Tyical import duties
Tyical import duties
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pb3

Original Poster:

1,064 posts

275 months

Thursday 17th November 2005
quotequote all
Well I am in the process of putting various shopping lists together for all things car related. A number of items will come from the US and in my costings so far I was assuming an import duty of 20% with VAT on top of that! But to my surprise an example given in Kitcar magazine suggests on a NOS kit for example only 4% duty is due!
Is this correct?
Can I assume 4% on all engine related parts?.
And what about electronics (read ECU kit) and say a wideband oxygen sensor/controller?

mclark

582 posts

265 months

Thursday 17th November 2005
quotequote all
I was of the understanding that it was 4% across the board + 17.5% vat.

pb3

Original Poster:

1,064 posts

275 months

Thursday 17th November 2005
quotequote all
I did mean Typical, Doh.

I have memories of paying something like 20% when I imported my engine. Or is that becasue it was a complete unit, am I wrong, or have things changed in the last couple of years?

gtr-gaz

5,281 posts

275 months

Thursday 17th November 2005
quotequote all
mclark said:
I was of the understanding that it was 4% across the board + 17.5% vat.



That's what I paid too. 4% duty (because it's car parts) + VAT

gtrclive

4,193 posts

312 months

Thursday 17th November 2005
quotequote all
Standard Duty is 10% then there's the dreaded Vat at 17.5% on top...

But if you state that it's for the Hobby then the Duty is lowered to 4.5%..

You have to have the goods sent to your Home address, as I found they charged me the full amount when I sent it to my works address by mistake....

So 22% total plus shipping is possable..

Good luck...

eliot

11,995 posts

283 months

Friday 18th November 2005
quotequote all
And they always add the duty to the price including shipping.

so (((goods + shipping ) + duty )+ admin fee ) + vat )

Figure about 80% of the $ price in pounds is about right.