Ep 241: The new cross-border e-commerce reality

Postal Hub podcast

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