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  • FIRST POST
    • markharriers
    • By markharriers 19th May 17, 8:42 AM
    • 163Posts
    • 10Thanks
    markharriers
    import tax uk
    • #1
    • 19th May 17, 8:42 AM
    import tax uk 19th May 17 at 8:42 AM
    Hi hope someone can help me i want to buy something direct from china how much would the import tax be as i do not want to be stung?

    any help much appreciated
Page 1
    • TadleyBaggie
    • By TadleyBaggie 19th May 17, 9:16 AM
    • 2,375 Posts
    • 1,715 Thanks
    TadleyBaggie
    • #2
    • 19th May 17, 9:16 AM
    • #2
    • 19th May 17, 9:16 AM
    How much is the item including shipping?
    • markharriers
    • By markharriers 19th May 17, 9:18 AM
    • 163 Posts
    • 10 Thanks
    markharriers
    • #3
    • 19th May 17, 9:18 AM
    • #3
    • 19th May 17, 9:18 AM
    it is £390 all in thank you for your help
    • Keep pedalling
    • By Keep pedalling 19th May 17, 9:43 AM
    • 3,584 Posts
    • 3,854 Thanks
    Keep pedalling
    • #4
    • 19th May 17, 9:43 AM
    • #4
    • 19th May 17, 9:43 AM
    it is £390 all in thank you for your help
    Originally posted by markharriers
    VAT will be 20% (£78) but there may be import duty to add to that as well. There are different duty rates on different products, so the next question is what is it?
    Last edited by Keep pedalling; 19-05-2017 at 9:59 AM.
    • markharriers
    • By markharriers 19th May 17, 10:00 AM
    • 163 Posts
    • 10 Thanks
    markharriers
    • #5
    • 19th May 17, 10:00 AM
    • #5
    • 19th May 17, 10:00 AM
    VAT will be 20% (£78) but there may be import duty to add to that as well. There are different duty rates on different products, so the theft question is what is it?
    Originally posted by Keep pedalling
    its an inflatable photo booth thank you
    • markharriers
    • By markharriers 19th May 17, 10:10 AM
    • 163 Posts
    • 10 Thanks
    markharriers
    • #6
    • 19th May 17, 10:10 AM
    • #6
    • 19th May 17, 10:10 AM
    The company have said they will put £100 on the invoice so i pay less?
    • IAmWales
    • By IAmWales 19th May 17, 11:36 AM
    • 1,261 Posts
    • 2,669 Thanks
    IAmWales
    • #7
    • 19th May 17, 11:36 AM
    • #7
    • 19th May 17, 11:36 AM
    The company have said they will put £100 on the invoice so i pay less?
    Originally posted by markharriers
    You're asking for help to commit fraud?
    • JVCAccountants
    • By JVCAccountants 19th May 17, 11:45 AM
    • 2 Posts
    • 2 Thanks
    JVCAccountants
    • #8
    • 19th May 17, 11:45 AM
    • #8
    • 19th May 17, 11:45 AM
    Import duty on plastic products from China is 6.5% - an inflatable photo both might not qualify as a plastic product but on your limited information that seems to be the right one.
    So declared value at customs £100, import duty £6.50, VAT £21.30 ... total £127.80
    • markharriers
    • By markharriers 19th May 17, 12:06 PM
    • 163 Posts
    • 10 Thanks
    markharriers
    • #9
    • 19th May 17, 12:06 PM
    • #9
    • 19th May 17, 12:06 PM
    Import duty on plastic products from China is 6.5% - an inflatable photo both might not qualify as a plastic product but on your limited information that seems to be the right one.
    So declared value at customs £100, import duty £6.50, VAT £21.30 ... total £127.80
    Originally posted by JVCAccountants
    Thank you really appreciated
    • martinsurrey
    • By martinsurrey 19th May 17, 12:09 PM
    • 3,072 Posts
    • 3,754 Thanks
    martinsurrey
    Import duty on plastic products from China is 6.5% - an inflatable photo both might not qualify as a plastic product but on your limited information that seems to be the right one.
    So declared value at customs £100, import duty £6.50, VAT £21.30 ... total £127.80
    Originally posted by JVCAccountants
    fraud committed = under declared value of £290, VAT evaded of £58 duty of £18.85, total of £76.85
    • Keep pedalling
    • By Keep pedalling 19th May 17, 12:47 PM
    • 3,584 Posts
    • 3,854 Thanks
    Keep pedalling
    As you are buying this for your business, why are bothering to risk saving a few quid with a fake deceleration?

    Presumably this expense is tax deductible including VAT if your business is VAT registered.
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