New ChamberCustoms UK Import Tax Calculator for international trade

New ChamberCustoms UK Import Tax Calculator for international trade

This UK import tax calculator, developed by the experts at ChamberCustoms and Exabler is quick, easy and free to use.

It can work out the different rates of duty available to your business when importing goods.

ChamberCustoms wants to help traders keep trading, simplifying tasks as much as possible. As a starting point, you can use our calculator to quickly work out what needs to be paid to HMRC.

Now that the UK has left the EU Common Market, any goods coming from abroad will most likely attract duty and VAT. This fact concerns traders, businesses and private individuals buying goods from other countries. When comparing prices, you will now need to factor in import taxes.

We believe our calculator can assist anyone importing goods, from a one-man-band to a large corporation. So, whether you are a UK import business, a UK small business, a UK large business or a private individual, we hope you can benefit from our calculator.

Please note that this calculator only understands the duties payable in the UK. It’s not going to help you work out what duty may be expected in a foreign country to import goods from the UK into other countries.

 

How does this customs duty calculator for the UK work?

Step 1. Firstly, we recommend that you consult the HMRC Tariff to ensure you select the correct Commodity Code for the goods you are importing. You’ll find the tariff on HMRC’s Trade Tariff HERE. Using the example of Avocados from Mexico, you would find that the commodity code is 08044000.

Input the correct commodity code (‘classification’ or ‘HS Code’) in the calculator.

Step 2. Next, you need to select the origin of the goods, i.e. Mexico in our example. The calculator will now require that you provide the value of the goods delivered to the United Kingdom.

Step 3. The calculator is now able to work out the different rates of duty available to you.

In our example, the ChamberCustoms calculator would tell you that there is a preferential rate of 0% for Mexico together with the other rates of duty available for non-originating products.

Assuming the information you provided is correct, and the required supporting documentation is available, the calculator will provide you with an estimated calculation of the duty payable.

Click here to use the UK Import Tax Calculator

 

With our direct links to HMRC Customs handling system and inventory linked ports, we can ensure that your goods, no matter where they enter or leave the UK, will be cleared for onward transportation smoothly and swiftly.

Click here to find out more and enquire about our customs declaration services.

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