Big changes happening in cross-border e-commerce in 2021. Martyn Noble and David Spottiswood, co-founders of Hurricane Modular Commerce join me to discuss:
- A look back at what's happened since Jan 1 and how it's affected the world of cross-border e-commerce
- Brexit, VAT, IOSS
- What have we learned from the implementation of Brexit and its impact on cross-border trade?
- Country of origin - the new question for cross-border e-commerce
- Northern Ireland protocol (EU origin goods)
- How government bodes have reacted to Brexit - example from Hurricane and An Post
- Why data is king
- STOP Act - update
- The sticky end in store for undeclared goods destined for the USA
- July 1 – EU VAT Package (including the removal of the VAT exemption on low value items under €22)
- Electronic advanced data (EAD/AED) transmission for postal operators
- Clearance fees
- Introduction of the Import One-Stop Shop – levelling the playing field between EU e-retailers and third country online retailers and marketplaces
- €140 billion in unpaid VAT
- The doorstep surprise - customers having to pay extra duties/customs charges to the delivery company for receipt of their cross-border purchases
- The financial incentives to posts and carriers to have the right data
- Hurricane's growth, and the growth of cross-border e-commerce over the past few years
- The postal and delivery companies that work with Hurricane
- The first file to the last mile
