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Vintage Star Wars Collecting
Vintage Collecting Chat
Customs question..
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<blockquote data-quote="AndyG" data-source="post: 16029" data-attributes="member: 30"><p>The charge is a standard formula and it makes no difference on the value of the goods. I've never been able to work out the Parcelforce / Royal mail fee although Royal Mail will be charging a flat fee of Ã'£8 from 2nd April.</p><p></p><p>For a Ã'£200 figure with a cost of say $30 to ship from the US the bill from customs would be something like</p><p></p><p>Ã'£200 import duty + shipping Ã'£15 @ 5% = Ã'£10.75</p><p>VAT @17.5% on item Ã'£200 + shipping Ã'£15 + import duty Ã'£10.75 = Ã'£39.50</p><p>Royal Mail Fee = Ã'£8</p><p></p><p>Total bill payable to Royal mail = Ã'£58.25</p><p></p><p>Perhaps what some people are not aware of is that the cost of shipping and the import duty is also included on the VAT calc :shock:</p></blockquote><p></p>
[QUOTE="AndyG, post: 16029, member: 30"] The charge is a standard formula and it makes no difference on the value of the goods. I've never been able to work out the Parcelforce / Royal mail fee although Royal Mail will be charging a flat fee of £8 from 2nd April. For a £200 figure with a cost of say $30 to ship from the US the bill from customs would be something like £200 import duty + shipping £15 @ 5% = £10.75 VAT @17.5% on item £200 + shipping £15 + import duty £10.75 = £39.50 Royal Mail Fee = £8 Total bill payable to Royal mail = £58.25 Perhaps what some people are not aware of is that the cost of shipping and the import duty is also included on the VAT calc :shock: [/QUOTE]
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