Brexit. It’s been in the news now for more than a year. It’s one of the reasons why there’s a big change coming for any online business that ships to EU recipients. The change is a VAT increase, which is a value-added tax that is imposed on any goods shipped internationally. For some time now, … Continue reading “International Shipping? Here Are New Fees Effective July 1”
International Shipping? Here Are New Fees Effective July 1
Postal Rate Increases
The United States Post Office recently announced increased pricing for stamps beginning August 29, 2021. This price increase is for First Class Mail, which covers postcards, letters under 1 ounce and envelopes. The “Forever” stamp, which is currently at 55 cents will increase to 58 cents. The USPS hopes that this increase in First Class … Continue reading “Postal Rate Increases”
Increased Surcharges Greatly Effect Small Businesses
As a result of the considerable increase in shipping during COVID, FedEx increased pricing and UPS imposed surcharges on certain international shipments. The expectation is that these increases will create more capacity in their various networks. The increases, which are sure to be felt by small businesses in particular, are noted below. FedEx Peak Surcharge … Continue reading “Increased Surcharges Greatly Effect Small Businesses”