- Government reviewing VAT collection on e-commerce and online marketplaces
- Online marketplaces may be liable for VAT on sales by third-party merchants
- Government seeks input from interested parties for the review
- Review of low value import relief following US changes
- Current UK threshold for duty and import VAT is £135
- Potential removal of the threshold to prevent under-valuation practices
- Awaiting outcomes of both reviews with interest
Source: saffery.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.
