EU Vat Import One Stop Shop (IOSS)
IMPORTANT
Overview
Background
What is the IOSS for?
July 1st 2021
Marketplaces
Do I need this update?
Has registered for IOSS to ship goods to the EUProcesses orders for Shipping to the EU on behalf of a Marketplace like Amazon or eBay where for orders under 150 Euro IOSS numbers are now mandatory.
EU VAT Guide for 1st July 2021 Changes
Scenario - Country | Registered for IOSS? | Registered for VAT in destination EU country? | Recommended Web Unit Price <€150 | Recommended Web Unit Price >€150 | B2C Invoice <€150 | B2C Invoice>€150 | B2B Invoice | Courier Terms (To be confirmed by you with courier on a case by case basis) | Reporting (Information TBC) |
---|---|---|---|---|---|---|---|---|---|
S1 - UK | N/A | YES | Gross or Net+ | Gross or Net+ | 20% VAT Charged | 20% VAT Charged | 20% VAT Charged | N/A | UK VAT Return |
S2 - EU Country | NO | NO | Net | Net+++ | No VAT Charged | No VAT Charged | No VAT Charged | Expected DAP/DUP or equivalent++++ | UK VAT Return |
S3 - EU Country | YES | NO | Gross or Net+ | Net+++ | EU VAT Charged++ | No VAT Charged | No VAT Charged | Expected DDP or equivalent for items under €150, DAP/DUP for items over €150 | IOSS return for items below €150 |
S4 - EU Country | YES | YES | Gross | Gross | EU VAT Charged++ | EU VAT Charged++ | EU VAT Charged++ | Expected DDP or equivalent for all orders | Check with your Tax Representative, items below 150 Euro may still be reported directly to the country directly if registered in that country, but you must check. The general expectation is all items below 150 will be IOSS and anything above will be reported directly to the recipient country if you are registered in that country. |
S5 - EU Country | NO | YES | Gross | Gross | EU VAT Charged++ | EU VAT Charged++ | EU VAT Charged++ | Expected DDP or equivalent for all orders | EU Country VAT Return |
S6 - EU Country (Marketplace) | Marketplace IOSS Used | NO | N/A | N/A | EU VAT Charged by the Marketplace (1) | No VAT Charged | No VAT Charged | Expected DDP or equivalent for items under €150, DAP/DUP for items over €150 | EU Country VAT Return if applicable, NET sale only |
S7 - EU Country (Marketplace) | Marketplace IOSS used | YES | N/A | N/A | EU VAT Charged by the Marketplace (1) | EU VAT Charged++ | EU VAT Charged++ | Expected DDP or equivalent for all orders | Items over 150 Euro EU Country VAT Return. Otherwise NET Sale Only as items below 150 Euro will be reported by Marketplace |
(1) Country VAT must be configured for any EU Destination countries even if you are not registered for VAT in those countries, if you anticipate delivering to those countries.
+ System will add VAT on to the received NET price, which should then match the total value paid.
++ Dependent upon country VAT rates being configured
+++ Khaos Control will strip the appropriate vat from this price if Country VAT rates are configured
++++ Some couriers will not be offering DAP services for orders under 150 Euro, so you must consult with your courier service provider directly.
What Khaos Control Cloud changes have been made?
All Khaos Control customers will need to do their own research into IOSS to ensure that they understand how these changes affect their business. The changes which have been made, will be based on generic requirements, therefore if you have any specific IOSS changes, please let us know as soon as possible.
The following changes will be made in the EU IOSS update for Khaos Control Cloud:
- In System Setup - System Values - General - Company Details, there will is an IOSS opt in option and a field to record your IOSS number.
- In System Setup - System Data - Branding there is an IOSS number column to record brand specific IOSS numbers. The system IOSS opt-in option must be enabled for the Brand IOSS number field to be visible.
- A new read-only field will be added to the Sales Order Additional tab to show the IOSS number that has been applied to the order, based on brand and system values settings.
- In the Channels Configuration screens we have added a place to add IOSS numbers for your channels, and also a checkbox to mark the channel as an External Marketplace, this is intended for channels where they have accounted for the VAT they will pay, this allows for alternative Tax handling within Khaos Control for these orders. The system IOSS opt-in option must be enabled for the Channel IOSS number fields to be visible.
- Please Note: Please do your own research on how external marketplace orders need to be processed. Its our understanding that only orders shipped by you will be affected, so for example Amazon FBA orders will not be subject to IOSS based on the information we have, however please confirm the particulars of your business with each Marketplace you deal with.
- Orders which are raised from a Channel marked as an External Marketplace, will post any VAT accrued on them, to a new system Nominal "External Sales Tax", and the Tax element will not be posted to the Khaos Control Tax Register.
- Please Note: We are anticipating orders from both Amazon and eBay to present with the GROSS totals including for payments, and the VAT will be calculated within this figure, as such we introduced this External Marketplace flag so we could process any VAT coming into the system via this process to be handled separately. It may be required for manual journals to be raised once the situation is clearer, but any order processed from an external channel will not post its vat to the UK Tax register, only the net Sale.
- System Values | Accounts | Brexit will be renamed System | Values | Accounts | Europe with new options added to control tax and threshold information. The Brexit test mode will be repurposed as an EU test mode.
- In System Data | Countries 'Force Country VAT' will be renamed 'Enable Country VAT' so you can configure rates, but turn them off if you want to.
- Default tax rates will be supported on a per country basis instead of the system country only. You can add German tax rates, for example, and specify one as the Default. You then do not have to link the rate to all your items, as the system will use the newly designated default.
- We will be reviewing our Courier integrations and documenting which ones are known to support IOSS shipments to the EU.
- Where possible we will modify our Courier integrations to pass along required information.
What do you need to do?
Decide how you will handle
your orders
Talk to your web provider
You will need to talk to your web provider about how they will be handling EU orders on your website.
For orders coming in from a website
- If you are registered for IOSS:
- For orders under 150 Euro, orders can be
provided with the Gross prices, allowing Khaos Control Cloud (once
configured) to calculate the correct tax within those prices.
- For orders over 150 Euro, this will
depend upon your business situation and tax registration status, on a per
EU country basis.
- If you are registered for VAT in a
country, it is to our understanding that VAT will need to be calculated
upfront for those orders. Using Gross prices will make this easier.
- If you are not registered for VAT in a country, it is to our understanding that VAT does not need to be calculated up front and will be collected at the border/ customs. This means the use of NET prices.
- If your website / web integration imports orders from an alternative marketplace, which in turn has its own IOSS number, then the new tag in our XML/JSON order format will need to be populated for these orders where applicable.
- Khaos Control
Cloud – 3rd Party integrations: See our GitHub page for details of how to supply an IOSS number as part of
your order.
- For direct integrations such as Amazon and eBay we have update our APIs to accommodate this.
Ensure your Marketplaces
are configured
As part of the legislation changes, the EU have mandated that all Electronic Interfaces or Marketplaces which facilitate EU Sales through their platform are now responsible for collecting EU VAT at point of sale.
- The IOSS
numbers need to be in place ahead of receiving orders from the
marketplace, so they can be stamped on the orders at the point of creation
within Khaos Control Cloud.
- Once you have received an IOSS update, there will be a place to specify
within the Channels configuration screens, an IOSS
number per channel.
- If your Marketplace is handling the VAT for orders under 150 Euros, you will also need to enable the "External Marketplace" checkbox, this allows for alternative tax posting behaviour in the Khaos Control accounts.
- Information from Amazon can be found here: https://sellercentral-europe.amazon.com/gc/vat-education/eu-dr
- Information from eBay can be found here: https://www.ebay.co.uk/help/selling/selling/vat-obligations-uk-eu?id=4650
- For ALL marketplaces, stores or other platforms you must consult with their own advice and guidance on how this affects orders your process through their platform.
Review your EU Country VAT
- Review your
Country VAT configuration on a per country basis for all EU countries, making sure to tick the "Enable Country Tax" option for each applicable country.
- Configure
the EU VAT rates for countries you expect to handle orders for. This is
required even if you only handle orders from Amazon.
- [only available in the EU IOSS update] This
will no longer require the configuring of these VAT rates against Stock
Types or Stock Items, but if you have special rates for some items these
will still be used.
- If you’re
registered for VAT in a specific EU Country in addition to any IOSS
registration, ensure that your EU country VAT number is recorded against
the country in the VAT number column.
- Review with your accountant and countries where you are registered for VAT and if you need to be charging VAT (even if over the 150 Euro threshold for B2C and B2B orders).
- If for any reason you are registered for
VAT in a country but DO NOT plan to charge VAT on orders over 150 Euro,
you will need to review the Advanced Options in System Values, which will
be available in the IOSS version of Khaos Control Cloud [only available in the EU IOSS update, please contact support if you need to change these options]
Review your EU Courier
Services
- You will
likely need to review your courier setups and delivery rates or review
your courier on a per order basis, until you have established suitable
guidelines / rules for your operators.
- Each courier
is handling IOSS differently.
- The Couriers we will have initial support for are as follows:
- GFS neo
- Intersoft / Intelligent Shipper
- MyDHL (not Easyship)
- Hermes v3/v4
- FedEx v.17
- Ship Theory (23/06/2021 - they now support processing per order IOSS numbers)
- We recommend all Shiptheory customers to contact Shiptheory directly to ask their advice.
- Royal Mail Click and Drop:
- Additional configuration is required to make appropriate use of the "Trading Names" facility within Click and Drop, a separate courier entry per trading name will be required.
- If processing orders for Amazon / Ebay and your own website, a seperate Trading Name / Courier combination is required so that the IOSS number associated with your Trading name within the Click and Drop account setup will be used appropriately. You will not be able to use the same courier for your own items as you would Amazon or ebay.