Tax on Referral and FBA Fees?

Hi sellers,

Have you noticed a significant drop in your net profit for your Amazon UK listings after paying the tax on referral fees and FBA fees? If so, when did this change start to affect your earnings?

We’re planning to increase our selling prices to offset the impact of the tax, but we’ve noticed that our competitors seem to be maintaining or even lowering their prices. How are they managing to survive with such low margins? Are they also unaware of the tax implications?

Any advice or insights would be greatly appreciated.

Thanks!