Post 5 made on Tuesday January 13, 2009 at 12:57 |
Clockworks Long Time Member |
Joined: Posts: | August 2002 131 |
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Importing from the USA doesn't really make sense at the current exchange rate of around £1 = $1.50.
Many American companies like to use Fedex or UPS, whose charges are outrageous - maybe $50. US Postal Service is just as good, and much cheaper. There's VAT (sales tax) to pay at 15% on the total price, including shipping. Possibly import duty at around 3% as well.
There's also the carrier's "handling charge" of £8 to £15, which they charge for collecting the VAT from you and passing it to the Tax Man.
If you pay by credit card, there'll also be a commission fee for paying in dollars. This is normally hidden by the card provider offering a worse exchange rate that the quoted rates - another 2% or so.
It could end up costing £330 - same as the UK price.
I've bought many items from the USA, and it was worth doing when Sterling was around $1.90, the seller used USPS, and was OK with declaring the item as a gift worth less than £36.
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