As we use the eBay platform to sell internationally, Im assuming ebay will be collecting the required VAT on these sales as they currently do with USA sales, therefore nothing changes for us effectively. Is this your understanding? Im curious as to why eBay have not announced this yet!?
Upcoming regulation changes for businesses selling to the UK
Dear ,
I'm writing as a courtesy to advise of some changes to United Kingdom (UK) customs regulations that are soon to be introduced as a result of the UK leaving the European Union. All sellers, including online retailers, sellers on marketplaces and international businesses selling directly to UK consumers by phone or mail order, are likely to be impacted by these changes.
From 1 January 2021, the value-added tax (VAT) applicable to commercial items valued at £15 – £135 entering the UK will now be expanded to £0 – £135 (inclusive), meaning the £15 lower limit is abolished. The VAT on these items will also now have to be pre-paid.
If you sell goods to customers in the UK, from January 2021 you'll need to pre-pay VAT to avoid additional costs. To do this, you'll need to ensure you have:
- a GB Economic Operator Registration and Identification (EORI) number before shipping your goods
- the HS Tariff Code required to make a customs declaration and calculate duties on an import
- the customs value of goods – needed to make a customs declaration and calculate duties on import.
We recommend you prepare for the application of the VAT scheme to your business by considering the changes.
