Thank you for this info as we often ship e-Bay sales to the U.K. as well as consignments for my agents in London and Paris.
Morris Everett Jr The Last Moving Picture Co las...@aol.com morriseveret...@yahoo.com On Thu, Nov 12, 2020 at 4:42 PM John Reid <johnr...@moviemem.com> wrote: > Hi Helmut and Caitlin > > According to Australia Post, there is no opt out. The seller has to > collect the VAT on items under 135 pounds. Here is what they have told me …… > > > > What's changing? > > From 1 January 2021, the collection of duties and taxes for the import of > commercial goods into the UK will change with immediate effect. 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.* > > To pre-pay VAT and avoid additional costs, from January 2021 sellers will > need to ensure they have: > > · a GB Economic Operator Registration and Identification (EORI) > number before shipping their 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. > > *Please note there is no change to the current process for commercial > goods >£135 and VAT or duty applicable to these items will continue to be > charged to the recipient. * > > > > Regards > > John > > > > > > *From:* MoPo List [mailto:mopo-l@LISTSERV.AMERICAN.EDU] *On Behalf Of *Helmut > Hamm > *Sent:* 12 November, 2020 7:42 PM > *To:* MoPo-L@LISTSERV.AMERICAN.EDU > *Subject:* [MOPO] Aw: Re: [MOPO] Changes to UK customs regulations > > > > Hello John and Caitlin, > > > > extremely annoying indeed. However, imports to the EU over €22 are already > subject to import VAT, so for the consumer, nothing much will change here. > > > > The main difference is that the seller can now pre-pay Import VAT. > What ebay already does with sales tax in the US shall now be applied to > everyone selling goods to the EU. Instead of paying the post office or the > courier service, the buyer will then pay the Import VAT to the seller, at > the time the order is placed. > > > > According to the link Caitlin posted, there is an opt-out option for > sellers, though: > > > > ‚(2) they could elect to have the import VAT collected from the final > customer by the Customs declarant (postal couriers);‘ > > > > So for those who decide to opt out, it seems that nothing will change. > > > > Also, these new regulations only apply to orders up to €150. Any goods > exceeding that value are subject to additional, individual customs duties. > As it is now, those fees will be collected from the customer. For posters, > they are currently 0%, but for other goods (like textiles) they can be > substantial and go up to almost 40% (on top of the Import VAT). > > > > Of course, for the UK this is not the end of the story: Britain will leave > the EU at the end of the year. There may be a grace period during which > they might continue to apply EU regulations, but eventually, the UK will > need to come up with its own set of contracts and regulations. > > > > Hope this helps a little bit. > > > > Helmut > > > > *Gesendet:* Donnerstag, 12. November 2020 um 08:05 Uhr > *Von:* "Caitlin Graham" <cait...@rockpaperfilm.com> > *An:* MoPo-L@LISTSERV.AMERICAN.EDU > *Betreff:* Re: [MOPO] Changes to UK customs regulations > > Hi John, > > > > I agree this is all extremely annoying, but a couple of things to note > from reading the complex guidance on this... > > > > As far as I understand it, this new rule only applies to consignments with > a total value under £135, so if you are shipping consignments to the U.K. > with a value OVER £135 - existing U.K. import rules apply and you can opt > for import vat to be charged to the importer (your customer) and I don’t > think you would need to register for U.K. vat. > > > > VAT on consignments UNDER £135 is now classed as ‘Supply VAT’ rather than > import VAT and the supplier will now be responsible for accounting for that > at the point of sale and would need to register for U.K. vat. > > > > So, I am no expert, but it seems a way around having to register for U.K. > vat is not to sell anything under £135 to U.K. customers unless they buy > more than one item so that the total consignment values over £135? The > downside is you may lose U.K. customers who don’t want to pay the U.K. > import Vat. > > > > The other point to note is that if you are selling to a U.K. customer > through an online marketplace, the online marketplace is responsible for > collecting the vat, not you. So again that would be another potential way > around it - directing U.K. customers to purchase through an online > marketplace rather than direct on your website. > > > > See full details here > > > https://www.gov.uk/government/publications/changes-to-vat-treatment-of-overseas-goods-sold-to-customers-from-1-january-2021/changes-to-vat-treatment-of-overseas-goods-sold-to-customers-from-1-january-2021 > > > > “Direct sellers - businesses making sales direct to GB customers rather > than via an OMP: Businesses making sales of goods not exceeding £135 in > value (per consignment) to customers in the UK, where the goods are outside > the UK at the point of sale, will become liable to register and account for > VAT on those sales.” > > > > I also understand that these U.K. changes are based on similar changes > expected to come into place throughout the European Union in July 2021, > where a consignment value under 150 EUR will apply: > > > > > https://www.globalvatcompliance.com/eu-new-vat-rules-applying-to-b2c-e-commerce-trades-in-the-european-union-as-of-1-july-2021/?cn-reloaded=1 > > So it seems this will become an issue when selling to all European > customers, not just to U.K. > > > > I’m hoping someone will write an informed article on how this will affect > the collectors market so it all becomes clear! > > > > Best, > > Caitlin > > > > > > On Wed, 11 Nov 2020 at 22:30, John Reid <johnr...@moviemem.com> wrote: > > 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 applying for an > EORI number > <https://click.email.auspost.com.au/?qs=ab774d4afc9a31e0f86e3fec839e6f3cb679fd3589d917c87010d83a66e4c5ec393fd9e87eab17d7e24180f057076c3b32900e5972ce9253> > in advance. It can take up to a week to get one, so register early.” > > > > Regards > > > > John > > > > John Reid > > *Moviemem Original Movie Posters* > > www.moviemem.com > > Like Us on Facebook > <https://www.facebook.com/moviememmovieposters/?hc_ref=SEARCH&fref=nf> > > PO Box 92 > > Elanora > > Qld 4221 > > Australia > > Phone: 0414 720 369 > > > > > ------------------------------ > > To unsubscribe from the MoPo-L list, click the following link: > https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 > > -- > > Caitlin Graham > Rock Paper Film > > +44 (0)7793 971 425 <+44%20(0)7793%20971%20425> > www.rockpaperfilm.com > > [o] @rockpaperfilm > <˙) @rockpaperfilmuk > www.facebook.com/rockpaperfilm > www.pinterest.com/rockpaperfilm > > > ------------------------------ > > To unsubscribe from the MoPo-L list, click the following link: > https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 > > > ------------------------------ > > To unsubscribe from the MoPo-L list, click the following link: > https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 > > ------------------------------ > > To unsubscribe from the MoPo-L list, click the following link: > https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 > Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: lists...@listserv.american.edu In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
