new business, importing from HK whats the regulation on VAT and TAX

[Yastronics]

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ive just started a new business dropshipping electronics from HK.

Im really confused about VAT and TAX which needs to be payed at import destination.
Ive been told that my customer is responsible for customs and TAX but i will be responsible for VAT if im registered.

Is there ant way i can reduce the amount payed??

This has really consfused me
As we dont hold any physical stock im sure we are NOT responsible for import tax??? please some body verify.

[moredial]

Electronics has its very own section in VAT. It is one of the highest tax fraud market segments, so expect regular inspections.

There are some really helpful people at the HM Customs help desks and you will probably be able to speak to the one who specialises in your market segment who will be able to talk you through all the steps and checks you need to have in place. Before you phone, look through the documents on the site and find the reference number which is closest to your market segment as that will help to find the best advice quickly.

Don't get too tied up in trying to reduce the amount you pay - you will probably find that your tax inspector will be helping you claim for things you did not know you can claim for. After all, they are there to help you pay the correct tax, not to over charge you. Forget the image you may have about tax inspectors: they really are there to HELP you - that is what they are paid to do.