Was just trying to work out the HMRC uptake per stick we buy.
So taking say a more expensive stick like the CoRo at ?24.99 from our sponsor which weighs in at 11.66gr
Duty rate is fixed at ?259.44/kg = 25.944p/g
?20.825 before vat (VAT=?4.165)?3.02 duty (on weight)?17.80
So on a ?24.99 cigar HMRC makes ?7.18
a box of 25 sticks, ?180
Have i missed anything?
Oh and UK imports must come through H&F so there's an extra layer for us.
B.
So taking say a more expensive stick like the CoRo at ?24.99 from our sponsor which weighs in at 11.66gr
Duty rate is fixed at ?259.44/kg = 25.944p/g
?20.825 before vat (VAT=?4.165)?3.02 duty (on weight)?17.80
So on a ?24.99 cigar HMRC makes ?7.18
a box of 25 sticks, ?180
Have i missed anything?
Oh and UK imports must come through H&F so there's an extra layer for us.
B.
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