SubProfit: Taxation and Duties: Import from Poland (EU) to UK

SubProfit. The Ultimate Guide to Financial Freedom. The Key to Building Financial Freedom. How to achieve financial freedom

Taxation and Duties: Import from Poland (EU) to UK

When importing goods from Poland to the UK, there are a number of taxes and duties that may be payable. These include:

  • Value Added Tax (VAT): VAT is a consumption tax that is applied to most goods and services sold in the UK. The standard rate of VAT is 20%, but there are reduced rates for some goods, such as books and food.
  • Excise duties: Excise duties are taxes that are applied to specific goods, such as alcohol, tobacco, and fuel. The rates of excise duty vary depending on the type of good.
  • Import duty: Import duty is a tax that is applied to goods that are imported into the UK from outside the EU. The rates of import duty vary depending on the type of good and the country of origin.

In addition to these taxes and duties, there may also be other levies or taxes that are payable, such as customs clearance fees. The exact amount of tax and duty that is payable will depend on the specific goods that are being imported.

Calculating VAT on imported goods

The amount of VAT that is payable on imported goods is calculated on the customs value of the goods. The customs value is the price that the goods would have been sold for if they had been sold in the UK.

For example, if you import a product from Poland that has a customs value of £100, the amount of VAT that is payable is £20 (20% of £100).

Calculating excise duty on imported goods

The amount of excise duty that is payable on imported goods is calculated on the net weight of the goods. The net weight is the weight of the goods after any packaging has been removed.

For example, if you import a bottle of vodka from Poland that has a net weight of 700ml, the amount of excise duty that is payable is £14.25 (£20.25 per litre * 0.7 litres).

Calculating import duty on imported goods

The amount of import duty that is payable on imported goods is calculated on the customs value of the goods and the origin of the goods.

For goods that are imported from the EU, the rate of import duty is zero. However, for goods that are imported from outside the EU, the rate of import duty will vary depending on the type of good and the country of origin.

For example, if you import a car from Japan that has a customs value of £10,000, the amount of import duty that is payable is £1,500 (15% of £10,000).

Clearing goods through customs

When you import goods into the UK, you will need to clear them through customs. This involves providing customs with information about the goods, such as the customs value, the origin of the goods, and the type of goods.

You can clear goods through customs yourself or you can use a customs agent to do it for you. If you clear goods through customs yourself, you will need to complete a customs declaration form.

Conclusion

When importing goods from Poland to the UK, it is important to be aware of the taxes and duties that may be payable. By understanding these taxes and duties, you can ensure that you are paying the correct amount of tax and that you are not breaking any laws.

I hope this article has been helpful. If you have any further questions, please do not hesitate to ask: connect@subprofit.com


SubProfit: Profitable solutions for business. Products, materials, articles

We are a B2B broker supplying products, articles, materials, and raw materials to clients in Western and Northern Europe. Our suppliers are manufacturers and distributors from Poland and Central Europe. Our main product range includes FMCG items, food & beverages, household products, personal care & cosmetics, vegetplant-based raw materials, packaging materials, paper and more. We source also fresh fruits and vegetables, mushrooms, as well as processed fruit and vegetable products from trusted manufacturers and distributors. Additionally, we supply a variety of preserved products including dried and frozen fruits and vegetables. For businesses looking to add innovative options to their offerings, we provide lyophilized products and a variety of fruit and vegetable flours.

Our offices are based in Poland and the UK, giving us a strategic advantage in managing our operations across multiple regions. As business experts, we have access to a pool of professionals in all business domains. These experts come with 20 years of experience from various successful companies across different sectors and countries.

At SubProfit, our mission is to help your business flourish. We not only deliver high-quality supplies but also offer innovative and profitable business solutions. Our step-by-step plan is designed to provide the fastest route to creating and growing a profitable business. Trust SubProfit, your partner in achieving successful and sustainable business growth.

Join SubProfit today, and let’s create profitable business solutions together: connect@subprofit.com

SubProfit: Your One-Stop-Shop for Profitable Business Solutions

Welcome to SubProfit – your partner in driving profitable business solutions. We are a dedicated B2B platform, offering a comprehensive selection of products, materials, and articles all designed to help you reach your business objectives.

As business experts with over two decades of experience, our team has cultivated expertise across a multitude of successful companies, domains, and countries. We are well-equipped to provide you with in-depth insights and effective strategies, that can enhance your business performance.

At SubProfit, we understand the unique challenges and opportunities present in the B2B landscape. We provide customized solutions to address your specific business needs and to help you optimize your operations, boost profitability, and build sustainable growth.

Our robust platform connects you with a vast pool of experts in every area of business, providing you with access to a wealth of knowledge and experience. Through SubProfit, you can leverage this expertise to make informed, strategic decisions for your company.

Join SubProfit today, and let’s create profitable business solutions together: connect@subprofit.com


Our main FMCG products

Here is a list of FMCG products:

  • Food:
    • Processed foods: Cereals, snacks, cookies, crackers, chips, frozen foods, canned foods, etc.
    • Fresh foods: Fruits, vegetables, meats, poultry, fish, dairy products, etc.
    • Baked foods: Bread, pastries, cakes, cookies, etc.
    • Dairy products: Cheese, fats, liquid dairy products, milk powders, whey powders
    • Plant-based products: dried powders, legume flours, oils, proteins, starches, sugars
  • Beverages:
    • Soft drinks: Soda, juice, tea, coffee, etc.
    • Non-alcoholic beverages: Water, energy drinks, milk, juice, tea, coffee, etc.
  • Personal care:
    • Toiletries: Soap, shampoo, conditioner, toothpaste, deodorant, etc.
    • Cosmetics: Makeup, skin care products, hair care products, etc.
  • Household products:
    • Cleaning products: Laundry detergent, dish soap, disinfectant, etc.
    • Paper products: Toilet paper, paper towels, napkins, etc.
    • Personal care products: Toiletries, cosmetics, etc.
  • Pet care:
    • Food: Pet food, treats, etc.
    • Supplies: Toys, bedding, litter boxes, etc.

Our main paper products

Here is a list of main paper products (made in EU):

  1. Silicone Release Paper
  2. Gummed Paper
  3. Self-Adhesive Paper
  4. Carbonless Paper
  5. Anti-Slip Paper
  6. Barrier Paper
  7. Gummed Tapes
  8. Silicone Release Film
  9. Self-Adhesive Film
  10. Self-Adhesive Labels
  11. Receipt Paper Rolls
  12. Paper strap
  13. Cardboard Packaging Tape
  14. Reinforced Gummed Tape
  15. Gummed Tapes with Tear-and-Open Strip
  16. Gummed Tapes with Prints
  17. Sack Sealing Tapes for Paper Sacks
  18. Veneer Adhesive for Furniture Production
  19. Edge-Closing Paper for Carton Production
  20. Shopping Paper Bags
  21. Gusset Bags
  22. White Cross Bags with Print
  23. White Gusset Bags
  24. Brown Gusset Bags
  25. White Gusset Bags with Print
  26. Brown Gusset Bags with Print
  27. White Paper Rolls
  28. White Paper Rolls with “Enjoy Your Meal” Print
  29. Coated White Paper Rolls
  30. White Paper in Reams
  31. Paper in Reams
  32. Block Bottom Bags
  33. Sandwich Paper
  34. Reel to Reel Papers
  35. Confectionery Papers
  36. Special Rolls

Each product is designed to meet a specific business need, so don’t hesitate to reach out if you require any assistance or further information.


Sustainability Meets Profitability: Explore SubProfit’s Eco-friendly Paper Materials

At SubProfit, we cater to a diverse range of businesses – from small start-ups to medium-sized enterprises and large corporations. Our comprehensive suite of products and services are also specifically designed to meet the needs of e-commerce businesses, e-commerce logistics, contract logistics, and manufacturing companies.

We understand that each business has unique needs, and we are committed to providing tailored solutions that help drive growth, increase efficiency, and improve overall profitability. No matter the size or nature of your business, SubProfit is here to help you achieve your business objectives.

Join SubProfit today, and let’s create profitable business solutions together: connect@subprofit.com


Subprofit: Profitable Business Solutions. B2B Broker: FMCG, products, materials, articles, raw materials. Sustainability Meets Profitability