[meteorite-list] New UK VAT Requirements

From: Graham Ensor <graham.ensor_at_meteoritecentral.com>
Date: Tue, 12 Jan 2021 10:57:06 +0000
Message-ID: <CAJkn+kaoSLC1Nh5xVhyFv57hCKWwhMz2E6zrj8ReK64780RKbg_at_mail.gmail.com>

Crazy mess Boris is leading us into. :-(

On Tue, Jan 12, 2021 at 5:59 AM Paul Harris via Meteorite-list <
meteorite-list at meteoritecentral.com> wrote:

> Attention Dealers:
>
>
> I just received the following from stamps.com
>
>
>
> -------------------------------------------------------------------------------------------------------------------------------------------------------
>
> Effective Jan 1, 2021, value added tax (VAT) must be collected for all
> goods entering the United Kingdom (UK).
>
> There will be a 20% VAT rate on goods valued up to ?135 (about $180
> USD), which you must collect unless your online marketplace (e.g. eBay,
> Amazon, Etsy, etc.) is already collecting it. Current procedures for
> goods valued over ?135 remain the same.
>
> To prevent your UK shipments from being delayed, held, or returned
> by UK customs in 2021, please take the following steps:
>
> 1. Register for a VAT number with the UK.
>
> 2. Collect VAT at the time of purchase.
>
> 3. Make quarterly VAT return payments to the UK.
>
> In addition, you should include your VAT number on your customs
> declarations.
>
>
> -----------------------------------------------------------------------------------------------------------------------------------------------------------
>
>
>
>
> Paul
>
>
>
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>
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Received on Tue 12 Jan 2021 05:57:06 AM PST


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