corsasport.co.uk
  Not logged in [Login - Register]  
You Are Not Registered Or Not Logged In  

Corsa Sport » Message Board » Off Day » Import tax and duty, any knowledgeable people help?


New Topic
New Poll 		  Subscribe | Add to Favourites

You are not logged in and may not post or reply to messages. Please log in or create a new account or mail us about fixing an existing one - register@corsasport.co.uk

There are also many more features available when you are logged in such as private messages, buddy list, location services, post search and more.


Author Import tax and duty, any knowledgeable people help?
Rob B
Member
Registered: 8th Jan 04
Location: Area Motorsport Drives: Race EP3
User status: Offline
11th Jan 11 at 21:32   View User's Profile U2U Member Reply With Quote
Hi guys,

few of us on the s2000 forum are getting some parts imported, bumpers, diffusers etc

I found a calculation site where you enter item description, postage cost and package value.

All detailed below, just wandering if anyone confirm if this seems correct and if their is anyway we can get the cost lower

Total value of the parts are 3400 USD + 425 USD postage

Total customs value: £2653.73 Inc postage
Import duty: £119.42
Import VAT: £485.30
Total import duty & VAT due: £604.72
Total landed cost: £3258.45 at USD/GBP exchange rate of 0.6281

Cheers

[Edited on 11-01-2011 by Rob B]
daymoon
Premium Member

Registered: 1st Aug 08
Location: Selby, North Yorkshire
User status: Offline
11th Jan 11 at 21:47   View Garage View User's Profile U2U Member Reply With Quote
Get seller to declare the good at lower value. Say $1000 instad of 3400
Rob B
Member
Registered: 8th Jan 04
Location: Area Motorsport Drives: Race EP3
User status: Offline
11th Jan 11 at 21:51   View User's Profile U2U Member Reply With Quote
Will that not effect insurance?

I would do that if Its just my self but it's parts for others too.
Rob_Quads
Member
Registered: 29th Mar 01
Location: southampton
User status: Offline
11th Jan 11 at 21:54   View User's Profile U2U Member Reply With Quote
If you say its only worth $1000 thats all it will be insured for.

There is no safe way of avoiding the tax
Matt H
Member
Registered: 11th Sep 01
Location: South Yorkshire
User status: Offline
11th Jan 11 at 21:58   View User's Profile U2U Member Reply With Quote
The shipping company may also add their fees
Rob R
Member
Registered: 31st May 03
Location: Kent
User status: Offline
11th Jan 11 at 22:05   View User's Profile U2U Member Reply With Quote
Last thing I had shipped from Japan I think I ended up paying 17.5% VAT, whatever the import duty was and Parcel Force charged me £7 for a letter saying it was at the depot I had to pay the charges.

As said declaring at a lower value is all well and good until something arrives damaged and you can only claim for that value. If you're organising for a group buy that is one thing I certainly wouldn't do as if they all turned up battered you're all screwed.
Russ
Member
Registered: 14th Mar 04
Location: Armchair
User status: Offline
11th Jan 11 at 22:22   View User's Profile U2U Member Reply With Quote
Overnight parts from japan.
chrisritch
Member
Registered: 2nd Sep 08
Location: Northants Drives: V40
User status: Offline
11th Jan 11 at 23:11   View User's Profile U2U Member Reply With Quote
make the sender label the package as samples. will get through free iirc. we dont pay import tax when bringing in samples from china at work
Sam
Moderator
Premium Member

Registered: 24th Dec 99
Location: West Midlands
User status: Offline
11th Jan 11 at 23:28   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by chrisritch
make the sender label the package as samples. will get through free iirc. we dont pay import tax when bringing in samples from china at work


That's because you won't pay anything on samples that actually ARE samples, not multiple quantities of the same items!
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
11th Jan 11 at 23:30   View User's Profile U2U Member Reply With Quote
Speak to AdrianK on S2ki.

Me and him imported a few things and we got them to quote the value as $100 - and so paid about £20 duty.
Gary
Premium Member

Avatar

Registered: 22nd Nov 06
Location: West Yorkshire
User status: Offline
11th Jan 11 at 23:35   View Garage View User's Profile U2U Member Reply With Quote
I get stuff valued at a lower value. Insurance is affected but that's a risk you take.

A guy also told me to get them to label goods as 'samples' and this does away with import duty.

Either that or find a product that holds a lower % import duty (like 1%) and declare them as that.
Gary
Premium Member

Avatar

Registered: 22nd Nov 06
Location: West Yorkshire
User status: Offline
11th Jan 11 at 23:38   View Garage View User's Profile U2U Member Reply With Quote
Didn't read what was said about samples btw.

Lower rate products ftw then
Toby
Premium Member

Avatar

Registered: 29th Nov 05
User status: Offline
11th Jan 11 at 23:42   View Garage View User's Profile U2U Member Reply With Quote
Also remember to claim back the tax you paid in the usa
chr15barn3s
Member
Registered: 5th Oct 03
Location: Farnborough
User status: Offline
11th Jan 11 at 23:58   View User's Profile U2U Member Reply With Quote
How stupid do people think customs are? Even if you put it as samples or a gift etc customs can still inspect it and charge you more.
Sam
Moderator
Premium Member

Registered: 24th Dec 99
Location: West Midlands
User status: Offline
12th Jan 11 at 10:34   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Toby
Also remember to claim back the tax you paid in the usa


You can't claim back sales tax in the USA!
Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
12th Jan 11 at 10:42   View User's Profile U2U Member Reply With Quote

 
New Topic
New Poll

Corsa Sport » Message Board » Off Day » Import tax and duty, any knowledgeable people help? 23 database queries in 0.0147798 seconds