Thread: Trade war
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Old Aug 20, 2004 | 09:14 AM
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Aardvark's Avatar
Aardvark
Joined: Aug 2004
Posts: 52
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From: South Bucks
Default Trade war

Ladies and gentlemen,

I am merely passing on some information that has recently come into my possession (via an intermediary) from Her Majesty's Customs and Excise.

There is currently a trade war going on between the US and Europe. If I were to purchase something from the US off the web and it arrived during this month (August) I would be liable for import duty, plus VAT @ 17.5%, plus a punitive 10%. That 10% will become 11 in September, 12 in October, and so on until someone backs down on whatever issue it is the children are squabbling over. I have no details of the reciprocal arrangement.

Something to bear in mind if you're thinking of buying trans-Atlantic bits for your XFire.
 
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