Tax Tariff in United Kingdom On E-Commerce Transactions

Commerce through the Internet has gained wide popularity among consumers within the United Kingdom (UK). The category of tax tariffs includes inter alia import duties, such as custom duties, excise duties and Value Added Tax (VAT). Most of the goods arriving in the UK from outside the European Union (EU) Member States, for example, are liable for import duties. However, there is no customs duty on the goods bought from countries within the EU through the Internet.

The following questions have been addressed in this article:

How is the Custom duty imposed on e-commerce transactions?
How the Excise duty is imposed on the goods sold over the Internet?
What goods are exempted from import duties in UK?
How the custom duty is collected on the goods purchased over the Internet?

Continue...

Facebook Twitter RSS