Rob B
Member
Registered: 8th Jan 04
Location: Area Motorsport Drives: Race EP3
User status: Offline
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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]
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daymoon
Premium Member
Registered: 1st Aug 08
Location: Selby, North Yorkshire
User status: Offline
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Get seller to declare the good at lower value. Say $1000 instad of 3400
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Rob B
Member
Registered: 8th Jan 04
Location: Area Motorsport Drives: Race EP3
User status: Offline
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Will that not effect insurance?
I would do that if Its just my self but it's parts for others too.
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Rob_Quads
Member
Registered: 29th Mar 01
Location: southampton
User status: Offline
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If you say its only worth $1000 thats all it will be insured for.
There is no safe way of avoiding the tax
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Matt H
Member
Registered: 11th Sep 01
Location: South Yorkshire
User status: Offline
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The shipping company may also add their fees
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Rob R
Member
Registered: 31st May 03
Location: Kent
User status: Offline
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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.
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Russ
Member
Registered: 14th Mar 04
Location: Armchair
User status: Offline
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Overnight parts from japan.
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chrisritch
Member
Registered: 2nd Sep 08
Location: Northants Drives: V40
User status: Offline
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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
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Sam
Moderator Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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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!
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Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
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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.
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Gary
Premium Member
Registered: 22nd Nov 06
Location: West Yorkshire
User status: Offline
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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.
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Gary
Premium Member
Registered: 22nd Nov 06
Location: West Yorkshire
User status: Offline
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Didn't read what was said about samples btw.
Lower rate products ftw then
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Toby
Premium Member
Registered: 29th Nov 05
User status: Offline
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Also remember to claim back the tax you paid in the usa
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chr15barn3s
Member
Registered: 5th Oct 03
Location: Farnborough
User status: Offline
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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.
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Sam
Moderator Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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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!
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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