New $800 Customs Threshold for USA Helps UK Exports
Did you know that from 10th March 2016 a change in US law means that any shipment under the value of $800 (currently approx £560) will not be subject to duties and taxes. This has been increased from the previous limit of $200.
We are already seeing an increase in UK to US parcels as savvy US buyers take advantage of the savings they can make. In fact, many of our UK exporters are saying that US customers can receive items for less than a UK customer as the UK customers need to pay VAT at 20%. The US shipping is more expensive than within the UK but the great prices offered by Super Postie mean that the US customers make a saving!
There are also cost savings for UK businesses as red tape and paperwork is minimised making the whole shipping process simpler!
"Approx 35% of SME exporters ship to the US, this new threshold should make UK products more attractive to American buyers and help UK exporters increase sales and the American buyer save money, it's a win-win on both sides of the pond!"
Danny Page - superpostie.co.uk
It should be noted that some products may still be subject to duty, for example Alcohol, Tobacco, Firearms and Explosives.
If you want to take advantage of this and get some great prices on US parcels get in touch with Super Postie today!
Keep up-to-date with all the latest news