HMRC Guidance: How to value goods for import VAT

Find out how to value your goods to help when working out the VAT due when importing goods into the UK.

Contents

1. Goods with a reduced valuation
2. What happens next

To help you calculate the VAT due on goods you’ve imported to the UK, you must work out their value and add it to box 22 of your import declaration.

To work out the value, you need to add together:

• all charges payable on importation into the UK, such as Customs Duty or levy and Excise Duty (do not include the VAT itself)
• the cost of any incidental expenses (find out how to work out incidental expenses)

You’ll then need to add the total to the customs value of your goods.

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