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𝔒𝕨𝖑𝘡-
Yes. The impact will be on cheap things <£135
From a quick read it seems to say that any overseas seller will need to register for UK vat if they sell to customers in the UK. So that's everyone in China who is selling in Ali Express or ebay. Will they bother?
And the de minimis is being abolished. Now, things under £15 don't have to bother with vat. That will change so they will have to collect vat even on cheap things like phone cases and cables. There is a fixed cost to this so it probably means selling cheap stuff to UK customers won't be viable any more.
I believe Sweden and Australia have already abolished their de minimis and that it led to something like a 90% reduction in consumer imports from China.
frank9755
New VAT rules from 1st January 2021