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Import taxes and fees

Discussion in 'General Chat' started by cr5000462, Mar 13, 2018.

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  1. cr5000462

    cr5000462
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    Hello,

    Struggling to find this information on the Web (I can find some of it on the .gov website, but not to my specific questions)

    I have bought a few things from Japan, one Item costs £10, (current cut off to pay VAT is £15) the shipping cost me £25. The TOTAL value of the transaction is £35. As the TOTAL value is above the £15 threshold, does that mean I will have to pay VAT.. or does it just go by the cost of the item (£10) without the shipping cost.

    I know that if the item was worth say £1000, that is above the VAT threshold, so I would have to pay 20% of that, + 20% of the shipping costs + the duty fee.

    I just cant find the information regarding if the item is below the threshold, but the cost of shipping takes it over it...

    Any ideas?

    Regards,
     
  2. Atavus

    Atavus
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    Taxable amount is cost, plus shipping, plus any duty.
     
  3. RBZ5416

    RBZ5416
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  4. hippo99

    hippo99
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    Item is under £15 - no additional VAT/duty is due. P&P cost is irrelevant.

    Item is over £15 - VAT/duty are due based on the item cost PLUS P&P cost.

    This is based on lots of experience in the DVD/Blu-ray/gaming forums where many of us import foreign discs.
     
  5. cr5000462

    cr5000462
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  6. cr5000462

    cr5000462
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    Thank you, the info on the .gov website is a little contradicting and not clear on the scenario of the items being below the VAT threshold and the postage cost taking it over it :thumbsup:
     
  7. Astaroth

    Astaroth
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    It may assume a certain level of knowledge, for one its not an item price at all but a package price, so you cannot get 100 items in a box at £14.99 each sent and not pay any VAT because individually they are sub £15 each.

    Similarly its the landed cost such that you dont come to an agreement with a dealership in the UAE to sell you a new solid gold Rolex Daytonna for £10 plus £40,028 P&P
     
  8. nheather

    nheather
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    It used to be £18 including postage.

    But sometime ago it was changed to £15 for the product. The p&p is not included in the calculation.

    So product = £16, postage = £2, total = £18 = subject to import tax

    And product = £10, postage = £25, total = £35 = not subject to import tax

    Cheers,

    Nigel
     

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