In 2018 online cross border purchases from Sweden dropped by 80 % within a few months after the Swedish government decided to abolish the Value Added Tax (VAT) exception for cross border Low-Value Consignments (parcels). Now that the EU is going to do the same by 1 July  2021, the question will be: “Will marketplaces and carriers be prepared to absorb or prevent a similar situation?” 

The new VAT regulation will start on 1 July 2021.

How will it impact your organisation? To know more, please click here

To learn from what happened in Sweden and decide for yourself, please click on the document below.