The EU VAT/EORI Reform

Effective 1,July 2021,there are significant changes to the European Union’s Value Added Tax (VAT) /EORI rules applying to the online sales of goods.If you purchase the products from outsides the EU country or United Kingdom,these change may impact the cost of import duty.

There were previously no VAT applied to them if you purchase the product from the outsides the EU up to a value of €22 ,but now the EU has decided to end this exemption as of 1st,July 2021 .All the goods import to EU country/UK should be paid for the VAT/EORI tax and corresponding duty.

What do you need to know as a consumer ?

1.What is VAT/EORI ?

VAT: Value Added Tax is the tax you have to pay when you buy goods or services. If you sell, supply or transfer goods to someone in another country it may need the VAT. EORI:Economic Operators Registration and Identification number and is required for business which import or export goods into or out of the EU /UK.

2.How much would

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