IOSS Guide for UK exporters

IOSS, or Import One-Stop Shop, is a system introduced by the European Union (EU) to simplify the collection and payment of Value Added Tax (VAT) on goods imported into the EU from outside its borders. Although the UK has left the EU, the IOSS system is still relevant for UK exporters who sell goods to customers within the EU.

Here's how UK exporters can utilize IOSS:

1. Registration: UK exporters can voluntarily register for IOSS with the tax authority of an EU member state. The registration process typically involves providing relevant business details and obtaining an IOSS identification number.
2. Collecting VAT: Once registered for IOSS, UK exporters can collect and charge VAT on their sales to customers within the EU. The applicable VAT rate is based on the customer's location within the EU. Exporters need to ensure they correctly calculate and charge the appropriate VAT amount on their invoices.
3. Reporting and Payments: Exporters registered for IOSS are required to file regular VAT returns with the tax authority in the chosen EU member state. The returns include information about the value of goods sold, VAT collected, and the VAT rates applied. The tax authority will then assess the VAT due and issue a payment request.
4. Simplified Customs Clearance: Utilizing IOSS allows UK exporters to benefit from simplified customs clearance procedures. When goods arrive in an EU member state, the customs authorities can verify that the VAT has been paid through the IOSS system. This streamlines the customs process and reduces delays in goods reaching customers.
5. Customer Experience: IOSS enables a smoother experience for customers in the EU. When UK exporters charge and collect VAT through IOSS, customers are not faced with additional VAT charges or customs clearance requirements upon delivery. This improves the overall customer experience and reduces potential issues with unexpected fees or delays.

FuturePro Logistics can help with IOSS. Note that the IOSS system is specifically related to the collection and payment of VAT. UK exporters may also need to consider other aspects of exporting, such as customs duties, customs documentation, and compliance with EU regulations depending on the nature of the goods being exported. 

As an alternative to exporting individual orders,  FPL provides warehousing in the Netherlands. It's fast and efficient providing access to the EU market.