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Model Monkey and UK Sales


Out2gtcha

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Unfortunately, it appears Model Monkey will no longer be shipping to the UK:

 

"We regret to announce that we will no longer be accepting orders from UK customers due to new unsupportable Brexit-related VAT and other Brexit-related administrative requirements.

 

As a U.S. online retailer, we have just been informed of several new Brexit-related financial and administrative burdens.  Under the new rules, first, we are now required to register for a VAT number and create an online account from HM Revenue and Customs (HMRC) in order to deliver e-commerce orders into the UK.  After receiving a VAT number, we will be required to collect all VAT fees from our UK buyers at time of product purchase (presently 20%), then forward those fees to the appropriate UK agency every 3 months.  This VAT fee was previously being completed when a parcel entered the UK, typically with the buyer having to pay VAT to release the package from Customs.  The new WTO rules pushes that VAT tax collection burden to the online retailer in the U.S. who is exporting the product to the UK.  We would also be required to pay any transaction fees associated with the electronic transfer of collected VAT to the UK government.

 

Additionally, the new rules require us to make our company's financial records available to UK government inspection upon demand.

 

Unfortunately, as a small vendor, we are not staffed or resourced to comply with these new administrative requirements and financial burdens and have therefore decided, with deep regret, to stop selling to UK customers.

 

Hopefully, UK Brexit-related requirements will be eased in the near future and we can resume selling to our valued UK friends "across the pond".

 

I am very sorry for the disappointment.

 

Sincerely,
Steve Larsen

Owner, Model Monkey LLC"

 

Not really grand news, but hopefully things will ease or change all together with the VAT. 

 

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