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    1. Whilesleeping is offline

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      #1

      Import Duty & VAT when importing to UK from USA

      I found some products in the USA and I want to import them to the UK. But before I set pricing and place my order I would like to know about any additional fees like import duty and VAT. Can someone enlighten me?
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    2. camguy is offline

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      #2
      There is a great link about this at Reclaim import VAT and calculate import duty

      But to answer your specific question, here is some information on import duty & VAT –

      - VAT will always be paid on all imported goods for which the value of the consignment is > £18 (some goods do not quality for this exemption, see http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel= pageTravel_ShowContent&id=HMCE_CL_000014&propertyT ype=document#P35_3251)

      - Import duty varies depending on:

      o Type of product
      o Value/worth of the product
      o Amount/quantity of product
      o Origin of the shipment (where it is coming from)

      Customs duty becomes payable if the value of the goods is over £135 but duty is waived if the amount of duty calculated is less than £9.

      - There are import duty calculators available online, so it is easier to calculate the import duty. Here is one -

      o New Duty & VAT Calculation | The Duty Calculator
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    3. fishbro's Avatar
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      #3
      The best place to get your answer is at the HM Revenue & Customs website HM Revenue & Customs: Home Page. I have done some importing from outside the European Union and there are taxes and fees for products especially if they are expensive. I have some guidance for you.

      - Customs Duty applies to products imported from outside the EU. The amount is based on the total value of the product order and the product’s commodity code. You should call HM Revenue & Customs to get the amount or use one of the import duty calculators.

      - Import VAT is charged for any goods imported from outside the EU. The VAT is calculated on the total value listed on the Customs Declaration which includes packing, insurance, duties, and transport.

      If you would like to try and calculate the customs duty yourself, there are 6 methods listed on HM Revenue & Customs website. You must use one method for the calculation –

      1. Transaction Value – this is the amount the buyer pays to the seller for the product. You must have some evidence such as an invoice for this.
      2. Identical Goods – this is based on the value of identical goods that are already accepted by EU Customs. You must produce evidence showing the value of these identical goods.
      3. Similar Goods – this is based on the value of goods which are not identical but are functionally similar and are produced in the same country as your product. You must produce evidence showing the value of the similar product.
      4. Same Class or Kind – this is based on identical or similar products sold in the EU but to a different customer. Evidence showing the value of this product is also needed.
      5. Customs Value – this is based on the sum of the goods used to manufacture the product, containers & packaging, producer’s profit, and any transportation costs, handling costs, or insurance costs. Evidence is also required.
      6. Fall-back – this is the last resort, where a value is determined based on WTO Valuation Principles.
      There is a lot more detail behind each of these methods. Using a duty calculator would probably be the easiest for you.

    4. Georgie is offline

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      #4
      A quick note that eBay has some discussions about import duty and VAT. If you are planning on buying the product from a seller in the USA for shipment to the UK, you should know the threshold for imports is £18. Depending on the customs official who is processing the shipment, the import duty could vary. I agree with the other experts that using a duty calculator is a good approach.

    5. Whilesleeping is offline

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      #5
      Thank you.

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