How To Calculate VAT and Customs Duty When Importing From China | Amazon FBA UK

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Luca Davenport

Luca Davenport

Күн бұрын

How To Calculate VAT and Customs Duty When Importing From China | Amazon FBA UK
In this video I break down exactly how to calculate what import duties and VAT you will have to pay HMRC when importing goods from China into the UK.
I’ll show you what exchange rates to use, how to work out your products commodity code + explain some hidden fees!
LINKS
Trade Tariff Checker: www.gov.uk/trade-tariff
HMRC Exchange Rates: www.gov.uk/government/publica...
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#Importduty #importvat #importingfromchina

Пікірлер: 262
@LucaDavenport
@LucaDavenport 2 жыл бұрын
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@ilkbaharkunduzu1
@ilkbaharkunduzu1 5 ай бұрын
If the sale has already taken place on Amazon, and I ship the product from my country to the final consumer in the UK, with VAT already collected and an EORI number in hand, what are my obligations? My intention is not to burden the customer with any additional costs. I wish to cover any potential import duties if customs imposes them. Will the presence of an EORI number facilitate the clearance of the package, allowing me to later invoice and pay directly to HMRC based on that record?
@lokmanekrizou2955
@lokmanekrizou2955 3 жыл бұрын
Thank you so much Luca, you nailed it, best explanation you can find in youtube
@Peppykids2
@Peppykids2 3 жыл бұрын
Wow, this is what I've been searching for days, finally got the info i wanted. Very helpful. Many thanks for this video Luca👍
@joeboulton7638
@joeboulton7638 2 жыл бұрын
What a video, you explained it so simply and precisely!
@richmindset3315
@richmindset3315 3 жыл бұрын
Thank you so much, that was really helpful man!
@Erica-ib1ih
@Erica-ib1ih 3 жыл бұрын
I am only 2 minutes into the video is by far the most informative video out there. Thank you very much🙌
@Stargazer22
@Stargazer22 3 жыл бұрын
Found this video very informative indeed. Thank you
@lalitakumar8980
@lalitakumar8980 3 жыл бұрын
Really helpful Luca thank you!
@winniecheuk5147
@winniecheuk5147 3 жыл бұрын
Your information is really useful,thank you so much
@ganibeltcuaresma3260
@ganibeltcuaresma3260 3 жыл бұрын
Many thanks! You are great! Really good explained point by point. Much LoVe! 👌
@lpremathetech
@lpremathetech Жыл бұрын
Very easy to understand! Thanks Luca
@youngjoonsong3484
@youngjoonsong3484 3 жыл бұрын
This is really a helpful video to understand. Thank you.
@kripaljadeja751
@kripaljadeja751 Ай бұрын
Hello. My name is Kripalsinh . I am from India. I am a exporter of Indian products I am searching buyers . Are importing good from India
@czedda5213
@czedda5213 3 жыл бұрын
Thank you so much, very useful
@annamaziz6894
@annamaziz6894 3 жыл бұрын
you explained this too well thanks!
@MsBoobiDoo
@MsBoobiDoo 3 жыл бұрын
Excellent information, thank you
@achrafelouahdi
@achrafelouahdi 3 жыл бұрын
Thanks man, no one on internet could explain this more clearly than you. Big thanks
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Happy to help!
@usmanfarooqofficial1178
@usmanfarooqofficial1178 3 жыл бұрын
hello sir i want to get cargoo from china to uk amazon fullfill center which the best and cheap way ?is it take supplair freight farwadar or get arrange third party freight farwader? how i get the cheap freight farwader ? so which is the best way plz explain
@debrinchkdltd3684
@debrinchkdltd3684 3 жыл бұрын
Hello sir, I am wanting to import leather shoes (Brogue) from India. CIF £3971. How do I work out duty & tax
@kripaljadeja751
@kripaljadeja751 Ай бұрын
Hello. Mam My name is Kripalsinh . I am from India. I am a exporter of Indian products I am searching buyers . Are importing good from India
@kripaljadeja751
@kripaljadeja751 Ай бұрын
​@@debrinchkdltd3684 hello i am from India and exporter of Indian products can we talk more about it
@syedsaadrahman7925
@syedsaadrahman7925 2 жыл бұрын
OMG Amazing Video. Thanks a lot for sharing this valuable information.
@SE-wu5ow
@SE-wu5ow 3 жыл бұрын
Great video, thanks so much
@dprasu143
@dprasu143 3 жыл бұрын
useful information .. Thank you so much
@markhor1vlog2888
@markhor1vlog2888 2 жыл бұрын
very informative and well explained
@kabeerpm5178
@kabeerpm5178 2 жыл бұрын
Thanks for beautifully explained
@Paula-ei2jm
@Paula-ei2jm 3 жыл бұрын
Thanks dear . You have explained it such a nice way so that any one can understand easily.
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Thanks, glad it was helpful!
@kripaljadeja751
@kripaljadeja751 Ай бұрын
Hello. My name is Kripalsinh . I am from India. I am a exporter of Indian products I am searching buyers . Are importing good from India
@bailey734
@bailey734 3 жыл бұрын
You're the man! Thanks, really appreciate this video I was super confused until I watched this!
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Glad it helped!
@JashnInternational
@JashnInternational 10 ай бұрын
want to import from India ? I will be happy to help you
@kripaljadeja751
@kripaljadeja751 Ай бұрын
Hello. My name is Kripalsinh . I am from India. I am a exporter of Indian products I am searching buyers . Are importing good from India
@nikoldicheva9696
@nikoldicheva9696 3 жыл бұрын
You are a star ! Thank you
@jameshodgson9563
@jameshodgson9563 5 ай бұрын
thus was an awesome video, thanks so much.
@a320trevor
@a320trevor Жыл бұрын
Just what I needed to know brilliant thank you.
@kripaljadeja751
@kripaljadeja751 Ай бұрын
Hello. My name is Kripalsinh . I am from India. I am a exporter of Indian products I am searching buyers . Are importing good from India
@positiveviboo9322
@positiveviboo9322 3 жыл бұрын
Considering all these costs and looking at the competitive market a new comer small business would not have too much hope
@Nomoreranch0
@Nomoreranch0 3 жыл бұрын
Exactly where I find myself. Daylight robbery this
@MrGentileg
@MrGentileg 3 жыл бұрын
Good stuff.
@JohnKalubi-rv4oc
@JohnKalubi-rv4oc Ай бұрын
Thank you very much
@riznofre5385
@riznofre5385 Жыл бұрын
very useful video
@snapting2889
@snapting2889 3 жыл бұрын
Excellent
@hasnatmalik4404
@hasnatmalik4404 3 жыл бұрын
After a long time 😃
@user-to4wz7ul9o
@user-to4wz7ul9o 10 ай бұрын
best video
@lindiwemanzini-oy9qg
@lindiwemanzini-oy9qg Жыл бұрын
Define the concept customs duties
@bukolapopoola8534
@bukolapopoola8534 3 жыл бұрын
A million likes for this video. You did such a good job of breaking it down for me. Double thumbs up!!
@kripaljadeja751
@kripaljadeja751 Ай бұрын
Hello. My name is Kripalsinh . I am from India. I am a exporter of Indian products I am searching buyers . Are importing good from India
@usmanfarooqofficial1178
@usmanfarooqofficial1178 2 жыл бұрын
Our company have rigistered in uk And we have vat and eori aswell
@kripaljadeja751
@kripaljadeja751 Ай бұрын
Hello. My name is Kripalsinh . I am from India. I am a exporter of Indian products I am searching buyers . Are importing good from India
@joshuahughman8978
@joshuahughman8978 2 жыл бұрын
Hi Luca, very helpful video, thank you! I have a question, how do we calculate VAT and customs duty when we have different types of products in the same container that have different custom duty %?
@kripaljadeja751
@kripaljadeja751 Ай бұрын
Hello. My name is Kripalsinh . I am from India. I am a exporter of Indian products I am searching buyers . Are importing good from India
@driftathug
@driftathug 3 жыл бұрын
Thank you this was big help, may I ask what is the fastest shipping method you recommend when it comes to shipping from China to UK?? Thanks
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Hey, express air shipping is the quickest but is very expensive at the moment due to the pandemic!
@sanasohail9171
@sanasohail9171 2 жыл бұрын
Thank you for this video. I do not understand why sometimes we have to pay this and at others there is nothing to pay ?
@LucaDavenport
@LucaDavenport 2 жыл бұрын
Sometimes sellers will send shipments as 'commercial samples' of 'gifts' and these then won't incur any import duties or VAT.
@Claire-to5ym
@Claire-to5ym 3 жыл бұрын
Thanks for this video!!!! The UK is so vague with charges! Even after lots of research I knew about the handling fee and VAT, but not tariff tax. So many thanks! You have made things a lot easier by bringing all the info together. I don't know why royal mail and DHL don't make this obvious so it is less of a shock to people picking them up. It is quite scary paying a lot on an item from abroad, and not really know what else will be charged when it arrives. This also gives people proof of what to challenge if it feels like they have charged extra for no reason.
@kucukdurmaz
@kucukdurmaz 3 жыл бұрын
the video is quite good. the news about all these neverending costs are not that exciting though :-)
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Hopefully by the end of this video you'll understand exactly how to calculate Duties & VAT when importing goods into the UK! P.S: It's important not to get confused between the incoterm 'CIF' and 'CIF Value' as these are two different things.
@wmeshop9428
@wmeshop9428 3 жыл бұрын
I did understand, I am about to start Amazon Fba , I’m learning everything step by step , i ordered sample of product, I paid for sample + shipping today got text message saying I have to pay £25 for import duties , sample cost me £30 including shipping , I was looking for information on import duties and I got lucky you just uploaded detailed video of Duties thanks a lot , But still I can’t understand why I been charged so much by dhl ,
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Hey, did you want till the end of the video when I talked about hidden fees? It's likely they have charged you an admin clearance fee, which tends to be around 5% or £20, whichever is higher.
@wmeshop9428
@wmeshop9428 3 жыл бұрын
Luca Davenport yes I did watched whole video and I got that admin fee part as well they charged me £11 admin fee , Luca ur star very detailed video thanks a lot , you got new subscriber 👍🏼
@Soni-asghari
@Soni-asghari 3 жыл бұрын
Hi I just want to buy something from USA and the price is £73 plus £12 shipping so should I pay vat and duties for this item thanks
@rranamagar1673
@rranamagar1673 3 жыл бұрын
@@Soni-asghari do you know if i buy £112 total price which is small amount of clothes .do i have to pay tax
@vollergewinn4985
@vollergewinn4985 Жыл бұрын
How do you determine the insurance value?
@tombeldon7881
@tombeldon7881 3 жыл бұрын
Great video, thanks! Luca, about the VAT if I am importing from China do I need to pay it even if I am not VAT registered?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Hey Tom, glad it was helpful! If you’re not VAT registered then you will need to pay import VAT. If your company is VAT registered then you can claim that VAT back. I’ve got a video that explains this all in more detail here: kzbin.info/www/bejne/rqHRq2CeitF9rKM
@tombeldon7881
@tombeldon7881 3 жыл бұрын
@@LucaDavenport Great, thanks!
@rummy3397
@rummy3397 Жыл бұрын
Thank you for the video. For discounted/sales items, please let me know if import VAT is paid at the price that we actually pay or full price?
@LucaDavenport
@LucaDavenport Жыл бұрын
Its based on the price you paid for the item
@rummy3397
@rummy3397 Жыл бұрын
@@LucaDavenport Thank you :)
@ellamikhael747
@ellamikhael747 2 жыл бұрын
thank you, thats great, what documents do I need from my supplier and shipping company?
@LucaDavenport
@LucaDavenport 2 жыл бұрын
You need a commercial invoice from your supplier and a bill of lading from your shipping company
@hazzadgolf
@hazzadgolf 7 ай бұрын
I have just watched the video which was fantastic and made the whole process much clearer. Just one query, we are VAT registered so I presume that the VAT that we are charged on the good imported, we can then claim back at the end of our VAT quarter? This would then reduce the unit cost of each item. Regards
@LucaDavenport
@LucaDavenport 7 ай бұрын
Glad it helped! Yes exactly, if you pay import duty at the time of import, you can claim this VAT back when you do your VAT returns. Alternatively you can join the governments new "PVA" (postponed VAT accounting) scheme, which means you won't have to pay the import VAT at the time. This option is better for cashflow. Give it a Google. Hope that helps!
@thedailyblurb
@thedailyblurb 3 жыл бұрын
Great video! Do I still have to pay VAT if I am a individual seller buying from China or is it only limited companies who pay? Thanks.
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Cheers! No I'm afraid everyone has to pay import VAT
@olierance
@olierance 3 жыл бұрын
Useful video. If I have paid for a DDP price leaving my supplier to arrange door to door delivery. Will I need to pay VAT separately?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Hey so technically DDP means Delivered Duties Paid, so import VAT may still need to be paid but the import duties should be included in the price. That said, when suppliers say DDP, they sometimes mean the price includes import duties & VAT, so I would check with your supplier to see whats included
@aspears5908
@aspears5908 Жыл бұрын
Very informative video thanks!! Can anyone confirm if DDP Shipping the manufacturer will pay customs & VAT?
@LucaDavenport
@LucaDavenport Жыл бұрын
That is correct
@mujahidashraf5755
@mujahidashraf5755 4 ай бұрын
Hi Luca, can we do alibaba tax exemption without vat register ? if yes please leave some information that will be appreciated thanks
@KAANASICI
@KAANASICI Жыл бұрын
Hi ordered a watch from aliexpress and I am an international student in UK and I don't have a vat number and etc. I heard that I have to pay a tax and etc can you help ?
@XStarGazerxx
@XStarGazerxx 2 жыл бұрын
If my shipping (~€7) is from Belgium and my package (~€20) need to be in Belgium, do I still need to pay extra on Aliexpress? Or will my total price be just ~€27?
@theonlineathlete3310
@theonlineathlete3310 3 жыл бұрын
Everyone gets ripped off in business
@jonahart777
@jonahart777 2 жыл бұрын
What if you buy at an online auction ? previously used product...
@kieranwhite4856
@kieranwhite4856 3 жыл бұрын
Is there a way to reduce import tax when sending small items to countries outside the UK (german, Latvia ect). I don't seem to need to pay any import tax when shipping to the US? Does anyone know why this is?
@andrewpayne5514
@andrewpayne5514 20 күн бұрын
Very informative, I'm assuming this is EXW purchases and not DDP, I normally purchase DDP but want to start claiming the VAT back rather than getting the supplier to pay the taxes.
@LucaDavenport
@LucaDavenport 18 күн бұрын
Correct! This is for every other incoterm (EXW, FOB, etc...) that does not include duties & VAT in the price, like DDP does.
@stevenicholls3235
@stevenicholls3235 3 жыл бұрын
Hiya! Brilliant video, but! I went to the HMRC, found my commodity code but there was no % next to it! Is it because HMRC have updated or is it because I'm looking on mobile? Thanks in advance!
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Thanks! If you're on mobile , make sure you click on the coloured numbers and go onto the commodity code page. You shiuld see it there!
@joshuawilliams5757
@joshuawilliams5757 Жыл бұрын
Hi Luca. Incredibly helpful video, thank you so much. I have a quick question... you mentioned the manufacturer/supplier in China not charging VAT, but for all of my samples I paid VAT, and for my bulk order soon, I am being quoted with VAT? Only way not to pay VAT through Alibaba is if I am VAT registered. I shouldn't have to pay VAT to supplier and also import VAT and duties should I? Thanks again, Josh
@LucaDavenport
@LucaDavenport Жыл бұрын
No worries, glad it was helpful! So things have changed quite a bit since I filmed that video. The UK government now forces companies like Alibaba to charge VAT at checkout and pass it on to HMRC. If you pay VAT at checkout, you shouldn't then also be charged the same import VAT again at customs, however if you do you can provide proof to HMRC and they will refund you for one of the payments.
@TrancerII
@TrancerII Жыл бұрын
@@LucaDavenport This video was amazing. But can you do an updated version since the changes on Alibaba? There appears to be a lack of info on this, which is quite huge that there is now the 20% VAT to pay at point of sale.
@shanxoxox8491
@shanxoxox8491 Жыл бұрын
@@LucaDavenport please do an updated version thank you ❤
@maggie9925
@maggie9925 2 жыл бұрын
Hi Luca, your video is really helpful. I registered the Vat when I set up the limited company, but I have not sell anything so far. Can I degregister for the VAT?
@LucaDavenport
@LucaDavenport 2 жыл бұрын
Yep, you can deregister for VAT as long as your turnover is below the £85K threshold
@shanxoxox8491
@shanxoxox8491 Жыл бұрын
U dont even need to VAT register even if ur an ltd business only if ur buisness makes more then 85k a year
@basheerahtunde
@basheerahtunde 3 жыл бұрын
Quick question please, do I need to do this if I have a freight forwarder and they are offering DDP service? Or I need to regardless.
@LucaDavenport
@LucaDavenport 3 жыл бұрын
DDP shipping will normally include import VAT & Duties in the shipping price, however it's always best to double check with your freight forwarder.
@dineshtvelvel1989
@dineshtvelvel1989 3 жыл бұрын
Thanks mate, just one question, So we need to register VAT for our business before importing?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Nope you don't need to be VAT registered until your business hits £85K in annual revenue. I've your business is not VAT registered you need to pay import VAT and VAT on all business expenses, however don't need to charge VAT on your sales. If your business is VAT registered you can claim back import VAT and VAT charged on business expenses, however need to charge VAT on sales. You might find this video helpful: kzbin.info/www/bejne/rqHRq2CeitF9rKM
@redakavaliauskaite4099
@redakavaliauskaite4099 3 жыл бұрын
Very informative video. What documents we need to have ready and how to prepare it for non business person to ship about £350 pounds value parcel by train? New to this, just need 200 jars for candle making and can't get my head around it.
@mp-fo3fm
@mp-fo3fm Жыл бұрын
hello, I bought an order from China 2 months ago but I still haven’t received a VAT invoice from my freight forwarder etc, should i be worried?
@frederikhackenberg8396
@frederikhackenberg8396 Жыл бұрын
Hi Luca, thanks for the video! I am a seller based in Australia, and I am trying to figure out the costs (VAT etc.) for when I ship my products from Australia to the UK. As you explain in your video I will have to pay Import Duties and VAT when my products enter the UK. As an overseas business I will also have to pay VAT on my sales and I won't have the VAT free threshold. Does this mean that I will have to pay VAT when I import and also when I sell my products? Does this mean I would be charged VAT twice? Just trying to wrap my head around the cost implications to see if selling in the UK is actually viable for me, as this would be a huge expense. Thanks!! :)
@JashnInternational
@JashnInternational 10 ай бұрын
want to import from India ? I will be happy to help you
@jkim7042
@jkim7042 3 жыл бұрын
Excellent Video. Question) We are US Seller trying to grow in UK. Would you recommend any specific company which has low hidden fee (administrative fee)? or Can hidden fee be waived if the seller are VAT registered or Duties are somehow pre arranged?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Hey, glad you enjoyed the video! The only way to avoid those hidden 'admin fees' is to create a 'deferment account' with HMRC.
@jkim7042
@jkim7042 3 жыл бұрын
@@LucaDavenport Thank for your input. Not interested in deferment account. Would you recommend a company which charge reasonable fee and provide good service?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
My pleasure. Woodland group, Unity logistics & westbound global all provide competitive shipping rates and don't have high admin fees.
@charlieharris9434
@charlieharris9434 2 жыл бұрын
If you buy an item from USA and then want to return it what happens to the custom charges? Especially if the items wasn’t delivered on time… thanks!
@LucaDavenport
@LucaDavenport 2 жыл бұрын
Hey, in that situation you can claim that back. If your product was shipped via a courier then you should be able to claim a refund through them or alternatively directly with HMRC.
@leojames7331
@leojames7331 3 жыл бұрын
Hi this was very interesting, thank you. I have a question though. I am not a business or commercial Importer, I am buying a poster from a private seller within the United States, to be sent by courier to myself, here in the UK. The value of the poster is £250. Does everything in this video still apply to me? Grateful for your advice ✌️
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Hey, glad you found the video helpful. Yep, everything in the video will apply to your order. You can find more info here: www.gov.uk/goods-sent-from-abroad/tax-and-duty
@shanxoxox8491
@shanxoxox8491 Жыл бұрын
I have paid for a tester on alibaba do u get charged for this already paid VAT on check out am I expecting anything else to pay ? Even thow it was a low cost tester Item
@Erraiad
@Erraiad 2 жыл бұрын
Do you know if tourists can claim a refund after paying a custom duty charge ?
@prodbya3781
@prodbya3781 2 жыл бұрын
Would this all be predetermined/calculated before you commit to the manufacturing of your product? Then you’d recalculate your profitability per unit to see if it’s still viable?
@LucaDavenport
@LucaDavenport 2 жыл бұрын
Yep exactly! You need to get some rough shipping quotes in and work out what your import duties and VAT will be before negotiating on price with your supplier and committing to manufacturing.
@sebastianreid9123
@sebastianreid9123 3 жыл бұрын
Hi Luca. Great video. I'm still a little confused however. I just ordered my first shipment which was my supplier did through UPS. It made it through customs and has been selling for a month on AMazon so I believe that UPS paid the customs and VAT on my behalf. The UK gov people I spoke to on the phone said that unless I used Royal Mail or Parcel Force that I would always have to pay this kind of extra commision to the company. What I'm wondering is where your process in this video comes in? I have my commodity code but I don't understand when and how I'm meant to use it. Is there a particular form I should fill in and if so to whom should I send it to? Also, should I ask my supplier to use Royal Mail or Parcel Force? Not too sure if they go from China. I'm basically very confused and while I would like to use your process above I'm missing the steps to do it. Any help would be really appreciated. Many thanks, Seb
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Hey, so it's not really a process that you need to do, this video is just to help breakdown and explain import fees. Normally either your freight forwarder or courier will pay the import duties and VAT on your behalf and then invoice you some time later and as mentioned at the end of the video they will normally charge you a small fee for paying up front on your behalf. You may still receive an invoice from UPS, give it a few more weeks. Also RM and Parcelforce don't ship from China.
@jagodaseta6140
@jagodaseta6140 3 жыл бұрын
@@LucaDavenport Hi, if you order through ups, fedex etc. you do not need to fill any forms before or after the shipping as you do when ordering bigger qty's?? just wait for the invoice and pay? if you ship directly to amazon how will they know as to where to send that invoice? thanks!
@LucaDavenport
@LucaDavenport 3 жыл бұрын
If your shipping your goods via express air shipping using a courier such as TNT, DHL, UPS etc, you/your supplier will need to attach a commercial invoice to the shipment. This invoice will include information about your supplier, the goods being shipped and you as the importer. It should include your EORI number and this is how the import is connected to your company. Of course if you book the shipping with a freight forwarder they know to invoice you as you are the one who's booked the shipping.
@SimplySport
@SimplySport 7 ай бұрын
Hey Luca just to confirm as a vat registered business you claim the vat you paid back right?
@LucaDavenport
@LucaDavenport 7 ай бұрын
Yep, that's right!
@Chopper894
@Chopper894 3 жыл бұрын
Are the goods held awaiting payment at a depot or do they just turn up and then you receive an invoice?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
In most cases the freight company will pay the VAT & Duties on your behalf to get the goods through customs and then you will receive an invoice at a later date
@mikepremhms123
@mikepremhms123 2 жыл бұрын
Unreal video
@janzalis1421
@janzalis1421 2 жыл бұрын
Please help. When he's talking about insurance. What insurance are we talking about?
@LucaDavenport
@LucaDavenport 2 жыл бұрын
Hey, I'm talking about cargo insurance
@Robthevampire666
@Robthevampire666 3 жыл бұрын
What happens when you buy from E-Bay who charge vat at point of sale ? does as has suggested in the media customs charge VAT over and above that already collected by the seller in this case E-Bay?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
If you are based in the UK and are VAT registered, then you are responsible for collecting VAT on Ebay sales. If you are based outside of the UK, then Ebay will collect VAT on your behalf
@adnanasif1
@adnanasif1 3 жыл бұрын
Is there any other option available for VAT 7.5%? Is this a good idea if I ask my supplier for DDP?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
The 7.5% Flat Rate Scheme (FRS) is a type of VAT registration and applies to 'Output VAT' (the VAT charged on sales) not input VAT, such as import VAT. If you are not VAT registered, you will need to pay 20% import VAT.
@fbawithali
@fbawithali 9 ай бұрын
My forwarder will pay everything ddp to amazon so when i file VAT to hmrc can i claim back our VAT on import ?
@kripaljadeja751
@kripaljadeja751 Ай бұрын
Hello. My name is Kripalsinh . I am from India. I am a exporter of Indian products I am searching buyers . Are importing good from India
@ceolondon9117
@ceolondon9117 3 жыл бұрын
Hi, can anyone tell me please, if I can import other companies/brand overstock product into uk ?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
That shouldn't be a problem as long as you have the brands consent to sell their product in the UK
@Gamer-qw2tr
@Gamer-qw2tr 2 жыл бұрын
Can anyone help me, (first time importing from US) I’ve ordered at statue of a character (for £380.80 gbp) after been converted from USD from a game and I’ve used simple duty calculator I google and it say 0% duty fee and just the VAT I’d have to pay is this correct?
@MassiveDiscounts2023
@MassiveDiscounts2023 Жыл бұрын
If i choice the items to be shipped DDP still i have to pay something in uk? Thank you 😊
@Eddie123uk
@Eddie123uk Жыл бұрын
I am looking for the answer of this question
@italianyes
@italianyes 3 жыл бұрын
Is there a minimum price that is not affected by the customs charges, as I have bought things from Ali express for £100 and paid the tax to them directly but I'm not sure about the custom duty
@Paul-85PL
@Paul-85PL Жыл бұрын
Good question. Did you find the answer?
@leonmcgill7088
@leonmcgill7088 3 жыл бұрын
Hi Lucas, What happens if you are importing from China DDP and they are covering all costs, What happens when I sell my product in the UK how do I then claim my Vat back as this would mean Vat is being charged twice?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Hey Leon, if you're business is VAT registered you don't want to let your supplier ship your products DDP as they will usually use their own business or a partner business as the UK importer on paper. This means your business won't be the business paying the import VAT, you won't receive a C79 and won't be able to claim back the import VAT.
@user-zh7th2ge1c
@user-zh7th2ge1c 3 жыл бұрын
The courier admin fees do my head in. I dont want my customers getting a surprise fee to pay, and it seems SO MUCH when only buying lesser priced items. I still dont have the hang of it all, but this part feels make or break for importing from the eu to the uk. Is there somewhere i can get more info to understand this better?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Yep! The best place to find more info is on the Gov.Uk website or help articles on your couriers website.
@niltonrocha9600
@niltonrocha9600 3 жыл бұрын
Please, can anyone help me? I made a purchase on alibaba for 600 ointments. The alibaba The seller delivers when the goods are made available to the buyer on the arrival means of transport, ready to unload at the designated destination If it is taxed how do I pay these fees?
@NoneGiven-xt3ll
@NoneGiven-xt3ll 3 жыл бұрын
This is no longer accurate due to Brexit and a change to the import duty rates as per notice 143. Can it be updated?
@jag5798
@jag5798 3 жыл бұрын
Wish someone would do this for EU
@wilcodenbrok8034
@wilcodenbrok8034 3 жыл бұрын
Right now, I don't see any EORI number requested, or any store charging VAT. If the EORI number does not matter, then why would I use it then? (especially if i can use the EORI number of my fulfillment center). Also, the chances that the HMRC is going to chase a Dutch company that is selling to the UK, is very little. I don't see how any import can be tracked by to my company. Is it needed to put a company name on the package? A url? A name of store? The bank account that paid for a particular order? (I don't believe a fulfillment center in China would have it that well documented). I am sure enough that most people in the industry would take the chance. Since no store charges VAT. This really puts me in a disadvantage. Can an import be tracked back to the point of sale at all times?
@JamieStreet
@JamieStreet 2 жыл бұрын
Random question - say I've imported my goods to the UK from China and paid the import VAT and duties. What happens then if I import those goods from myself to Amazon in Germany - what value do I declare the goods have when importing to the EU?
@LucaDavenport
@LucaDavenport 2 жыл бұрын
You would need both a UK and EU EORI number and you would essentially be exporting the goods from the UK to the EU but you would retain ownership, therefore on the export/import declaration you would need to state that no import VAT or Duties is due as the products have not been sold. I would recommend working with a freight forwarder who can do this all for you.
@rehmanyasin2287
@rehmanyasin2287 2 жыл бұрын
i am beging u my shipping is ddp shipping so do i need to still pay tax and vat
@LucaDavenport
@LucaDavenport 2 жыл бұрын
DDP stands for Delivered Duties Paid, however normally also covers the cost of import VAT as well so you shouldn't normally have to pay either of these yourself if you have agreed DDP terms
@AA-uf3bl
@AA-uf3bl 2 жыл бұрын
How come I wasn't asked to pay any VAT or customs duty when I bought a belt on Amazon, which was delivered from China in 2016, or was it because it was prior to Brexit, or has it got to do with the price of the item? Thanks you for shedding a bit of light on this, as I want to order an item again on Amazon sent from China.
@LucaDavenport
@LucaDavenport 2 жыл бұрын
Hey, like you said that was several years ago and since Brexit things have no changed. If you were to buy a belt from China now, you will likely be charged VAT and import duties by Amazon at checkout.
@AA-uf3bl
@AA-uf3bl 2 жыл бұрын
@@LucaDavenport Thanks a lot, mate. Will let you know how it goes.
@AA-uf3bl
@AA-uf3bl 2 жыл бұрын
@@LucaDavenport You're right, Amazon charges them at checkout. Thanks Brexit and all the fuckers who voted for it, Boris - the embarrassing buffoon - in the first place.
@mal1k0
@mal1k0 2 жыл бұрын
What about those who are not VAT registered at the moment?
@LucaDavenport
@LucaDavenport 2 жыл бұрын
If you are not VAT registered you need to pay both import duties and import VAT. If you are VAT registered, you can claim the import VAT back from HMRC.
@A-pt2xo
@A-pt2xo Жыл бұрын
Do we still need to pay VAT on goods from China if we are not VAT registered in the UK? Our revenue has still not hit the 85k mark
@LucaDavenport
@LucaDavenport Жыл бұрын
Yes you do. Once you become VAT registered you don't have to, so you can claim it back.
@ronaldo-ce6ie
@ronaldo-ce6ie 3 жыл бұрын
Hello I just ordered goods from China and the delivery service provided is DDU. My item is going to be shipped next week. When should I pay VAT and customs? When it arrives or when they ship it ? Thanks. I have my supplier my Uk EORI number too. Hopefully you can reply back.
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Hey, it will depend on what shipping / incoterms you have agreed to. Has your freight forwarder / shipping company not advised you on when the VAT & Duties need to be paid?
@shandeepgurung3108
@shandeepgurung3108 11 ай бұрын
I am importing parcel from india . How do i pay for customs and vat . Do i need to pay before the item arrives or after please help.
@LucaDavenport
@LucaDavenport 10 ай бұрын
Hey, your courier / freight forwarder will likely pay on your behalf and then invoice you after delivery.
@craiggraham5847
@craiggraham5847 Жыл бұрын
As a side note, HMRS are Сunts
@adual3587
@adual3587 3 жыл бұрын
So the VAT the government gets will be a lot higher when you become VAT registered versus paying during the import process, 20% on every unit means you'll need to readjust your profit margins
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Yep, once you are VAT registered you will likely end up paying more VAT to the government and your profit per unit will go down slightly so it's important to plan for that.
@afymehmood5722
@afymehmood5722 2 жыл бұрын
@@LucaDavenport is it possible to be Ltd company and not pay vat?
@mvp2233
@mvp2233 2 жыл бұрын
I’m importing shoes from the US to the UK and the shoes r valued at £850 (7 pairs) how much would the import tax roughly cost
@LucaDavenport
@LucaDavenport 2 жыл бұрын
Very roughly £250 based on the assumption the duties are around 10% and the shipping fee is included in that £850 value.
@rehmanyasin2287
@rehmanyasin2287 2 жыл бұрын
i got ddp agreed and i am get it cheaper that fob
@richmindset3315
@richmindset3315 3 жыл бұрын
Do we need an EORI number to import goods into the UK?
@LucaDavenport
@LucaDavenport 3 жыл бұрын
Yep, you will need a UK EORI number to import goods into the UK. It's free and easy to apply!
@richmindset3315
@richmindset3315 3 жыл бұрын
@@LucaDavenport Yes! i've just applied for it and i got it straightaway, Thank you so much!
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