The Value Added Tax (Small Non-Commercial Consignments) Relief (Amendment) Order 2012
This Order amends Article 3(2) of the Value Added Tax (Small Non-Commercial Consignments) Relief Order 1986 to lower the value limit for goods imported outside the European Union from £40 to £36. The amendment is made in order to comply with Council Directive 2006/79/EC, which sets the relevant limit at €45 and requires national implementing provisions to apply the equivalent in national currency by reference to the exchange rate obtained at the first working day of October. As the Euro was revalorised on 1st October 2012, the limit needs to be lowered from £40 to £36.