Recent content by kayenta

  1. K

    0% VAT FOR EU NUMBER HOLDERS

    The above is not completely correct. You do not need to claim back the VAT because you do not need to pay it in the first place if you are a UK VAT registered business. You give your Polish supplier your VAT number they show it on their sales invoice to you and that allows them to zero rate the...
  2. K

    Large DTHC levied at destination port

    To say my reply is dishonest & fraudulent is just ridiculous and you are doing the classic case of 'shooting the messenger' because you did not get the answer you wanted. Again you are not comparing like with like, I said you cannot use the FCL THC as a comparison against LCL costs because of...
  3. K

    Large DTHC levied at destination port

    You need to pay the money due quickly to avoid incurring storage. Then you need to learn your lesson and you should have studied the numerous threads on here about not shipping in this way. Given the amount of times that advice is given on this forum about using a UK Freight Forwarder to avoid...
  4. K

    Exporting to the US

    Hi The simple answer is that you do not want to have any responsibility for UK tax or company legalities.The way to do this as a new small business would be to have a UK company as your agent & have them work for you on a pay as you use basis. That way you process their costs/invoices through...
  5. K

    Exporting from the UK into China - please advice

    Hello Alberlara I think Ron & Darren have answered your two main questions so i will answer the another one We are at at the other end of the A52 in Derby so only 20 minutes away from you in Nottingham. With you being new to export you may prefer to work through a freight forwarder who...
  6. K

    Import business to business USA to UK & VAT

    We already handle a shipment very similar to this for one of our UK importers: Take the USA Ex Works value + Freight cost up to arrival UK port + Marine Insurance then your import duty is calculated as a percentage of this figure & the rate of duty depends on the customs tariff number for your...
  7. K

    Terms of payment for supply of imported goods

    IMO i would handle this in a more hands on way.Dont bother with an L/C with your supplier.You could possibly waste more time & bank costs than its worth and with a quick transit time if the documents are not processed promptly you could get storage costs at the port of arrival in UK.Jump on a...
  8. K

    CIF Vs FOB

    If you buy CIF the Chinese forwarder is working for your supplier not for you. Often they will pay your supplier a 'fee' to handle the shipment & this is then recovered from you in the form of 'non-authentic' costs. This fee can be anything between £30 & £ 500 depending how big the shipment...
  9. K

    Container costs from USA to UK

    Hello There are a few questions you will need to consider Are you a VAT registered company because you will be liable to pay 20% import VAT and to claim this back you need to be registered. Have you got an EORI number if not you need to apply for one. You need the customs tariff number for the...
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