Let me add that the reason I don’t want to pay those extra taxes nor do I want my friends to is because governments are incompetent crooks. Screw em. Take care of security (both domestic and international) and infrastructure then leave the rest to us. A small sales tax should cover it all easily and allow for a surplus. Local, state, and federal governments should be reduced by 50% and should be part time with many volunteer jobs.
Its funny as i was going to ask about import fees as well.
I am trying to win an item that will be sent via ebay global tracking. so i have to pay the import fees up front, i would rather not pay import fees but i dont mind paying them.
my question is i bidded 355 and the import fees are coming out at 177 dollars to thats nearly 50% import fees plus postage on top of my item surely this import figure is wrong?
Someone can let me know if I’m misunderstanding something. I believe you’re from the UK so that’s what I will base this onwww.gov.uk/goods-sent-from-abroad/tax-and-duty
When importing goods outside the EU, you have to pay both a Customs fee and a value-added tax (VAT). Based on that website, you have to pay a 2.5% Customs fee on the price of the card + the cost of shipping + the cost of insurance. So if you buy a $100 card that costs $20 to ship insured, you’re actually paying an extra $3 or 3% of the final price of the item. The VAT is an extra 20% of the value of the card + shipping + insurance + customs fee.
I also believe the GSP includes the cost of shipping in the $177 here.
But according to my math, the shipping cost + insurance would need to be about $78 for this to make sense:Customs = (355 +78) * 0.025 = $10.82VAT = (355 +78 + Customs) * 0.2 = $88.77GSP total = shipping + insurance + customs + vat = $177.59
Either way, at $50 shipping + insurance it would cost about $143.15 in GSP so $177 doesn’t seem far off
EU tax area:
Under 22€ no custom duties, from 22€ to 150€ no custom duties, but vat is payable ( in Finland 24%) and if total value off your order is more than 150€ you will need to pay custom duties+vat+extra 10% for playing cards (even they are collectibles ) vat% is something your coverment have settle and custom duties % have been settle by EU I believe. I’m not sure how gsp is calculating those, somethimes they feel accurate somethimes not. 1€= 1,1…usd
Hope this helps.
I have never have had to ask sellers to mark down the value and usually the parcels arrive with $10 declared value or gift. Which of course I am greatful for but don’t expect
I just assumed if I get hit with a customs fee in future, I’ll just pay it and take it on the chin.
I don’t spend usually spend insane amounts of money for psa cards overseas, usually the most I will spend overseas is $150 AUD.
Other than then ebay import tax (GST) which is usually something like $6-12 from memory, I haven’t ran into any high customs import charges yet.