How To Ship An Item From The UK To Europe
The charm of European trade, with its rich tapestry of cultures and markets, has always beckoned British businesses.
However, post-Brexit and with the introduction of newer regulations, shipping items from the UK to Europe isn't as straightforward as it once was. From the intricacies of IOSS and OSS to the maze of customs, we break down the essentials of shipping to Europe in this new era.
1. Understanding IOSS & OSS: The New VAT Game-Changers
IOSS (Import One-Stop Shop):
What is it? Designed for sellers involved in distance sales of imported goods to EU customers up to a value of €150.
Benefits: Faster customs clearance since goods can be shipped with VAT prepaid.
Simplifies VAT obligations: Sellers declare and pay the VAT due in one quarterly online IOSS return, negating the need to register in each EU country of sale.
OSS (One-Stop Shop)
What is it? Aimed at EU-based businesses, OSS eases the VAT declaration process for distance sales of goods and services within the EU.
Two Flavours:
Union OSS: Covers B2C sales of goods and services between EU countries.
Non-Union OSS: For companies outside the EU, it deals with B2C supplies of services to EU consumers.
Benefits:
Avoid multiple VAT registrations: Declare and pay the VAT due in multiple EU countries through a single return in your home country.
2. Navigating New Customs Rules:
Documentation: Previously, goods could move freely between the UK and EU. However, you'll need to provide commercial invoices detailing the contents, value, and origin of goods, amongst other details.
EORI Number: Ensure you have a UK and an EU Economic Operator Registration and Identification (EORI) number. It's essential for customs clearance.
Commodity Codes: Each product will need a commodity code to clarify the goods you're exporting, helping in calculating tariffs and ensuring compliance with local regulations.
Duty Payments: Depending on the trade agreements in place, duties may apply. Familiarise yourself with the UK-EU trade agreement to understand potential tariffs.
3. Couriers & Their Charges: The Ever-Changing Equation
Courier charges have undeniably seen some shifts. Several factors now influence these costs:
Customs Declarations: These additional processes might lead to higher charges.
VAT Changes: With IOSS and OSS in play, VAT calculations and payments could affect overall costs.
Remote Area Deliveries: Some couriers might levy additional charges for deliveries to remote areas in the EU, considering the increased logistics complexities.
Handling Fees: Some couriers might charge fees for handling customs declarations on your behalf.
Pro Tip: Always compare multiple couriers, considering the shipping costs and their expertise in handling customs complexities.
4. Packaging & Labelling: The Unsung Heroes
Ensure your packaging is robust and suitable for longer transits, as customs checks might add to the transit time. Also, label your packages clearly, ensuring all required customs documentation is attached and easily accessible.
In closing, shipping from the UK to Europe might seem like threading a needle at first glance, given the myriad changes.
However, with knowledge and a proactive approach, businesses can continue to weave success stories across the European tapestry. The heartening news is that with challenges come new opportunities and avenues to learn, innovate, and grow.
