As a VAT-registered seller, the items you submit for sale on GOAT will be treated as a “business-to-business” (B2B) transaction under applicable EU/UK laws where GOAT is the purchaser under the buy/sell model.
In order to be recognized as a VAT-registered seller, please reach out to email@example.com with your VAT ID and the email or username associated with your GOAT account.
As a VAT-registered seller, it is your obligation to invoice GOAT for all sales, as GOAT operates on a buy/sell model. Invoicing instructions will vary depending on the facility to which your items are shipped. To find more information regarding invoicing, please read our invoicing guidelines.
You must email your invoices to firstname.lastname@example.org at the end of each month. Failure, or continued failure, to provide timely invoices may result in your suspension or removal from the GOAT platforms.
Depending on your location, your transactions will either be recognized as a (i) zero-rated sale for intra-community sales, or (ii) VAT-inclusive listing price for you to properly report and remit on your returns.
GOAT is not responsible for collecting, remitting, and reporting VAT charged to us by VAT-registered sellers.
GOAT’s responsibilities are solely limited to (i) collecting, reporting and remitting VAT to relevant tax authorities that have been collected from the ultimate buyer (subject to certain exceptions), (ii) paying VAT for any applicable purchases from VAT-registered sellers under the buy/sale model (i.e., as included in the listing price by VAT-registered sellers), and (iii) providing necessary information to applicable VAT-registered sellers to support zero-rated sales.
GOAT does not provide tax advice and you should consult with a tax professional if you have any further questions.