Hi everyone,

My business is Wren Elite trading as Wren Elite Travel, an internet based travel agency business.

I am looking to start a new business importing and selling beautiful women's accessories and handbags into the UK but need some advice on import duties and taxes.

I have been looking at the Business Link website at tariffs etc which makes a lot more sense than the advice on the HRMC website (!), but it still doesn't  really make it easy to work out what might end up added on in duties and taxes to a package of imported goods.

For example, if I was to order £250 worth of goods, I understand I would pay VAT rate (and I am a VAT registered business), but then what other costs might be applied? It is very difficult to work out where some products fit into the Customs Tariff, such as a silk handbag.

Also, I cannot fathom if it is more worthwhile to look for a wholesaler in the UK already importing the kinds of products I like, or whether it makes more sense to import directly and get exactly what I want?

The countries that make the products I'm most interested in include Cambodia, Vietnam and China.

I suppose what I want is a method of checking what my costs would be before committing to buy, so I can work out how easily or not I could make a profit in the UK on the goods.

Thanks for any help offered.

Hi! i've been importing to u.k for quite a while.and if u r a vat regd. company,ur best option wd be to import the goods urself for reasons of selective purchase,global links and better profitability and low chance of loss risk as there will be no middlemen present .We are an indian company based in kent and supply to likes of debenhems ,selfridges,claire's etc.

I'm a budget import & Export Trading company in singapore and we handle client to their budget of their requirement.
Your request will be supply as per your budget less then the normal price that you see in your country shop.
From Edmund Lim

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Remark:
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Richard Lin
Cell:008615914388796
Email:leeou1990@hotmail.com


XinHe SmartCard Technology