This information pertains to UK/EU orders under £135 and €150.
Please be aware that the new VAT requirements may make it necessary to cancel your order and give you a refund.
Both the UK and countries in the EU have put new rules in place for orders under £135 and €150 respectively. These rules mean that the seller needs to charge VAT on the sale and pay it quarterly to the taxing authority in your country. Additionally, sellers need to have an “import intermediary” there to handle shipments when they arrive.
PSP has investigated what it would take to comply with these rules, and the cost was exorbitant. Between the one time set up fees and the quarterly fees, our costs would be about $5,000 per year, and we’d be required to submit data on a monthly basis in order to calculate and pay the taxes. This is just too great a burden on a small business such as ours.
The good news is that orders over £135 and €150 will be charged VAT via the old method, where you the customer pays when you collect the package.
If your order total (not counting shipping costs) is less than £135 or €150, you have some options:
an additional order so that the total reaches the threshold….. we feel
crummy even suggesting this, we don’t want to twist your arm to buy more!
the order and get a full refund. PSP will “eat” the credit card fees, so
you’ll get a full refund of what you paid.
the item via eBay, if it is something we also sell there. We mainly sell
new items on eBay. (eBay is
handling all the VAT for those sales.) Send us a message and we can let you know if the item you seek is being sold by us on eBay.
- This is a little weird, but may be worthwhile for some customers: increase the declared value so that it meets the no-VAT-prepayment level. This means you’ll pay VAT on the higher amount when you collect the package.
We recognize that these changes will be inconvenient for our customers, and we do apologize.
TERI and the team at Peyton Street Pens