Parcel2Go launches information hub to help shippers with new EU VAT regulations


 

Comparison website Parcel2Go has launched an information hub to guide users through European Union VAT changes introduced on 1 July this year. The changes, aimed at making the EU VAT system more streamlined, see the end of the €22 VAT threshold exemption on goods imported to the EU, making all EU commercial imports subject to VAT, regardless of value. VAT now has to be charged based on customers’ locations, has to be declared for customs clearance, and VAT returns must […]