Hi all
I'm looking into importing a marker from the US. The marker is currently priced at $800 Around £540 by today's exchange rate.
What fees am I expected to pay when it hits the UK?
20% VAT, and duty charges?
Are there any things I can do to reduce the rate I pay when it get's into the UK. For example declaring a lower value.
I also believe you can pay the Tax in advance, so it'll sail through customs?
Any help is appreciated
I'm looking into importing a marker from the US. The marker is currently priced at $800 Around £540 by today's exchange rate.
What fees am I expected to pay when it hits the UK?
20% VAT, and duty charges?
Are there any things I can do to reduce the rate I pay when it get's into the UK. For example declaring a lower value.
I also believe you can pay the Tax in advance, so it'll sail through customs?
Any help is appreciated