From the 1st July the new VAT rules will affect B2C consignments of standard goods (i.e. not subject to excise duties) imported into the EU and valued at €150 or less. It also means marketplaces will be responsible for charging and collecting VAT, acting as the deemed supplier for low-value consignments.
Sellers and marketplaces (Electronic Interfaces) registered in the IOSS will pay the VAT collected on a sale to a consumer/shopper in an EU Member State. The VAT rate is the one applicable in the EU Member State where the goods are to be delivered.
The IOSS number will need to be transferred in the data to the carrier on those International services whereby the IOSS is a requirement, please contact your account owner for further information and instructions on how to be ready for this.