Royal mail import duty calculator
- how is import vat calculated uk
- how is import vat calculated
- do you pay vat on uk imports
Dhl import duty calculator uk
Uk import duty rates!
How to value goods for import VAT
To help you calculate the VAT due on goods you’ve imported to the UK, you must work out their value and add it to box 22 of your import declaration.
To work out the value, you need to add together:
- all charges payable on importation into the UK, such as Customs Duty or levy and Excise Duty (do not include the VAT itself)
- the cost of any incidental expenses (find out how to work out incidental expenses)
You’ll then need to add the total to the customs value of your goods.
Costs relating to the transport of the goods to a further destination than the UK (that are known at the time the goods are imported) must be included in the import VAT value.
Find out about goods you do not include when valuing for import VAT.
Goods with a reduced valuation
Certain works of art, antiques and collectors’ items are entitled to a reduced valuation at importation .
To reduce the valuation at importation you must:
Calculate a value for duty, using the appropriate duty method.
Add any additional costs.
Multiply the total by 25%.
By applying t