Hi to you all

I just received a notification from Australia Post that would seem to mean
postage to the UK might become untenable for many sellers including Poster
dealers. Just curious as to whether other dealers are aware of it and how
some of the UK members feel about it. Here is the text I received.

 

“From 1 January 2021, the value-added tax (VAT) applicable to commercial
items valued at £15 – £135 entering the UK will now be expanded to £0 – £135
(inclusive), meaning the £15 lower limit is abolished. The VAT on these
items will also now have to be pre-paid. 

If you sell goods to customers in the UK, from January 2021 you'll need to
pre-pay VAT to avoid additional costs. To do this, you'll need to ensure you
have: 

*       a GB Economic Operator Registration and Identification (EORI) number
before shipping your goods
*       the HS Tariff Code required to make a customs declaration and
calculate duties on an import
*       the customs value of goods – needed to make a customs declaration
and calculate duties on import.

We recommend you prepare for the application of the VAT scheme to your
business by considering the changes and where appropriate
<https://click.email.auspost.com.au/?qs=ab774d4afc9a31e0f86e3fec839e6f3cb679
fd3589d917c87010d83a66e4c5ec393fd9e87eab17d7e24180f057076c3b32900e5972ce9253
> applying for an EORI number in advance. It can take up to a week to get
one, so register early.”

 

Regards

 

John

 

John Reid

Moviemem Original Movie Posters

 <http://www.moviemem.com/> www.moviemem.com

 <https://www.facebook.com/moviememmovieposters/?hc_ref=SEARCH&fref=nf> Like
Us on Facebook

PO Box 92 

Elanora

Qld 4221

Australia

Phone: 0414 720 369


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