- The VAT Import One Stop Shop (IOSS) scheme simplifies VAT accounting for goods valued at £135 or less imported into the EU and Northern Ireland.
- Initially, only Northern Ireland and Norwegian businesses could register for the UK IOSS.
- From 1 April 2026, non-NI and non-EU businesses can use intermediaries to register for the UK IOSS scheme.
- HMRC has published updated guidance for businesses wishing to register as intermediaries and on the IOSS scheme in general.
Source: taxscape.deloitte.com
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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