The value for VAT is the declared value of the goods plus the transport costs to the country of destination plus the Customs Duty.
Example of VAT calculation
- Value of goods = £80 +
- Transport to the UK = £35
- Duty charges = £4.02
Total value for VAT = £119.02 x 17.5% = Total VAT payable £20.83. Therefore the total Import Duty and VAT charges payable on import of these goods would be £24.85.
Get an instant quote
If you’d like to find the cheapest way to send parcels, use our parcel delivery instant quote system and we’ll get you the best prices from a selection of leading courier companies.
Where next?
|