EXPORTS

Export Guidance

Important News: Northern Ireland

Implementation of the Windsor Framework has now been deferred by the Government until March 31st 2025. Companies should continue to prepare as the registration process is lengthy.

EU Destinations

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Rep, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.

Requirements for supplier declarations from 1 January 2022

If you make out statements on origin for goods you export to the EU, you must have supplier declarations (where needed) at the time you export your goods.

If you’re asked to verify the origin of your goods and you can’t provide this supporting
evidence:

  • your EU customer will be liable to pay the full (non-preferential) rate of Customs Duty,
  • you may be charged a penalty, and
  • you may be excluded from using preferential tariffs going forward.

Statement On Origin

One option for claiming preference is for the importer to use a ‘statement on origin’ made out by the exporter. A statement on origin is prescribed text which the exporter adds to the invoice or any other document, including a commercial document, that describes the originating product in enough detail to allow it to be identified. The statement or document may be in an electronic format.

For more information follow this link to the HMRC Guidance

Import One Stop Shop Scheme (IOSS) factsheet

On 1st July 2021, changes were made to the way  Taxes and Duties are charged for organisations selling imported goods to buyers in the EU. The import One-Stop Shop (IOSS) was created by the EU Commission to facilitate and simplify the payment of VAT for distance sales of imported goods with a value not exceeding €150.

Here are the facts:

Overview

  • For sellers registered with the scheme, IOSS makes the process easier for the buyer, who is charged VAT at the time of purchase.
  • ALL goods imported to the EU are subject to VAT. The VAT rate is the one applicable in the EU Member State where the goods are to be delivered.
  • With the EU decision to abolish the VAT relief as of 1st of July 2021, all shipments imported to the European Union (EU)  requires a FORMAL Customs Declaration (1 per shipment).
  • This process is for goods up to €150. Definition of goods value: is intrinsic value (the price at which the goods are sold, excluding transport and insurance costs, unless they are included in the price and not separately indicated on the invoice). It is important to note that the threshold applies to the value of the consignment, not to each individual item. Goods over €150 will be taxed at importation in the EU Member State as per standard/existing procedure (this also applies where the overseas seller has sold several goods to the same buyer and these goods are shipped in a package amounting to more than €150).
  • Different VAT collection possibilities available for B2C Shipments up to €150 are still available when not IOSS registered.

Import One-Stop Shop (IOSS) Overview of Changes

VAT Payment

One-Time IOSS Registration
  • In order to use the IOSS, the online seller (non-EU but with EU representation) must register for IOSS in one European Union country. Please note there are restrictions around registration.
  • Upon registration, the seller will be given one unique IOSS number which is valid for ANY country in the European Union.
  • The online seller can assign an intermediary (tax representative) to deal with EU VAT compliance on their behalf, i.e. to pay the VAT amount to the EU Tax Authority (via a monthly VAT return).