Major changes for e-commerce

In this recording, Anthony Buckley (CEO, Anthony Buckley Consulting Ltd, former Head of Ireland's Revenue Customs Service) sets out the major reforms reshaping EU e-commerce, relevant to customs and trade compliance professionals handling distance sales, low-value consignments and online marketplaces.

Topics covered:

• The two parallel legislative strands driving the changes: the EU Customs Reform package and the VAT in the Digital Age (ViDA) package
• Key implementation dates for the new VAT rules, including the extended definition of "taxable person", the deemed-importer/deemed-supplier double layer, removal of the call-off stock exemption, and mandatory e-invoicing/e-reporting
• Abolition of the €150 customs duty threshold from 2026 and the debate around a possible per-consignment standard handling fee
• Statistics on the growth of low-value (H7) consignments and their average declared value versus standard imports
• How online platforms and EU-based intermediaries become deemed importers and deemed suppliers under the new rules, and what this means for consumers
• The proposed simplified "bucket" system for calculating customs duty on low-value consignments
• The proposed EU Data Hub for centralising fiscal and non-fiscal import risk information
• Possible wider effects of the reforms on pricing, compliance costs, and EU-US trade relations

For a broader overview of the topic, please watch the full recording. The slides are available in the Resources section.

Please note that this summary was generated using AI, based on the recording and available slides.