Understand your tax obligations when importing or exporting

6 Nov

Understanding import duty and associated taxes is essential to making international trade commercially viable.This tool helps individuals new to international trade understand the basics of import duty, import VAT and general VAT charging for a specific transaction. It works for UK-based buyers and sellers and, by answering a few simple questions about the transaction, you’ll get a synopsis of each party’s tax and duty responsibilities along with links to more detailed information and additional resources.

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