I've looked through countless threads and articles on this topic but there appear to be so many conflicting pieces of information. I'm hoping that someone can answer my question with some sort of documentation to back it up as I really don't know what to believe at this point. Here is the summary:
1.) We have a limited company in the UK.
2.) Our suppliers are in China and we are dropshipping mainly to the UK but also to a few other countries.
3.) Our products have a price less than £20 on the parcel.
We're approaching the VAT threshold for the UK but at this stage we're not sure whether we are even liable to pay VAT. Could anyone share some documentation letting us know whether we should or shouldn't be ready to pay VAT? Any help would be greatly appreciated!