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Threshold for VAT taxation of international parcels may be increased to 1000 euros

  • The threshold for VAT taxation of international parcels may be increased to 1000 euros.
  • The threshold for declaring goods sent by individuals and companies outside of Ukraine in international postal or express shipments without written declaration may be increased to 1000 euros.
  • The current obligation to submit a customs declaration for goods valued at over 150 euros may be increased to 1000 euros.
  • The proposed increase in the threshold will reduce costs for businesses and expedite logistics.
  • The final decision on these changes to legislation will be discussed in a week.

Source: news.dtkt.ua

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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