United Kingdom
Customs value in United Kingdom
Customs valuation
CIF-type basis — transport and insurance to the border are included
Transaction value (Method 1): the price paid or payable, adjusted to include transport, insurance, loading and handling costs up to the place of introduction into the UK, plus statutory additions.
Taxation (Cross-border Trade) Act 2018, s.16; Customs (Import Duty) (EU Exit) Regulations 2018 · HM Revenue & Customs
Under this basis the invoice is only the starting point. LandedGrid uses your Incoterm to decide which transport costs are inside the price, then adds or removes them, and adds packing, selling commissions, assists and royalties where you report them. If the sale is between related parties or there is no sale, the transaction value method may not be available and the calculation stops at “valuation review required”.
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.