UK Sellers AVOID This TRAP! (Amazon FBA 2024)

Starting Amazon FBA in 2024? Be aware of this HUGE trap that many new Amazon FBA UK sellers fall into without realising until it's too late!
I have been selling on Amazon FBA UK for over 5 years and I have made a decent amount of profit, however, if I had fallen into this TRAP then I wouldn't have been able to take a huge step in my personal life!
If you are an Amazon FBA beginner or starting your own business (non-Amazon related), please watch this video and plan accordingly.
Are you starting an Amazon business in 2024? Let us know in the comments below! !
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[@FBA-Elite]

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[@88_k_]

Hi! Can you please make a video about the UK tax situation for fba sellers? Do we need to be self employed? Do we need a "reseller permit", if yes how to get it? How to avoid taxes as much as possible? Basically everything that is tax and legal related for UK, and what kind of paperwork we need to start here. Thank you so much!

[@user-bq3eu1ng2z]

Thank you so much!

[@snappyfish]

Thanks Darren

[@user-bq3eu1ng2z]

I'm trying to access the free units on my phone. I registered ages ago but still hasn't been approved 😢

[@ayres6727]

can you tell us what credit card do you use? how to improve credit history? do you buy goods with a debit or credit card? Also do you have business vehicle lease or personal vehicle lease?

[@rammisinghxx]

2:38

[@saveli4]

🎯 Key Takeaways for quick navigation:
00:00: The *video addresses an important trap that new Amazon FBA UK sellers should be aware of.*
02:22: Banks *are often reluctant to provide mortgages to self-employed individuals, which can be a problem for FBA sellers planning to buy a house in the future.*
04:45: Advice *for those starting an Amazon FBA or any business in 2024: If you anticipate needing a mortgage, secure it before leaving your regular job to avoid issues with lending criteria.*
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