Does your company test a lot of prototypes throughout the year? Do you get them imported to the UK? Did you know you can get these parts shipped tax-and-duty-free? That is over 20% of added costs saved on each order. In this article, we cover:
You can claim relief on Customs Duty and VAT on goods imported to the UK for any of the following purposes:
Do note that you can’t claim relief if the testing is, or is part of, a sales promotion or publicity exercise.
You should claim relief at the time of import. However, If you did not do this at the time, you may still be eligible for a late claim.
To claim relief, you’ll need to label the imported prototypes:
Working with HLH Rapid — If you intend to claim relief, inform us as soon as you can, we’ll make a note of it and label your prototypes before shipping them out of our facility.
After the testing and examinations end, you must contact the National Imports Reliefs Unit telling them:
If you are a regular user of this relief, you may be exempt from some of the steps above. Contact the National Imports Relief Unit here for more information.
For any products left over as a result of not using them in the tests or those not completely used up (including waste and scrap), you have three options. You can:
Keeping records is a part of any good practice. In this case, it’s a condition. Be sure to keep the records listed below for a minimum of 4 years.
For more information on how we ship your parts and prototypes, contact us at info@hlhrapid.com. Ready to get your prototypes made today? Get a quote here.