Quizzes & Puzzles42 mins ago
import taxes/fees
5 Answers
Hi, i want to order some wallpaper from the usa, it will be worth about £100. Will i have to pay import charges?
Answers
Best Answer
No best answer has yet been selected by bednobs. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.The first step in the calculation is to work out the Import Duty . I've no idea what the rate is on wallpaper but I'm confident that it will be well below 9%, so the amount calculated will be less than £9, which means that it will be waived anyway.
The next step is calculate the VAT. That's charged on both the price of the goods AND on the carriage costs. So, taking £20 as likely carriage costs, that's 20% of £120 = £14.40.
Then you need to add on the customs examination fee of £8.
So you're looking at a total of around £22.40 in charges.
Chris
The next step is calculate the VAT. That's charged on both the price of the goods AND on the carriage costs. So, taking £20 as likely carriage costs, that's 20% of £120 = £14.40.
Then you need to add on the customs examination fee of £8.
So you're looking at a total of around £22.40 in charges.
Chris