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Author Import tax..
Rickavo
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Registered: 2nd Jul 09
Location: Manchester
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16th Mar 12 at 00:21   View User's Profile U2U Member Reply With Quote

Anyone clued up on import taxes?

I want to import a cd player from the us, price is £1100, anyone know what taxes i would have to pay?

Ive googled it and cant really make sence of it
Matty SRi
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Registered: 3rd Dec 08
Location: Stockton-on-Tees Drives: Mk3 Golf GTi
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16th Mar 12 at 00:24   View User's Profile U2U Member Reply With Quote

no idea mate but 1100 for a cd player??
Rickavo
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Registered: 2nd Jul 09
Location: Manchester
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16th Mar 12 at 00:26   View User's Profile U2U Member Reply With Quote

Its a dj cd player mate
LeeM
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Registered: 26th Sep 05
Location: Liverpool
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16th Mar 12 at 00:26   View User's Profile U2U Member Reply With Quote

Probably a cdj
LeeM
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Registered: 26th Sep 05
Location: Liverpool
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16th Mar 12 at 00:26   View User's Profile U2U Member Reply With Quote

pioneer 2000?
Rickavo
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Registered: 2nd Jul 09
Location: Manchester
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16th Mar 12 at 00:29   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by LeeM
pioneer 2000?


LeeM
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Registered: 26th Sep 05
Location: Liverpool
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16th Mar 12 at 00:30   View User's Profile U2U Member Reply With Quote

Good price, but if they mark the package with the true value you'll have to pay tax
Rickavo
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Registered: 2nd Jul 09
Location: Manchester
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16th Mar 12 at 00:32   View User's Profile U2U Member Reply With Quote

aye thats why i want to know, if it is to much then i might aswell pay the extra and get it from england
LeeM
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Registered: 26th Sep 05
Location: Liverpool
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16th Mar 12 at 00:36   View User's Profile U2U Member Reply With Quote

Think you pay import tax then vat on top of the total. Will probably work out more!
I got conned on my new controller
Rickavo
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Registered: 2nd Jul 09
Location: Manchester
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16th Mar 12 at 00:44   View User's Profile U2U Member Reply With Quote

Ye i just seen that

Name and shame tbh
LeeM
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Registered: 26th Sep 05
Location: Liverpool
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16th Mar 12 at 00:51   View User's Profile U2U Member Reply With Quote

From what I've found online he seems to be a reasonably successful dj, if I don't have this controller in my hand by tomorrow I'll be naming and shaming
Rickavo
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Registered: 2nd Jul 09
Location: Manchester
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16th Mar 12 at 00:55   View User's Profile U2U Member Reply With Quote

U2u me his name lets have a goosey
LeeM
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Registered: 26th Sep 05
Location: Liverpool
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16th Mar 12 at 01:05   View User's Profile U2U Member Reply With Quote

Not yet
Rickavo
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Registered: 2nd Jul 09
Location: Manchester
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16th Mar 12 at 01:09   View User's Profile U2U Member Reply With Quote

If hes a dj he'll be glad of the publicity...

charge him 1 controller for advertising
LeeM
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Registered: 26th Sep 05
Location: Liverpool
User status: Offline
16th Mar 12 at 01:19   View User's Profile U2U Member Reply With Quote

What happens tomorrow determines how much his publicity will be worth lol
DaveyLC
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Registered: 8th Oct 08
Location: Berkshire
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16th Mar 12 at 09:56   View User's Profile U2U Member Reply With Quote

There is a loop hole: you could have them mark it as a sample and you can pretend to be a retailer.
Jerham
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Registered: 18th Aug 04
Location: Cambridgeshire
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16th Mar 12 at 10:33   View User's Profile U2U Member Reply With Quote

Could you not get them mark as a gift? Put a bit of ribbon on it or something.
LeeM
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Registered: 26th Sep 05
Location: Liverpool
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16th Mar 12 at 10:49   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Jerham
Could you not get them mark as a gift? Put a bit of ribbon on it or something.


Isn't there a problem with insurance etc?
Sam
Moderator
Premium Member


Registered: 24th Dec 99
Location: West Midlands
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16th Mar 12 at 11:18   View User's Profile U2U Member Reply With Quote

Add together the cost of the item and the delivery charge.

20% of that combined total is your import VAT. There shouldn't be any duty to pay as electronics are duty free.

You will also have to pay an admin charge to whoever clears it through customs on your behalf - if it's Parcelforce for example I think they charge about £7, maybe more if it's a high value item like yours.

So you're probably looking at about £230 roughly for import charges...

[Edited on 16-03-2012 by Sam]
Sam
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Registered: 24th Dec 99
Location: West Midlands
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16th Mar 12 at 11:23   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by LeeM
Good price, but if they mark the package with the true value you'll have to pay tax


Customs can and do open up parcels randomly and also if they suspect you are importing drugs or anything else that's banned. So if your sender marks the cost of the item as £20 and then customs open it up to see a brand new shrink-wrapped item that is worth £1100, they will charge you import VAT on the £1100 not the £20.

quote:
Originally posted by Jerham
Could you not get them mark as a gift? Put a bit of ribbon on it or something.


corsadonk
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Registered: 4th Jul 09
Location: Marlborough, Wiltshire
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16th Mar 12 at 18:46   View Garage View User's Profile U2U Member Reply With Quote

Sam's price is about right.
Toby
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Registered: 29th Nov 05
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16th Mar 12 at 21:58   View Garage View User's Profile U2U Member Reply With Quote

but remember the retailer in the US should be able to help you claim back the tax paid in the US which is about 6%-8% depending on the state
Sam
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Premium Member


Registered: 24th Dec 99
Location: West Midlands
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16th Mar 12 at 23:04   View User's Profile U2U Member Reply With Quote

Wrong.
Rickavo
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Registered: 2nd Jul 09
Location: Manchester
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17th Mar 12 at 01:31   View User's Profile U2U Member Reply With Quote

care to say why hes wrong?
Sam
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Premium Member


Registered: 24th Dec 99
Location: West Midlands
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17th Mar 12 at 08:49   View User's Profile U2U Member Reply With Quote

Sales tax is a state imposed tax, whereas the tax we pay on goods and services in the UK is a value added tax which is managed at national level (and VAT can be refunded to tourists who are returning back to their own country - provided it's outside the EU).

Having said all that - if you can buy something from the state of Delaware then do that as they are the only state in America that does not impose a sales tax at present. Alaska and Hawaii, and probably some other states too also don't impose a sales tax but Alaska has local borough taxes and Hawaii businesses sometimes pass on any taxes to the consumers from what I remember.

So in short - no you can't claim sales tax back, and buy from Delaware if you don't want to pay any sales tax.

[Edited on 17-03-2012 by Sam]

 
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