TOMS is a special scheme for businesses that buy in and resell travel, accommodation and certain other services as a principal or undisclosed agent acting in…
VAT and overseas goods sold directly to customers in the UK through the business website
From 1 January 2021, consignments of goods with a value of £135 or less that are outside the UK and sold directly to customers in Great Britain, (England, Scotland and Wales), will have UK ‘supply VAT’ charged at the point of sale rather than be liable to import VAT.
This factsheet outlines the full details and answers some key questions.