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Starting Small Online Shop

  • 06-08-2014 10:48pm
    #1
    Hollister11
    Closed Accounts Posts: 5,482 ✭✭✭


    Hi
    I want to start a small shop on ebay selling items like iphone covers,HDMI cables stuff like that. I have a few questions.

    Where can i bulk buy these type of items at reasonable cost ?

    What rates of tax do i pay ?

    How much can i earn before paying tax ?

    Do i have to charge VAT ?

    Is there a software out there that i can use to calculate tax ?


Comments

  • #2
    _Brian
    Registered Users, Registered Users 2 Posts: 18,775 ✭✭✭✭_Brian


    You need to look up dropshipping, this is how these goods are being sold on eBay.
    Revenue.ie will have all details on vat and tax


  • #3
    daviecronin
    Registered Users, Registered Users 2 Posts: 447 ✭✭daviecronin


    Hollister11 wrote: »
    Hi
    I want to start a small shop on ebay selling items like iphone covers,HDMI cables stuff like that. I have a few questions.

    Where can i bulk buy these type of items at reasonable cost ?

    What rates of tax do i pay ?

    How much can i earn before paying tax ?

    Do i have to charge VAT ?

    Is there a software out there that i can use to calculate tax ?

    Hello Hollister 11! I'm aware of a couple of your threads and know you're eager to start a business at 18? Isnt that right? I'm currently 16 and setting up my own little product. I used to buy and sell loads on ebay like you want to. (Underage paypal account ;) ) It was good but I thought it was best for me to buy really cheap from ebay then sell on sites like adverts where you could hike up the tax etc. Ebay take a success fee, vat at 23% as Luxembourg tax and loads of other bits and bobs! There's apps you can get to organise all your fees as far as im aware! :)


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