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Import duty & taxes for importing Bait boat and fish finder

Import duty & tax rates

DutyCalculator users have classified Bait boat and fish finder as Fishing -> Fish Finders (Sonar). Change this. Based on this classification, the import duty rate for importing a Bait boat and fish finder into United Kingdom is 3.7%. The import VAT rate for a Bait boat and fish finder is 20%.

Calculation example

The actual import duty & taxes due are determined by the value of the product and the cost of importing. Here is an example calculation for import duty & taxes for importing a Bait boat and fish finder into United Kingdom from China:

Product value: £1270.20
Shipping costs: £121.21
Insurance costs: £0.31
Total import value: £1391.72
Import duty @ 3.7%: £51.49
Import VAT @ 20%: £288.64
Total import duty & VAT: £340.14
Last updated: 23 May 2013 21:49