Beginning January 1, 2021, the below changes will apply to the importation of low value consignments into the European Union (EU):
- It will be possible to declare goods up to 150€ using a customs declaration that requires 3 times less data than a standard declaration; and
- The existing VAT exemption for goods up to 22€ will disappear. This will allow VAT to be levied all imports into the EU when declared at the border using an electronic customs declaration.
Further information can be found on the below links to the European Commission website: