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Showing results for tags 'tax'.
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We're a new label and with all the bumps and usual obstacles we recently learned a valuable lesson, steeped in our naivete of course. We worked a deal with another label in the UK that they would take a fair share of our release in trade for theirs to offer them on both sides of the pond at the lowest cost possible in light of the shipping gouges. When the boxes arrived, customs in the UK slathered on some outrageous Customs/VAT charges that equalled the shipping. We did—apparently foolishly—declare a reduced value to get some compensation if they were lost, but no money changed hands, nothing was sold, etc… they basically took the value, PLUS what we paid in shipping to our post office to arrive at a total…to tax again. Basically taxing the reciever for money we paid. I know we obviously went about something wrong, but we're looking for advice and tips on SOP and best practice to get aorund this. It can't be uncommon for labels to swap goods. I've been told we should have just labled the value at $1 and been done with it, but I'm not sure how 3 boxes, of anything, with a stated value of a couple bucks wouldn't arose suspicion. Live and learn of course, but looking for advice or guidance regardless since we've had other inquiries in acquiring our next releases. Thanks for the time … skewer away! Cheers, Kevin