According to the Official Journal of the European Union released on July 5, 2019, it will be possible from 1 January 2021 to declare goods up to EUR 150 using a customs declaration that requires 3 times less data than a standard declaration.

Right now, consignments of goods into the EU that are worth less than EUR 22 (set at GBP 15 in the UK) are exempt from VAT. Since this measure, also known as Low Value Consignment Relief (LVCR), will disappear in January 1, 2021, all import into the EU will have to be declared at the border using an electronic customs declaration.

Besides, considering that Customs Duty is not due for goods, provided directly to the buyer when their value does not exceed EUR 150 (GBP 135 in the UK), and the enormous volume of low-value consignments imported into the EU which makes it difficult for customs IT system to process, this measures by the European Commission should mitigate the impact of the increase in the number of custom declarations.

This is considered to be an important step forwards allowing Member States and economic operators to go ahead with their IT developments once this amending regulation enters into force on 25 July 2019 (1)(2).