eBay Camera category clearly illustrates how VAT Evading NETPs have taken over eBay.co.uk.
Camera Market Share
Top 10 sellers of cameras on eBay.co.uk :
|User||Montly Camera Sales||Total Annual Sales of All Products||Country||UK Stock||VAT Number|
We sent emails asking for a VAT receipt to the 8 sellers who didn’t display VAT numbers. 7 of the sellers confirmed they could not provide VAT receipts. Only one seller “man_int_ltd” said they could provide a VAT receipt.
The 7 VAT evading sellers are making sales of nearly £32 million between them.
It is little wonder that High St camera shops such as Jessops go bankrupt. How on earth is a VAT registered business going to compete on price when 7 out of 10 of the top seller of cameras on eBay are VAT evaders.