- The EU will abolish the low-value goods (LVG) threshold, ending customs relief for imports under EUR 150 starting in 2026, with full implementation by 2028.
- Customs duties will apply from the first euro on all imports, and simplified customs clearance will be removed.
- The reform aims to create a level playing field between EU retailers and overseas e-commerce vendors.
- The change is expected to reduce LVG imports, increase administrative work for customs authorities, and encourage local shopping.
- The reform is also intended to protect the EU economy, support sustainability, and address the environmental impact of increased parcel imports.
Source: 1stopvat.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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