Value Added Tax (VAT) - Import VAT is charged at the same rate that applies to similar goods sold in the UK and applies to
commercial goods over £15 in value, and on gifts that are over £36 in value. However, please note that commercial consignments sent to the UK from the Channel Islands do not benefit from any relief of import VAT. The value of the goods for import VAT is based on the:
- basic value of goods, plus
- postage, packing and insurance, plus
- any import (Customs or Excise) duties charged
As with customs duty, the cost of postage is excluded from the calculation for VAT on
gifts except where the sender has used the Express Mail Service (EMS) as opposed to a standard mail service.