[alan_rymer]

Not sure where to put this info!.

I have been lookung at getting some Bins from thge USA and thought I would find out what charges UK Customs & Excise would levy on top.

Each item has a commodity code. Bins are 9005100000

Purchase Price+ Insurance+Delivery Multiplied by 4.5% then standard VAT on top of that.

Example:

product cost converted to UKP £ = 100
Insurance (if any ) converted to UKP £=10
Delivery converted to UKP £=10
=120 multiplied by 4.5% = £125.40 Pence

17.5% VAT on top of that = £147.35

Which isn't too bad really, when you consider the savings that could be made!.

C&E Phone number for queries is 0845 010 9000

[robinm]

Interesting. But isn't 4% on £120.00 £4.80 not £5.40. Sorry to be pedantic.

[alan_rymer]

Just seeing whose taking notice!. Well done Robin!.
My excel calc obviously needs work!.

Just checked and corrected it. My calc was correct.
but the duty is 4.5% not 4% as I had on the original post

[birdman]

Good info, Alan... but I'm a bit concerned that the mirky world of Commodity Codes has hit BF!!!

(Guess what muggins does at work! )

[robinm]

Originally Posted by alan_rymer

Just seeing whose taking notice!. Well done Robin!.
My excel calc obviously needs work!.

Just checked and corrected it. My calc was correct.
but the duty is 4.5% not 4% as I had on the original post

I spotted that your calc was 4.5% but then didn't bother to mention it. DOH.

[goldilocks]

Originally Posted by alan_rymer

Not sure where to put this info!.

I have been lookung at getting some Bins from thge USA and thought I would find out what charges UK Customs & Excise would levy on top.

Each item has a commodity code. Bins are 9005100000

Purchase Price+ Insurance+Delivery Multiplied by 4.5% then standard VAT on top of that.

Example:

product cost converted to UKP £ = 100
Insurance (if any ) converted to UKP £=10
Delivery converted to UKP £=10
=120 multiplied by 4.5% = £125.40 Pence

17.5% VAT on top of that = £147.35

Which isn't too bad really, when you consider the savings that could be made!.

C&E Phone number for queries is 0845 010 9000

Alan - I'm obviously more senile than you - in your calculation is the £147.35p what C&E would charge you -or- is it the difference between £147.35p and what the item cost ???
Bob (a bear with very little brain !)

[alan_rymer]

Originally Posted by goldilocks

Alan - I'm obviously more senile than you - in your calculation is the £147.35p what C&E would charge you -or- is it the difference between £147.35p and what the item cost ???
Bob (a bear with very little brain !)

Goldilocks

Yup you are right, the calculation is what they base their charge on :
Inport duty of 4.5% of the total cost including insurance and carriage plus the VAT.
In the example I gave you would be liable for £27.35 to the Coffers of the Government on top of the £120 that you already paid to the supplier.
HTH

[goldilocks]

Originally Posted by alan_rymer

Goldilocks

Yup you are right, the calculation is what they base their charge on :
Inport duty of 4.5% of the total cost including insurance and carriage plus the VAT.
In the example I gave you would be liable for £27.35 to the Coffers of the Government on top of the £120 that you already paid to the supplier.
HTH

Alan
Many thanks for that - with the $1 = £1 that most of our UK suppliers employ I will definitely start searching the U.S. dealers for my new Scope.
Bob

[Grousemore]

I wonder which Bins/Scopes are worth buying from the USA;in my experience the major brands are cheaper in the UK,even allowing for the " weak' Dollar.

[digi-birder]

When I was changing my camera from the 995 to the G3, I almost bought one from the USA, bearing in mind that the duty on digital cameras is 0% (and I've just checked and it's still zero). The reason I changed my mind was that I wondered what I would do if it needed returning due to a fault or something. When I added up the total cost of importing the camera, even taking into account the zero duty, I was no better off. The shipping costs that some retailers were charging also put me off. In one case it came to around £70.

In the end I managed to get almost as good a deal by negotiating a price-match at Jessops, saving over £100 on their normal price.