8 staff on paper 😂 they seem to have found a way to circumvent the tax haha
Which, as far as I know, do not depend on how may staff you have.
I don’t understand why people insist on buying hazardous products…
because it’s not hazardous
Its mostly the same stuff as on amazon and costs 1/4
Its mostly the same stuff as on amazon and costs 1/4
This is a myth that is not true. Temu and other Chinese platforms are using their own platforms (similar to Chinese industrial companies that are using their own integrated supply chains, btw). This is not the same as on Amazon or any other Western company. Shein only recently announced that it intends to open up its own supply chain to other brands as rising tariffs on Chinese imports in the U.S. have increased pressure on the company’s retail margins.
This fact is also important to recognize. It’s supposedly the main reason why China opposes transparent supply chains to fight forced labor and protect workers’ and consumer rights.
- 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.
