Import charges

[Almeida1234]

Hey gang

This might be in the wrong section

But can someone tell me what sort of percentage will UK CUSTOMS will charge if you import stuff from US?

Thanks

[Lexx]

20% vat and 3.5% import tax.

Plus £8 Admin to Royal Mail.

[RafsZed]

How about from Taiwan?

[KyleR]

There is a tax and customs calculator on the inland revenue website, google it.

 

I actually thought it was 4.5% for car parts, but could be wrong.

[Ricey]

Basically enough to make it utterly worthless importing anything.

 

[Almeida1234]

Mmm yeah bloody Nora, it all adds up.

[Lexx]

As a rough guide, whatever something in the US costs in dollars is what it'll cost in pounds by the time you add on taxes and shipping.

Sometimes you get lucky and customs don't hold your parcel. But most of the time you're screwed.

[cmck13]

Yep, yet again there's no such thing as a free lunch, bought a few things from the states. As said convert dollars into pounds for a ball park figure.

[KyleR]

As a rough guide, whatever something in the US costs in dollars is what it'll cost in pounds by the time you add on taxes and shipping.

Sometimes you get lucky and customs don't hold your parcel. But most of the time you're screwed.

 

I was about to say the same thing. If something is $1000, by the time you ship it here and pay all the charges, it'll cost you £1000.

[Paddy78]

It depends what you import as different items have different levels of tax. Camera parts I believe are 0%, but most car parts I've ever looked at are 3%.

 

Remember that the 23% VAT + Import Duty is on the total cost of the product + delivery and insurance! It does usually work out cheaper, but if you needed to return anything then you'd lose any money you saved.

[Floydbax]

Often helps if you can get the supplier to mark the goods as 'Trade or Test Samples'

[Toon Chris]

It depends what you import as different items have different levels of tax. Camera parts I believe are 0%, but most car parts I've ever looked at are 3%.

 

Remember that the 23% VAT + Import Duty is on the total cost of the product + delivery and insurance! It does usually work out cheaper, but if you needed to return anything then you'd lose any money you saved.

 

I've never tried it but if you return something the rules say you can claim the tax charge back again.

[r37]

It depends what you import as different items have different levels of tax. Camera parts I believe are 0%, but most car parts I've ever looked at are 3%.

 

Remember that the 23% VAT + Import Duty is on the total cost of the product + delivery and insurance! It does usually work out cheaper, but if you needed to return anything then you'd lose any money you saved.

 

I've never tried it but if you return something the rules say you can claim the tax charge back again.

 

 

 

Provided its imported under IPR with the correct CPC code (i do this for a living)

 

Everything has a set percentage, usually 5% 10% or 15% + VAT. Shipping charges should not be included in the duties + taxes as its not something you could "sell on".

 

There are ways of avoiding the charges but you need a very understanding supplier and run the risk of bieng prosecuted.

 

As mentioned royal mail charge £8 for handling this for you. Most other companies will charge either a £15 flat fee or a percentage of the duties payable (some charge 2.5%, so a $4000 supercharger kit might cost you around £80 + VAT + Import duty. to clear through. As others have said, You pay in sterling what it costs you in dollars as a rough guess