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.”