Feeds

HM Customs warns of e-Xmas duty

Confused? Don't be

Build a business case: developing custom apps

With boffins predicting another bumper e-Xmas, officials in the UK are advising shoppers that they face import taxes and VAT if they buy pressies from overseas.

HM Revenue & Customs (HMRC) has rather thoughtfully warned e-shoppers that buying goods that originate from outside the EU could land them with more than they'd bargained for.

That's because goods purchased over the net from countries such as the US are liable for Customs import duty (if the amount of duty is £7 and over) and VAT (if the value of the goods is £18 and over).

And it doesn't matter whether the goods are received as a gift, are new or used, or are part of a private sale. If the tax is payable then HM Customs will be after their slice.

Customs Anti-Smuggling bod Phil Colclough said the warning was meant to help e-shoppers "avoid any confusion about what tax they need to pay".

"Many people often don't realise that they have to pay charges on purchases delivered from overseas. We don't want to put people off internet shopping, where there are undoubtedly bargains to be found.

"However, we do want to make sure that online shoppers are quite clear about the full costs involved, and that there are no unpleasant surprises when the postman knocks at the door," he said Which is why HMRC added: "Don't let parcels cost you a packet." Geddit? Don't let parcels cost you a packet? Parcels. Packet. Oh, please yourself. ®

5 things you didn’t know about cloud backup

More from The Register

next story
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.