New EU VAT regulation for 2015 and eJunkie

[E-junkie_Guru]

Unfortunately, it appears you haven't actually enabled VAT calculation in your Seller Admin > Sales Tax / VAT Settings, so we haven't been corroborating the buyer's place of supply for digital items nor calculating VAT amounts for you. You'll have to do the best you can with the information we otherwise routinely collect in your Transaction Log:

http://www.e-junkie.com/ej/help.transaction-log.htm



If you were using our VAT calculation feature, you could simply view your E-junkie Transaction Log for the past quarter, then download that log view and open it in a spreadsheet program to calculate VAT amounts we'd calculated for each country and deduct those from your gross (incl. VAT) prices/revenues to determine your net (excl. VAT) prices/revenues to report on your return.

[m0ds]

I see, that sounds simple enough, thanks for the explanation!



PS. I was talking in future tense - lol - I'm not signing up to this crapness until I have to! (June 31st here in UK).



I guess I could set them now so that at the end of this quarter I'll have an example to look at (as I say I'm not VAT registering until I legally have to - end of June )

[E-junkie_Guru]

There's no harm in enabling VAT calculation; it won't affect your prices or checkout totals at all, and if you ultimately determine you're not subject to pay VAT, you can simply disregard any VAT data we've logged for you.

[m0ds]

Sorry how do I enable that again please? Is it just by checking the "Sales tax, VAT" under each product, will then have new sales VAT data in the log? Do I need to check something (like 'Charge VAT') in the Tax/VAT settings page too? Thanks

[E-junkie_Monster]

You will need to both mark your products as taxable and set your account to charge VAT, full instructions can be found on our help page here:

http://www.e-junkie.com/ej/help.tax.htm



We do track EU VAT rates automatically so you don't need to worry about programming in the various rates at least, just check the option to Charge VAT in your tax settings screen.