Showing posts with label happy new year. Show all posts
Showing posts with label happy new year. Show all posts

Saturday, November 21, 2009

Changes coming for the new year

All right...it is a bit early to be thinking about the new year, but some changes have been made to the Washington State retail rules and we wanted to give everyone a heads up (and some time to do something about it).

Washington State has decided that any person or business that wishes to purchase goods for resale must have a resellers certificate. This is in addition to a UBI # that is also required of businesses doing business in Washington. Seem like a bit of overkill (or maybe just bureaucratic red tape)? They have their reasons, but for now here is the link to their information page. The form to apply for a reseller's certificate is here. There is no cost for a resellers permit.

Since we are a retail shop that also sells wholesale to designers and stores, we are required to have a valid resellers certificate and not just a UBI # for any person or business that wants to buy goods for resale (either as components or as part of a finished piece).

Therefore, as of Jan 1, 2010-any business that wishes to buy items tax exempt for resale (either as is or incorporated into other sellable goods) must bring in a copy of their resellers certificate. UBI #s will not be valid after the first of the year.*

*We apologize for the extra hoop, but we promise to have the best beads & supplies in town at the best prices, so that should help a little.