The 350 NOK limit might disappears in e-commerce – then you have to pay VAT on all shipments

The 350 NOK limit might disappears in e-commerce – then you have to pay VAT on all shipments

 

In the 2020 budget, it has been proposed that Norway removes VAT exemption for imports of less than NOK 350. If the proposal is adopted, all private import, irrespective of the amount, will be subject to VAT.

The payment of value added tax to the Norwegian tax authority is made by a foreign online shop.

 

At the same time, clothes with a value of less than 3000 NOK, may be imported without customs duties. Only VAT is paid. Earlier this limit was 350 NOK.

 

The proposal concerns only private imports, the change does not affect the import made by companies.

 

Norwegian companies have been able to sell products abroad in some cases without VAT, but the European Union have plans that all Internet sales, including small amounts, will be subject to VAT.

Recent Posts

May 17, 2023

SHOULD YOU CHOOSE AN ACCOUNTANT FROM THE SAME MUNICIPALITY OR CITY?

Taking wrinkled receipts to the accountant became history. Today, information travels in bits, and a large part transfers automatically to our software. In the past,…

Continue reading
February 7, 2023

ADDITIONAL SOCIAL FEE FOR EMPLOYER WHEN INCOME IS OVER 750 000

When an employee’s yearly income is over 750 000 NOK, an employer must pay an additional social fee of 5 % for a sum over…

Continue reading
January 11, 2023

BUSINESS IN NORWAY

COMPANY ESTABLISHMENT Before undertaking business activity in Norway, it is necessary to choose which type of legal entity to form. The type of business form…

Continue reading