UK VAT updates - what happens to my orders?

Hi Louise, None

WOMEN MEN ACCESSORIES HOME DECOR GADGETS Hi Louise, Transactions on or after 1 January 2021 Beginning 1 January, 2021 the current VAT exemption for UK imports of goods in a small consignment of value up to £15 will end. As of this date, VAT will be included in your purchase price on items and consignments of up to £135 imported into the UK. This will also mean that you will not have to pay any additional VAT at customs. For items or consignments valued above £135, VAT & Customs Duties are included in your purchase price. To facilitate delivery, Wish or an agent, like a freight forwarder, will make the payment on your behalf. Transactions before 1 January 2021 The new rules will apply to all sales that have a time of supply for VAT purposes of 1 January 2021 or later. For example, if an order is placed and payment received on 31st December 2020 then the new rules will not apply, even if dispatch and delivery take place after 1 January 2021. Therefore, for imports, the consignment will remain subject to import VAT (unless it is below the Low-Value Consignment Relief threshold of £15) and supply VAT should not be charged. For goods already in the UK at the time of supply, the VAT liability will remain with the seller rather than Wish. Wish is monitoring HMRC rules regarding reseller regulation for marketplaces effective on Jan 2021 to ensure a smooth transition. As of today, not all details have been finalized by the government, but we have been assured that the goals of the new system will be: To make sure that packages are not held up at the border, and that delivery times will not be affected. To prevent a complicated process with extra fees for the consumer from receiving bills from the postal service to pay VAT. Instead, marketplaces such as Wish will collect VAT and pay it directly to the tax authorities. Our goal at Wish is to ensure the shopping experience remains enjoyable and affordable for our customers. When more details are shared with us, we will update you promptly. For more information, visit the HMRC website. Best wishes, The UK Wish team. You are receiving this email because you subscribed at wish.com. To opt-out of receiving future emails, you may do so here. Schiphol Boulevard 195, 1118 BJ Schiphol, the Netherlands This email was sent from a notification-only address that cannot accept incoming emails. Please do not reply to this message. If you have any questions or concerns, please contact us at support@wish.com