International Trading | The Basics — ChamberCustoms | Customs Clearance Agents, Customs Training & Customs Consultants

International Trading | The Basics

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What handling fees are there for importing goods beyond customs duties?

The essential elements of calculating the value of your goods are:

  • The value of the goods

  • The transport to the UK

  • The insurance

  • The incidentals in the UK

  • Handling at port

  • Inspections

  • Demurrage/Storage

  • Customs Brokerage

  • The delivery to the final destination.

You can calculate your UK import duties using the ChamberCustoms Duty Calculator here.

The two main costs when importing goods are transport and insurance:

Transport:

The cost of moving the goods from origin to destination plays an important role. However, we must differentiate between international freight and delivery within the UK. 

International freight affects duty and VAT, whilst delivery within the UK only affects the amount of VAT payable. In our avocado example, you would only have to pay duty on the transport from Mexico to Felixstowe, whilst VAT would be expected on the entire trip.

Using a customs broker can help you ensure that you pay duty only where it’s due, rather than on the lump sum of transport from Mexico to Manchester. Why should you use a customs broker? To keep you right with these things. 

Insurance:

It is common to have insurance on international freight. You would be insuring your goods because:

  • The ship that carries your goods could sink

  • Your goods could be lost or stolen

  • After weeks at sea, there might have been a leak, and then your goods might be damaged or rotten

  • Your goods could be spoiled by a pest or a vermin

  • The road vehicle transporting your goods could be stolen or involved in an accident

So, whether you deal with containerised goods or Ro-Ro transport, insurance is good practice for importing businesses. 

Other incidentals that cost money when importing:

BESPOKE CUSTOMS ADVICE

Our team of customs experts have decades of operational experience in all aspects of customs. As well as advising clients we are also called on by government departments for our expertise in helping develop policies that will work for business.

A CUstoms broker near you

The ChamberCustoms network is never far from you with over 40 locations across the UK, from Inverness in the north to Dorset in the South. We operate in every country of the UK and we’re directly connected to all air, sea, ro-ro and rail port inventory systems.