[Elecraft] VAT import thresholds are not being relaxed in December
David Cutter
d.cutter at ntlworld.com
Sun Nov 23 07:03:47 EST 2008
I keep misunderstanding the difference between import tax and VAT. I
"thought" that kits were absolved of one but not the other. Perhaps you
could clarify.
David
G3UNA
> Earlier in the year, there were reports on this list that the minimum
> import value, below which VAT (and therefore the carrier's import
> processing charge) are waived, was being raised from (when converted to
> GBP) it was GBP 105, rather than GBP 18 (EUR 150 and 22, respectively).
>
> Unfortunately, that was a misunderstanding. What is actually being raised
> is a limit for customs duty purposes. Elecraft kits, at least, do not
> attract customs duty, so the result is that there is no change.
>
> Further details can be found in this HM Revenue and Customs document:
>
> Changes to the de minimis limits to Customs duty for goods imported by
> post (Acrobat PDF, 18KB)
> <http://customs.hmrc.gov.uk/channelsPortalWebApp/downloadFile?contentID=HMCE_PROD1_028770>
>
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