BREXIT NEWS: New reporting system for the sales of small value consignment relief goods opens in the UK

8 March 2019

The UK tax authorities (HMRC) have introduced a new registration scheme for overseas businesses importing and selling goods valued at less than £135.

This new scheme is being introduced to ensure that these types of sellers account for VAT and duties when the goods are delivered to their customers in the UK. Registration for the scheme has already opened, please click here for further information.

Once registered, these businesses will be given a unique seller number to be included in all customs declarations and airway bills. They will then submit a quarterly report detailing the value of their sales and the calculated amount of the VAT owing.

LATEST NEWS

Morocco introduces VAT on e-services for non-resident...

From 14 February 2024, Morocco introduced VAT at 20% on the sale of digital services by non-resident providers to local consumers.  Previously, foreign...

SEE MORE
VAT news
LATEST NEWS

Polish Ministry of Finance issues new National...

The Polish Ministry of Finance recently announced a round of nine public consultations ahead of a newly proposed July 2025 launch date of KSeF B2B e-invoicing...

SEE MORE
VAT news
LATEST NEWS

UPDATE: Belgium confirms the introduction of mandatory...

During February 2024, the Bill legislating for mandatory B2B e-invoicing in Belgium was gazetted, confirming the introduction of an e-invoicing regime from 1...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.