, Pentagon Managing Director Europe, Graham Broughton, managed to grab some time with Amazon best selling author, Sarah Carroll, to discuss why some sellers are more successful that others when selling globally, how […]

When talking about selling – online or offline – visibility is the key. The same is true on eBay: being noticed is the first step of every purchase journey. Enhancing your visibility, especially at key periods of the shopping calendar, is vital: fully understanding eBay’s Promote Your Listings tool can be an ace up the […]

Ecommerce has no borders: with online marketplaces, you can watch your business grow both domestically and in new markets.  In this video, James Storie-Pugh, Ecommerce Director at Pivot, discusses why you should be selling on online marketplaces as part of your strategic global expansion plan, in addition to your branded ecommerce website. He covers:  Why sellers should consider online […]

The holiday season is approaching, and that means holiday sales. If you’re running a marketplace shop, this is probably the most profitable season of the entire year for you. Preparation is critical, so let’s take a look at some of the most important things you can do to get your business ready for Christmas success. […]

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