New EU Customs Regulation Ends VAT Exemption for under €22 Parcels

Following an amendment to Regulation (EU) 2015/2446 on EU customs rules, from 1 January 2021 it will be possible to declare goods up to €150 with a simplified customs declaration. The existing VAT exemption for goods up to 22 € will thus be abolished – the popular shipments from China with the label “Gift, 10$” will then be a thing of the past. Although all imports into the EU will...

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WiseTech Global adds Datafreight to its portfolio of acquisitions

OCT 17 2018 / Air Cargo News WiseTech Global has continued its worldwide buying spree with the acquisition of LSI Sigma Software (DataFreight), a leading provider of customs, freight forwarding and warehouse management software solutions in the UK. Headquartered in Southampton, DataFreight provides integrated logistics solutions, including HMRC customs software, specialist consultancy for UK customs compliance and freight forwarding solutions for all modes of transport, along with warehousing capabilities...

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WiseTech Global Ltd (ASX:WTC) Acquires Two Leading European Customs Solutions Providers, ABM Data Systems (pan-Europe) and CustomsMatters (Ireland)

By Piers Shervington Dec 21 2017 / ABN Newswire Source: WiseTech Global Ltd Sydney, Australia, Dec 20, 2017 – (ABN Newswire) – WiseTech Global (ASX:WTC.AX – News) today announced two acquisitions of European customs solutions providers, both headquartered in Dublin. ABM Data Systems, a leading developer and provider of customs clearance solutions accredited for the UK, Belgium, Ireland, the Netherlands, Switzerland, Sweden and Germany, and CustomsMatters, the leading customs...

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