- Joined
- May 5, 2011
- Messages
- 1,152
Has anybody got experience with importing parts from Australia?
How easy is it to import from Aus to the UK and how is the import tax calculated? According to the Gov.uk website tax is calculated at 20% which is quite straightforward. In addition to the VAT one has to pay customs duty. Up to a value of £630 this is 2.5% and above £630 the rate is dependent on the sort of goods and the country of origin.
For the VAT calculation, packaging and shipping cost have to be included. Does the same apply to the customs duty?
If I can keep the customs duty at 2.5% then it would be worthwhile to import. However if it becomes an unknown territory than the risk is to great.
How easy is it to import from Aus to the UK and how is the import tax calculated? According to the Gov.uk website tax is calculated at 20% which is quite straightforward. In addition to the VAT one has to pay customs duty. Up to a value of £630 this is 2.5% and above £630 the rate is dependent on the sort of goods and the country of origin.
For the VAT calculation, packaging and shipping cost have to be included. Does the same apply to the customs duty?
If I can keep the customs duty at 2.5% then it would be worthwhile to import. However if it becomes an unknown territory than the risk is to great.