Query by Ben M: confused about import tax from china to UK?
first of all verify out this hyperlink!
http://www.businesslink.gov.uk/bdotg/action/tariffFilter?export=false&important.commodityCode=9504100000&simulationDate=28/12/08
i am wanting to import electrical goods (games consoles, digital cameras, mobiles and so on) from china to the UK.
i am just questioning what import tax will apply? that web site is kinda confusing as only factor i am getting from it is that i wont have to pay import tax if importing from an EU country, which i knew already.
where can i uncover out the rates for china >> uk?
thanks
Ideal answer:
Answer by George
The UK is a member of the European Union, so something imported from a nation outside the EU will incur VAT, and possibly import duty (and for a handful of items such as alcohol or petrol or tobacco, excise duty as properly finish even rarer nevertheless anti-dumping duties could apply to specific items).
In accordance with the link you have offered, VAT is presently 15% at the new UK VAT common price. In addition, in accodance with the very same internet site, there is no third nation import duty on Commodity code 9504 10 00 00 (Video games of a type employed with a tv receiver) which you have selected.
In actual reality, not several things have import duty levied on them. So. I consider you will possibly only have to pay the 15% VAT (on the price plus insurance plus freight/postage), but you will have to check to confirm about the import duty to be 100% sure.
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