Wednesday, September 23, 2009

Taxed to the hilt

This...

is why it is no longer economic for us in the UK to order small ham radio accessories from the USA.

Look closely. The declared value is $30. The VAT is £2.72 - roughly $4.50, or 15% of the value. No problem there. But then there is the Royal Mail International Handling Fee, which is £8.00 ($13.20). So this $30 item ended up costing nearly $50, because we're charged three times the cost of the tax for the privilege of having it collected from us!

It's legalized robbery, isn't it?
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