calculating import tax-pls help-

Discussion in 'Movie Forum' started by Ewan, Apr 25, 2004.

  1. Ewan

    Ewan
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    Hi!
    I'm thinking about ordering a DVD box set from the US costing £44.99.
    I have read the sticky that has been posted on here about import tax.
    I have calcualeted everything. I have never done this before- and also I'm not very good at maths

    The total I came up with is £52.88 is that how much import tax I have to pay? I'm confused and stuck-pls help
     
  2. inzaman

    inzaman
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    I get; if vat is chargeable in the 4% duty

    £44.99 + 4% = £46.79
    £46.79 + 17.5% = £54.98

    On top of this may be other charges i.e the £4 po fee etc.
     
  3. Ewan

    Ewan
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    Hi!
    So is the £54.98 how much import tax will have to pay?
     
  4. inzaman

    inzaman
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    No the £54.98 is the total cost, the import tax and vat is the difference between the £54.98 and £44.99 i.e £9.99
     
  5. Ewan

    Ewan
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    Hi!

    Thanks m8:smashin:
     
  6. Bursar

    Bursar
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    Don't forget that duty and VAT is also added to the delivery cost.

    So if delivery is £10, the actual cost will be:

    ((£44.99 + £10)+4%)+17.5% = £67.20 (plus any fee you get charged by the PO or courier).
     

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