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EU VAT exemption for imported items valued under 22 Euro to stop ! 234

Absolute Zombie Club Posts: 21,207 Bored

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EU VAT exemption for imported items valued under 22 Euro to stop !
« on: May 18, 2021, 12:59:36 PM »
July the 1st - Items coming into the EU and declared as having a value of under 22 Euro will now be charged VAT, and will probably have their value verified in some way...

https://ec.europa.eu/taxation_customs/business/vat/modernising-vat-cross-border-ecommerce_en


" the abolition of the current VAT exemption for goods in small consignment of a value of up to EUR 22.   "


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Al : "Women!"

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No Life Club Posts: 2,576
Re: EU VAT exemption for imported items valued under 22 Euro to stop !
« Reply #1 on: May 18, 2021, 01:01:48 PM »
10 euro processing fee for a 2 euro item...

"It is better to lose health like a spendthrift than to waste it like a miser." - Robert Louis Stevenson
Absolute Zombie Club Posts: 21,207 Bored

dks cy

********* *
Re: EU VAT exemption for imported items valued under 22 Euro to stop !
« Reply #2 on: May 18, 2021, 01:03:27 PM »
yes, and possibly easier to find falsely declared items.

Kelly: "Daddy, what makes men cheat on women?
Al : "Women!"

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No Life Club Posts: 2,576
Re: EU VAT exemption for imported items valued under 22 Euro to stop !
« Reply #3 on: May 18, 2021, 01:40:55 PM »
yes, and possibly easier to find falsely declared items.

I have to wonder whether the cost of the logistics required for this will cover the amount of VAT achieved. That said it's not unexpected for countries to need to desperately recover the economic losses of the past year. Not sure that this is the correct way though.

"It is better to lose health like a spendthrift than to waste it like a miser." - Robert Louis Stevenson
Zombie Apprentice Posts: 14,673
Re: EU VAT exemption for imported items valued under 22 Euro to stop !
« Reply #4 on: May 18, 2021, 04:27:12 PM »
A €39 item costed me €36 extra custom fees last week already  (-_-)
Thread Killer 2019 Absolutely No Life Club Posts: 5,084
Re: EU VAT exemption for imported items valued under 22 Euro to stop !
« Reply #5 on: May 18, 2021, 05:39:21 PM »
A €39 item costed me €36 extra custom fees last week already  (-_-)
I think that doubling the price of items is more likely to cause buyers to reconsider their purchases, or to buy similar locally produced items instead, which, is probably the end goal of the program anyway.
Zombie Apprentice Posts: 14,673
Re: EU VAT exemption for imported items valued under 22 Euro to stop !
« Reply #6 on: May 18, 2021, 05:45:02 PM »
I think that doubling the price of items is more likely to cause buyers to reconsider their purchases, or to buy similar locally produced items instead, which, is probably the end goal of the program anyway.
I was thinking the same.
But a Swiss Army Knife coming from a Webshop in the UK... :facepalm:
Full Member Posts: 124
Re: EU VAT exemption for imported items valued under 22 Euro to stop !
« Reply #7 on: May 18, 2021, 05:54:36 PM »
And what is worse they are forcing some “fair trade” smurf or something similar. Basically your item is 10euro, you’ve payed 10 for it and have documents to prove it BUT if the EU countries can’t make it for less than 20 you’ll pay taxes on 20.

 

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