How much tax / VAT ...
 

[Closed] How much tax / VAT would I pay on a £500 import from the States?

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Roughly speaking?

Cheers


 
Posted : 24/02/2009 11:29 pm
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Have a look at the Post Office website, I think they have a calculator on-line for this sort of thing


 
Posted : 24/02/2009 11:37 pm
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I paid £70-odd on a £400 fork, if that helps?


 
Posted : 24/02/2009 11:42 pm
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This was on here about a month ago. search "buying from US to UK import tax" on the header bar for the verdict.


 
Posted : 24/02/2009 11:43 pm
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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


 
Posted : 25/02/2009 12:35 am
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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.


 
Posted : 25/02/2009 10:32 am