European Union plan to remove VAT exemptions for low value imports

20 December 2016

The European Union have announced that they plan to remove the VAT exemptions for low value imports by 2021.

Currently, non-EU, E-commerce merchants of goods can import low value packages of around €22 ($25) into the EU VAT free.  This gives these merchants an advantage over resident EU businesses and in an effort to stop this the EU have announced that they will scrap the exemption.