Import Duty from Australia to UK Calculator

Product Value (£) Shipping Cost (£) Customs Duty Rate (%) VAT Rate (%) Calculated Import Duty (£) Total Cost After Duty and VAT (£)

function calculateImportDuty(){ const productValue = parseFloat(document.getElementById(“productValue”).value); const shippingCost = parseFloat(document.getElementById(“shippingCost”).value); const customsDutyRate = parseFloat(document.getElementById(“customsDutyRate”).value) / 100; const vatRate = parseFloat(document.getElementById(“vatRate”).value) / 100; if(isNaN(productValue) || isNaN(shippingCost) || isNaN(customsDutyRate) || isNaN(vatRate) || productValue el.value = “”); }

This import duty calculator helps you estimate the total cost of importing goods from Australia to the UK by factoring in product value, shipping cost, customs duty, and VAT.

How Import Duty is Calculated

The import duty is calculated by applying the customs duty rate to the total value of the product, which includes the product’s value and shipping costs.

Example Calculation

If the product value is £1,000, shipping cost is £200, the customs duty rate is 5%, and the VAT rate is 20%, the import duty would be £60, and the total cost after duty and VAT would be £1,320.

Why It Matters

Understanding the import duty is crucial for accurately budgeting your costs when shipping items internationally.

FAQs

What is import duty? Import duty is a tax applied to goods entering a country, and it is based on the customs value of the goods.

Do I need to pay VAT? Yes, in addition to import duty, VAT is charged on the total cost of goods including the duty.

Import Duty from Australia to Uk Calculator

Import Duty from Australia to UK Calculator