What are the July 2021 VAT changes?

The EU is updating its VAT system for goods imported from outside the EU. As the UK is no longer part of the EU, British-based eCommerce companies who sell across the EU will be affected.

From 1st July 2021, there will be VAT applied on ALL goods, regardless of their value. This will impact e-commerce businesses and online marketplaces. VAT is charged at the rate set in the buyer's delivery location.

10 results for "International orders"

Will I have to pay customs charges when I send a package?

In category International Orders

This is unpredictable and is at the discretion of the customs in the destination country.If they do impose charges, the recipient will be contacted by the customs directly and we cannot get involved …

Incorrect Customs Declaration

In category International Orders

An accurate description and reason for Export must be entered on The Customs invoice. If customs find different items than declared or an incorrect reason for export stated (such as Gift when …

What is an EORI Number?

In category International Orders

In the UK, an EORI number is assigned to importers and exporters by HMRC, and is used in the process of customs entry declarations and customs clearance for both import and export shipments …

What is an HS Code?

In category International Orders

Harmonized System (HS) Codes is a standardized numerical method of classifying traded products. It is used by customs authorities around the world to identify products when assessing duties …

What is an IOSS number?

In category International Orders

An IOSS number is a unique identification number. If you decide to use IOSS, you must declare your unique IOSS number on the Customs invoice when booking with us.

Do I have to use IOSS?

In category International Orders

Shippers do not have to register for IOSS, however extra administration will be required upon import of the parcel and the customer will have to pay additional fees. If using IOSS the charge is the …

What is the Import One-Stop Shop? (IOSS)

In category International Orders

The IOSS is an electronic portal designed for businesses to use in order to meet their VAT e-commerce obligations on distance sales of imported goods. The IOSS will allow companies to report and pay …

What does the €150 (£130) limit mean?

In category International Orders

Goods shipped in a single package with a total of €150 (£135) refers to the price of the goods themselves and excludes any insurance or transport cost.