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https://www.jewelrygenius.com/aaNEWHTMLS/UKtaxes.html
1. Import Duty or Import Tax. Import Duty as of Dec. 2017 on gold jewelry is 2.5% and is based on the declared value of the goods, PLUS the transport costs to the country of destination. 2. Value Added Tax (VAT) Value Added Tax (VAT) as of Dec. 2017 on gold jewelry is 20%, plus the 2.5% Import Tax. The value for VAT purposes is therefore the declared value of the goods, PLUS the transport costs to the country of destination, PLUS the Import Duty.
https://www.gov.uk/guidance/tariffs-on-goods-imported-into-the-uk
Dec 31, 2020 · Some products are covered by a tariff-rate quota (TRQ). If there’s a TRQ for your product, you can apply to import a limited amount at a zero or reduced rate of customs duty…
https://wise.com/us/import-duty/from-uk
The goods cost $28,000. To find out how much you'll need to pay, you'll need to check the commodity code for umbrellas, and apply the import duty rate for that code — 6.5%. Tax will be due on the cost of the goods without shipping, which in this case is $28,000. 6.5% of $28,000 is $1,820. So for the good and customs duty, you'll pay $29,820 in total.
https://wise.com/gb/import-duty/from-usa
Tax will be due on the cost of the goods and shipping, which in this case is £22,000 (£15,000 + £7,000). 4.5% of £22,000 is £990 (22,000 0,045). So for the goods, shipping, and import duty, you'll pay £22,990 in total. As it’s from outside the EU, you’ll also need to pay VAT on this amount.
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