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  • How much tax / VAT would I pay on a £500 import from the States?
  • freeform5spot
    Free Member

    Roughly speaking?

    Cheers

    speaker2animals
    Full Member

    Have a look at the Post Office website, I think they have a calculator on-line for this sort of thing

    chakaping
    Free Member

    I paid £70-odd on a £400 fork, if that helps?

    Popocatapetl
    Full Member

    This was on here about a month ago. search “buying from US to UK import tax” on the header bar for the verdict.

    antigee
    Full Member

    if its parts and correctly coded on the invoice
    duty is 4% of value at arrival – that is cost plus transport
    then 15 % vat plus freight agent handling fee and Uk delivery

    £500 + say £70 estimate freight (no recent experience but my guess for US postal)??? = £570 +4% = +£24 = v near to £600
    add VAT at 15% = £90 now at £690 assuming freight guess is right – throw in freight co’s clearance/handling fee uk delivery = say £40 maybe more

    my best guess is £730 ish

    assumes invoice is correctly coded – google TARIC codes these are internationally recognised product (commodity) codes otherwise importer (freight agent) will just guess – bike parts “i’ve no idea” and gets either nil% or some wacky number

    breatheeasy
    Free Member

    Plus £10 ‘admin charge’ if Parcel Force end up delivering it. Well, when I say “deliver” I mean you have to go and pick it up.

Viewing 6 posts - 1 through 6 (of 6 total)

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