North Macedonia Ends VAT Exemption on Small Online Parcels – EUROP INFO

Reeves to delay end of low-value import tax break until 2029

Britain will scrap the long-standing tax exemption on low-value imports in 2029, delaying a move sought by major retailers who say the current regime hands an advantage to fast-growing overseas platforms, The Times has reported. It comes as the Treasury has confirmed it will abolish the “de minimis” rule – which removes import duties on parcels worth under £135 – but the change will not take effect for at least four years. More than 1.6 million …

North Macedonia Ends VAT Exemption on Small Online Parcels – EUROP INFO

North Macedonia has announced the removal of the value-added tax (VAT) exemption on small online parcels, marking a significant shift in its e-commerce taxation policy. The decision, aimed at enhancing tax revenues and leveling the playing field between domestic and international sellers, will impact consumers and businesses engaged in cross-border online shopping. This move aligns North Macedonia with broader regional trends as governments seek…