What is Import One-Stop Shop (IOSS) and Do I Need It?
IOSS is a programme for e-commerce sellers who supply imported goods with a value below 150 Euros to consumers in the European Union. Import One-Stop Shop (IOSS) came into effect on 1st July 2021. E-commerce Sellers who enrol in IOSS collect, declare and pay the VAT chargeable on imported goods to the EU-based tax authorities,…