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hitower2 · 10 August 2010, 03:58 AM

Hello all. anyone have any idea what i would be charged all in for a purchase of a watch from us to uk for around $5000 . close estima

te would be fine . many thanks

RRGHOST1 · 10 August 2010, 04:16 AM

This is the reason i think many dont buy from the US as nobody wants to pay alot of import fees.

Alessi156 · 10 August 2010, 04:36 AM

If I remember correctly the duty isn't actually that much on a used watch, it's the VAT that really makes it expensive. On a $5,000 watch the VAT should be about $750.

jdc · 10 August 2010, 04:44 AM

add 20% to purchase price to cover VAT, import tax, carrier handling charges & with exchange rates the way they are not such a great deal

Stebinners · 10 August 2010, 05:10 AM

think you will liable for 17.5% VAT on purchase price so on a $5000 watch about £560

however just wear it back on your wrist...

MartC · 10 August 2010, 05:26 AM

I've been looking into this myself lately, and it's not an easy thing to find on the net.

Took me a while and found this. You need the standard duty rate which is currently 4.5% For watches, then add VAT

http://customs.hmrc.gov.uk/channelsP...CE_PROD_009989

hitower2 · 10 August 2010, 06:07 PM

many thanks for replys very helpfull

.

newsboy · 11 August 2010, 04:57 AM

Speak to Davidsw mad ea few purchases from him i'm in the Uk too

topcat30093 · 11 August 2010, 01:39 PM

I had a piece come into the country about 5 months ago.
The duty was something like 72p (part of an old tradition when trading with the USA) and then it's 17.5% on the total price.

bodybump · 11 August 2010, 01:59 PM

Its very tricky..if decalred low and shipped properly you will end up paying nothing..

inspires · 11 August 2010, 02:01 PM

There are ways around it, not guaranteed, but there are ways...

10 August 2010, 03:58 AM	#1
hitower2 "TRF" Member Join Date: Jan 2008 Location: wirral uk Posts: 54	Customs duty uk Hello all. anyone have any idea what i would be charged all in for a purchase of a watch from us to uk for around $5000 . close estimate would be fine . many thanks

10 August 2010, 06:07 PM	#7
hitower2 "TRF" Member Join Date: Jan 2008 Location: wirral uk Posts: 54	many thanks for replys very helpfull. Last edited by hitower2; 10 August 2010 at 06:09 PM.. Reason: miss spelt

11 August 2010, 01:39 PM	#9
topcat30093 "TRF" Member Join Date: Jan 2008 Real Name: Tony Location: England Posts: 5,425	I had a piece come into the country about 5 months ago. The duty was something like 72p (part of an old tradition when trading with the USA) and then it's 17.5% on the total price. __________________

11 August 2010, 01:59 PM	#10
bodybump ⭐⭐⭐⭐⭐⭐ 2024 DATEJUST41 Sponsor & Boutique Seller Join Date: Sep 2008 Real Name: Oscar Location: Florida Watch: Me!!! Posts: 23,225	Its very tricky..if decalred low and shipped properly you will end up paying nothing.. __________________

11 August 2010, 02:01 PM	#11
inspires "TRF" Member Join Date: Aug 2008 Real Name: Eric Location: Hong Kong Watch: 1665 Posts: 1,495	There are ways around it, not guaranteed, but there are ways... __________________ _____________ All GREEN

10 August 2010, 04:16 AM	#2
RRGHOST1 "TRF" Member Join Date: Dec 2009 Real Name: luke standing Location: england Watch: Rolex TT SubC Blue Posts: 3,911	This is the reason i think many dont buy from the US as nobody wants to pay alot of import fees.

10 August 2010, 04:36 AM	#3
Alessi156 "TRF" Member Join Date: Jun 2010 Location: Los/Lon Posts: 116	If I remember correctly the duty isn't actually that much on a used watch, it's the VAT that really makes it expensive. On a $5,000 watch the VAT should be about $750.

10 August 2010, 04:44 AM	#4
jdc "TRF" Member Join Date: Jan 2008 Real Name: Martin Location: UK Posts: 7,023	add 20% to purchase price to cover VAT, import tax, carrier handling charges & with exchange rates the way they are not such a great deal

10 August 2010, 05:10 AM	#5
Stebinners "TRF" Member Join Date: Sep 2008 Real Name: Stephen Location: Warrington, UK Watch: Submariner 16610 Posts: 142	think you will liable for 17.5% VAT on purchase price so on a $5000 watch about £560 however just wear it back on your wrist...

10 August 2010, 05:26 AM	#6
MartC "TRF" Member Join Date: Aug 2010 Real Name: Martin Location: Hertfordshire UK Watch: Platinum YM Posts: 32	I've been looking into this myself lately, and it's not an easy thing to find on the net. Took me a while and found this. You need the standard duty rate which is currently 4.5% For watches, then add VAT http://customs.hmrc.gov.uk/channelsP...CE_PROD_009989

11 August 2010, 04:57 AM	#8
newsboy "TRF" Member Join Date: Jan 2009 Location: UK Watch: SS White Daytona Posts: 1,060	Speak to Davidsw mad ea few purchases from him i'm in the Uk too

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