How much is UK import customs duty?
Understanding UK Import Customs Duty
When importing goods into the United Kingdom, it is crucial to be aware of the applicable customs duty, which varies depending on the value and type of goods being imported.
Duty-Free Threshold
Goods with a declared value of £135 or less are generally exempt from import customs duty. This threshold applies to both online and physical purchases.
Goods Above £135
For goods exceeding £135 in value, import customs duty is charged based on the type and origin of the goods. The applicable rate can be determined by referring to the UK Trade Tariff and VAT schedules.
Excise Duties
In addition to import customs duty, certain goods are also subject to excise duties, which are specific taxes levied on goods such as:
- Alcohol
- Tobacco products
- Hydrocarbon oils
- Betting and gaming machines
The rates of excise duties are set by the government and vary depending on the specific product.
How to Calculate Customs Duty
To calculate the customs duty payable on your import, you will need to:
- Determine the value of the goods (including shipping and insurance costs).
- Identify the specific code of the goods in the UK Trade Tariff.
- Determine the applicable duty rate based on the tariff code and country of origin.
Additional Considerations
- VAT (Value Added Tax) may also be payable on imported goods, which is calculated at the standard rate of 20%.
- Duty and VAT charges are typically paid at the point of entry into the UK, either by the importer or a customs agent.
- Failure to pay the correct amount of duty and VAT can result in penalties and additional charges.
Conclusion
Understanding the import customs duty and excise duties applicable to your goods is essential for smooth and efficient clearance through UK customs. By referring to the UK Trade Tariff and VAT schedules, you can determine the applicable rates and ensure that you fulfill your legal obligations.
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