Wed, March 10, 2021
Individuals are reminded that postal merchandise, obtained from exterior the UK, can now be topic to import duties.
It comes after Isle of Man Customs and Excise reported a rise in queries since modifications have been launched from January 1, 2021 after Brexit. The modifications embody the cost of customs duties, excise duties and VAT on items from the EU.
The Customs and Excise Division is liable for amassing prices due on items arriving by publish and, if relevant, will ship a letter detailing any cost required. The products is not going to be launched till all taxes and duties have been paid. Charges will be simply paid utilizing authorities on-line providers at https://providers.gov.im.
Additional particulars on customs duties and excise duties can be found at www.gov.im/classes/tax-vat-and-your-money/customs-and-excise.
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