By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts
Essential
These cookies enable our website and App to remember things such as your region or country, language, accessibility options and your preferences and settings.
Analytics
Analytic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
I'm planning to import goods from EU and sell them in the UK. I understand I need to pay 20% import VAT once they hit the border.
I assume I will be under 85k threshold for VAT, but in that case, is it worth to be VAT registered? If I am paying import VAT anyway, what are the pros and cons of...