The customs declaration for silver must be 9705000000 for the correct rate of 5% VAT to be applied.
My recent orders from Australia’s Bullion Bourse they are describing 100 ounces of silver as ‘paperweight’ with a value of AUD 79 and the VAT I pay is £26.29 plus a £13.50 clearance fee.
On 11th March Fedex delivered my February 12th order from Australia’s Bullion Bourse for 30 SBSS Triviums and I never got the demand for VAT or duty.
On 10th March I have had 3 deliveries for SBSS silver.
The first was my January 1st order from Australia’s Bullion Bourse for Trviums – 3 BUs and 3 Proofs – costing AUD285 (£187) shipped February 7th and customs declared as AUD96 (£64) and the fee was £15.38 VAT – nuts, that’s 25% not 20%.
The second was my January 11th order from USA’s SBSS for 30 Slave Queens costing USD1,011 (£674) shipped February 18th and customs declared as USD380 (£255) and the fees were £49.89 VAT and £9.59 ‘customs’ – nuts, that’s 20% and 3.75%
The third from my January 30th from Australia’s Bullion Bourse for 20 Freedom Girls and 2 Triviums costing AUD792 (£546) shipped February 26th and customs declared as AUD86.42 (£57) and the fee was £14.22 VAT – nuts, that’s 25% not 20%.
And one each of these three I was charged £13.50 clearance fee.
What a right f**king mess.