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VAT on small imports

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The Value Added Tax (Small Non-Commercial Consignments) Relief (Amendment) Order, SI 2016/1199, increases the value limit for relief from VAT on small non-commercial consignments imported into the EU from £34 to £39 with effect from 1 January 2017.

The Value Added Tax (Small Non-Commercial Consignments) Relief (Amendment) Order, SI 2016/1199, increases the value limit for relief from VAT on small non-commercial consignments imported into the EU from £34 to £39 with effect from 1 January 2017. This change is necessary to comply with the definition of a ‘small consignment’ under EU law as one whose value does not exceed €45.

Issue: 1336
Categories: News , Indirect taxes , VAT
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