British Amazon merchants are facing a major hurdle as the platform has frozen payments, leaving traders in financial distress and frustration. Many are left wondering why their disbursements have been stopped and are struggling to find a solution.
Tax Troubles
In January, Amazon warned sellers about potentially deactivating their disbursements due to unmet UK business requirements, particularly regarding tax obligations. This has led to a barrage of administrative headaches and confusion for UK-based sellers.
Proof of UK Business
Amazon is demanding proof of UK-based operations from sellers, causing anger and concern among the affected individuals. The UK’s Small Business Commissioner is now investigating the matter to address the impact of these disbursement holds.
Investigation and Hope
Liz Barclay, the UK’s Small Business Commissioner, is looking into the sudden documentation requirements by Amazon and attempting to ease the burden on UK merchants. This issue is not unique to the UK, as European Amazon traders have faced similar freezes of their funds in the past.
Recent Update: Amazon has provided a statement acknowledging the requirement for VAT verification but emphasizing their aim to minimize inconvenience for sellers. However, UK sellers continue to experience disbursement issues despite submitting the necessary documents.