Importing clothing from Singapore
Hi All,
just trying to get my head round all this importing costs so i can include in my costs. Basically I am not VAT Reg, I am self employed and I am looking to import 26 items of clothing from Singapore. I have found out that I am paying 12% duty on my goods and delivery and then adding VAT at 17.5% on top of everything. So I have worked out my costs the courier company will be Express post. How do I pay the duty and VAT? will express post request the duty and VAT when my package is delivered to me or do i have to pay whilst its at customs? Do i need to give my supplier any information to make the delivery easier? i know my costs just wondering How I pay?
Also does anyone know about a traders reference form that a non VAT registered business has to apply for?
Thanks for any info.