August 19, 2010

Customs Duty and Import VAT Reliefs for Charities

Many charities import goods into the UK and can pay a significant amount of Customs Duty, which is a sticking cost, and import VAT that cannot be recovered if the goods are used by the charity in generating exempt or non-business income.
However, there are a range of reliefs that are available to charities which can enable them to mitigate the Import VAT or Customs Duty incurred on goods purchased from outside the EU.

If you are intending to import goods from outside the EU, or have imported goods and have incurred Import VAT and Customs Duty, please feel free to contact us so that one of our Customs specialists can discuss the potential opportunities further with you.

Elysian Associates
July 2010

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