The Post Office has reminded its customers that new changes to VAT will affect goods sent from the UK to the EU after Brexit. From July 1, goods sold from the UK to the EU worth 22 EUR or less will no longer be VAT free. Instead, they will be subject to local rates of VAT and charges in the destination country. The European Union has set up a new scheme called "one-stop import" (IOSS), which allows businesses registered on the scheme to claim VAT and customs charges when goods are sold. For Post Office customers, this change primarily affects Marketplace sellers who sell through marketplaces registered with the plan. The Post Office has implemented new inspections to ensure that the right information is gathered about the IOSS scheme to support market sellers in maintaining their confidence to send their items through the post office.
Mark Siviter, portfolio director for Mail at the Post Office, said: "While these changes will not affect customers who send gifts to people in the EU, the company is concerned that thousands of market sellers, particularly small ones, may be hit when they have to deal with the new VAT on 1 July." The company has set up new checks to ensure that market sellers can continue to deliver their goods with confidence at local post offices. On top of that, they can get professional advice from the postmaster if they need it.
Sellers using Amazon, eBay, Etsy and Not On The High Street will be able to continue to visit their local post office, where postmasters or their staff will provide The necessary information, a service The UK will need to provide to adapt to changes to VAT rules after Brexit.
Customers sending gifts to EU destinations will not be affected by the changes and gifts under 45EUR will remain exempt from VAT or other charges. The changes will also not apply to anyone who visits the Northern Ireland Post Office and sends gifts or goods from Northern Ireland to an EU destination.
Parcelfromchina
2021.7.15
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