Hi everyone, hope you are all having a good holiday period.
I’m wondering if anybody on here has experience/knowledge of exporting/importing a signed item (in this case, a signed print) from the USA to the UK, please?
The item is on eBay and will be shipped via their Global Shipping Program, which also collects import fees, etc., to save the hassle of paying for them at this end. However, whilst the seller and I continue to haggle over the purchase price, the estimated total cost that eBay quotes to me fluctuates all over the place, so I’m finding it difficult to pin down exactly what the total cost to me is going to be.
Online customs information suggests that I’m liable for VAT at 20%, but eBay have estimated import fees at c.50% total fees, though this could be the result of a faulty algorithm which is quoting based upon the seller’s Buy It Now price rather than what we’ve haggled the purchase price down to (c. $1000).
Any help gratefully received and/or advice about how the seller and I might be able to arrange the purchase in such a way that they maximise what they keep and I limit my customs liability.
Many thanks!