8 staff on paper 😂 they seem to have found a way to circumvent the tax haha
I don’t understand why people insist on buying hazardous products…
Its mostly the same stuff as on amazon and costs 1/4
- is cheap
- people dum
The rise in sales comes before moves by the EU to close a loophole that allows packages worth less than €150 (£130) to avoid customs duty and some border checks.
Ah, so the EU is ending de minimis too, apparently, like the US. Didn’t realize that. Though the EU’s limit would have been considerably lower already. IIRC, the US limit was $800/package.
EDIT: If this also applies to the UK, I remember a lot of news stories about retailers talking about how Brexit increasing shipping costs was going to be a problem for their businesses, where before they’d ship small shipments directly across the English Channel, and now would have to ship larger shipments to a distributor. I’d think that this would exacerbate that division, make it more important to use bulk import/export companies and distributors.
EDIT2: Ah, yeah, they mention the US eliminating de minimis as well, and that it was $800 there.
And paying 0 taxes, right?
Online marketplace paid just $18m in corporation tax, leading campaigners to call for government action.
What’s the corporate tax rate in UK? 15%?
This seems more like a bit of rage baiting.
That isn’t to say that Temu isn’t a blight on the world.
