Are there taxes from items purchased in the UK?


Hi guys,

I was thinking of purchasing some speakers from the UK since the dollar-pound exchange rate has become favorable over the past couple of months. Are there any duty taxes, custom taxes, etc that I need to factor in before deciding on purchasing the speakers and having them shipped to the US?

Thanks.

- Doc_stereo
doc_stereo

Showing 1 response by buconero117

I buy on a regular basis from the UK, Scotland to be exact since it is closer shipping wise to the US. I buy only UK manufactured products. Since the price you pay is less VAT, now 17.5%, the rest of the issues shipping/insurance, credit card fee for foreign exchange and brokerage about 3% need to be less then a US purchase. On the last purchase, made about nine months ago I saved about 10%. The final issue is warranty, which depending on the product, may or may not be honored by the USA distributor. Packing is also an issue, but if the dealer double boxes you should be okay. Also, if you were going to buy in the uSA you will be paying sales tax and maybe shipping. I will soon make another purchase once the pound get to 1.30.

In the eighties, when the pound was a parity, I purchased many CD's, which when landed, were half the cost of USA product. I still buy cd's from Amazon UK.