Can someone tell me how much import duties plus / taxes could be attributed to a leather handbag from USA -? I buy a Gucci handbag from USA, but I have an idea how much boost I will be willing to pay for the import into the United Kingdom, the cost of the bag will be approximately $ 100 .
Anyone with a little knowledge of what would be a great help. Answer ASAP please - Thanks
The page linked below shows that the duty and import VAT will be payable. If you follow the link on this page to the "Internet commons", you find that VAT at the standard rate of 17.5% and the right is between 3% and 9.7%.
To know the exact rate to follow the instructions on this page. You need to know the relevant figures for the 10 Code handbag and customs of contact for the exact rate.
You have to pay VAT@17.5%
Posted on April 6, 2010.