October 29, 200421 yr anybody know how much customs import duty i would pay on a 100 quid tft screen from hong kong?
October 29, 200421 yr You'll pay 17.5% VAT on top of the item price plus postage and insurance, and then you'll pay import duty on top of all that - which is between 4 and 8% IIRC, depending on what the item is classified as by the HCME people (I can't remember what tech goods are though, sorry). Then there'll probably be a 'clearing charge' by the courier as well, for processing the paperwork - usually between £10 and £20 (depends on the courier) So if, for the sake of argument, postage & insurance is £50, you'd pay: VAT = 150 * 17.5% = £26.25 Duty = 176.25 * 6% = £10.58 Clearing = 186.83 + 15 = £201.83 Adds up quick doesn't it.. It does depend on who exactly looks at your package, though.. you could get lucky..
anybody know how much customs import duty i would pay on a 100 quid tft screen from hong kong?