import duty

[labrat]

can anyone point me to a simplified way to work out how much import duty is payed on items.

 

ive seen the "official" one and couldnt make heads nor tails of it.

 

its mostly costume jewelry (non percious metal)

costume jewelry (silver plated)

crafting beads

toys

 

if someone could tell me how you pay it as well, i.e. wait for customs to contact, contact them with the list of imports etc

 

just an idea of mine

[lafey]

best thing to do would be to use a customs clearance agent .... they charge a fee but will work out everything for you and deal with customs ... how will goods be arriveing in uk ??

[My Real Name]

You can search for the appropriate commodity code and import tariff here:

 

UK Trade Tariff | Business Link

 

Remember to add VAT to the total (and remember that you must pay VAT on the import duty and shipping fee).

[labrat]

thanks looking at it its around 4% tax and 15% vat at the min.

 

will price up this stuff then

[lafey]

remember to check if there are any trade agreements between the exporting country and the uk .. this can sometimes lower the duty on certain if they provide you with a certificate of origin

[labrat]

hmm its from china (as people prob guessed) which actually lists as tax for the items 0.00 and provides an act that according to that site isnt in english

[NaciravBanks]

Of course you don't pay duty on items labeled as gifts...

[labrat]

£300+ of assorted costume jewlery, electornics and tools, for resale, cannot be labled as gifts

[dpick]

£300+ of assorted costume jewlery, electornics and tools, for resale, cannot be labled as gifts

 

They do though £300+ ladled as a gift to value of £10

 

dpick

[My Real Name]

Of course you don't pay duty on items labeled as gifts...

Yes you do.

[My Real Name]

They do though £300+ ladled as a gift to value of £10

HMRC are in the habit of knowing that this sort of thing goes on, and they are also in the habit of prosecuting tax evasion.

[bigegg]

golden rule: YWNFWTVatMan

 

I have imported some bits in the past, from the states, using UPS.

UPS charged (at the time) an £8 admin fee on top of the duty.

I phoned up, paid the duty, and they delivered to the door same day.

If you are importing regularly, you need to fill in a "TURN"(?), but it will be essentially the same. I had an account manager at UPS who walked me throught it - and that was for two deliveries totalling 50 quid + duty, so not huge amounts.