United Kingdom
Customs exchange rate in United Kingdom
Customs exchange rate
HMRC publishes monthly customs exchange rates (currency units per £1) that must be used to convert foreign-currency values for customs duty and import VAT. LandedGrid ingests the official monthly file and applies the rate for the calendar month of the calculation date.
Applicable date: Calendar month of the declaration (HMRC monthly period rate).
No official customs exchange-rate dataset is active for United Kingdom.
What LandedGrid does not calculate for this destination
- quotas: First-come-first-served quota balances are checked per request with a 24-hour cache. Licence-managed or unavailable balances remain unresolved; in-quota rates are conditional on allocation.
- excise: Excise duty measures are read from the UK Trade Tariff where present; rates that depend on alcoholic strength or product composition are flagged for review rather than calculated.
- regulatory: Import control measures attached to the commodity in the UK Trade Tariff are listed. Product safety, labelling and sector rules outside the tariff are not covered.
- Northern Ireland (Windsor Framework) movements are not modelled; results are for Great Britain imports.
- Import VAT rate is read per commodity from the HMRC Trade Tariff API at calculation time and cached for 24 hours.