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Import Tax
Just trying to find out about import tax from the ‘us’ to the ‘uk’
product is a fuji pictography 4500 retails over here at 10k
retails in the us at 7000 dollars (approx £4100)can anyone advise the amount of import tax that would be payable….
I understand all the possible problems that could arise but at this stage
i am trying to find out if its worth purusing….Thanks in advance…
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4 Replies
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We recently bought machinery from the States and contacted the Inland Revenue to find out about the Import Tax. You have to tell them exactly what the item is as different things incur different levels of tax.
We bought a heat press and it worked out as follows:-
Import tax = (cost of item + carriage)x2.2%
This total is then multiplied by 17.5% to calculate your VAT
As I said, not everything is the same but this may give you a rough idea.
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Hi Mark,
Funny you should ask. Yesterday I had to find out if I could import some stuff when I travel to the UK in December. I found out loads of helpful info here http://www.hmce.gov.uk .Lee
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The couriers tend to charge extortionate prices for collection and delivery from customs
Just got two airbrushes from Kowloon and I was £30 for them about £120 for the goods
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leeroy…just had a quick look at the site…absolute minefield
I’m gonna need some time reading that lot…
Thanks anyway…
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