EU to Impose VAT on Low Value Parcels

EU regulation is being proposed that will adversely impact electronic hobbyists, including radio amateurs, in the 27 EU member countries

Following an amendment to Regulation (EU) 2015/2446 on EU customs rules, from 1 January 2021, it will be possible to declare goods up to €150 with a simplified customs declaration. The existing VAT exemption for goods up to 22 € will thus be abolished - the popular shipments from China with the label “Gift, 10$” will then be a thing of the past.