Are there minimum thresholds below which import taxes are waived?

For importing into the EU, there are minimum thresholds below which duty is waived. Duty is not charged if either:

• the total value of the goods (not including shipping charges or insurance) does not exceed £135 (€150, or equivalent in local currency)
• or the amount of duty payable on any given item, does not exceed £9 (€10, or equivalent in local currency).

Neither duty nor VAT is payable if the total value of the goods (not including shipping charges or insurance) does not exceed £15.