Import Duty?
#2
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I think import duty is 10% BUT you then have to pay VAT on top...
i.e.
Item is £1000, Duty is another £100 = £1100 then vat gets charged on both totals = £192.50 gives a grand total of £1292.50 (OUCH)
Quite how they can justify taxing a tax is beyond my thinking...
I'm pretty sure I've got this right from when I was looking at importng a scoob from Japan.
Ady.
i.e.
Item is £1000, Duty is another £100 = £1100 then vat gets charged on both totals = £192.50 gives a grand total of £1292.50 (OUCH)
Quite how they can justify taxing a tax is beyond my thinking...
I'm pretty sure I've got this right from when I was looking at importng a scoob from Japan.
Ady.
#4
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Looks right to me, but you have to remember you have to pay import tax on the shipping, insurance and anything else you have paid to obtain the goods on top of the purchase price.
So it works out:
Goods+Shipping+Insurance+(Your supposed to declare an agents fee etc) then you add Import tax and then VAT on top of that.
So it works out:
Goods+Shipping+Insurance+(Your supposed to declare an agents fee etc) then you add Import tax and then VAT on top of that.
#5
#6
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I think import duty is 10% BUT you then have to pay VAT on top...
i.e.
Item is £1000, Duty is another £100 = £1100 then vat gets charged on both totals = £192.50 gives a grand total of £1292.50 (OUCH)
Quite how they can justify taxing a tax is beyond my thinking...
I'm pretty sure I've got this right from when I was looking at importng a scoob from Japan.
Ady.
i.e.
Item is £1000, Duty is another £100 = £1100 then vat gets charged on both totals = £192.50 gives a grand total of £1292.50 (OUCH)
Quite how they can justify taxing a tax is beyond my thinking...
I'm pretty sure I've got this right from when I was looking at importng a scoob from Japan.
Ady.
Last edited by DevilHimSelf; 02 March 2007 at 06:46 PM. Reason: forgot info
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#9
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I've got an STi 9 spoiler on the way from the US god knows what thats gonna cost me
Anyone want to guess ? It was $730 dollars with shipping so even if its another £100 its not too bad
Anyone want to guess ? It was $730 dollars with shipping so even if its another £100 its not too bad
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