- Impact of Eliminating Customs Duty Relief: Starting July 1, 2026, the €150 customs duty relief will be removed, introducing a simplified €3 flat duty only for IOSS-registered sellers and Postal consignments, potentially leading to significant financial burdens for merchants using commercial couriers without IOSS.
- Financial Liabilities of Non-IOSS Status: Merchants opting to remain outside the IOSS scheme will face unpredictable and higher duties based on the Common Customs Tariff, additional handling and advancement fees from couriers, and customs delays that could frustrate customers.
- Advantages of Transitioning to IOSS: Moving to IOSS offers predictable costs with a flat €3 fee per item, simplified customs classification, a better customer experience with no surprise fees, and prepares businesses for future EU monitoring against trade diversion, making it a financially strategic choice.
Source Cyril Bray
Latest Posts in "European Union"
- Simplifying Triangular Transactions in VAT: Navigating Compliance in 2026
- EN16931 Goes ViDA-Ready: What CEN’s 2026 Approval Changes for EU e-Invoicing
- Intrastat Thresholds and Deadlines: Key Changes for 2026 Across EU Member States
- Roadtrip through ECJ cases: Focus on ”VAT rates” (Art. 96-99)
- Roadtrip through ECJ Cases – Focus on ”Exemption” – Currency transactions exclude collectors’ items and numismatic coins
