The VAT Import One Stop Shop (IOSS) Scheme applies to goods imported in consignments with a value of £135 or less (known as low value goods) from countries outside the EU and Northern Ireland, to consumers in the EU, Northern Ireland, or both.
The IOSS Scheme can be used to report and pay VAT due on imports of low value goods to consumers (B2C sales) in the EU, Northern Ireland, or both.
To use the scheme your goods must:
- be located in a country outside the EU and Northern Ireland at the point of sale;
- have a consignment value of £135 or less; and
- be sold to a consumer in the EU or Northern Ireland.
If you only sell through an online marketplace, they should have already registered in their name for the IOSS. This means that the online marketplace is responsible for reporting and paying any VAT due.
The IOSS scheme is available to:
- businesses in Northern Ireland; and
- businesses in countries that the EU has concluded and recognises an agreement with, on the mutual assistance for the recovery of VAT — currently only Norway.
You must follow the normal VAT rules if you sell goods imported in consignments with a value of more than £135.
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