So, I'm thinking about buying a tennis bracelet in NYC, but looking at benefits of buying in the UK vs USA including value.
To compare prices fairly, I've been looking at import taxes, and if I've understood it correctly, if we buy a piece in the USA, we need to declare it on the way back, and we'll pay 2.5% import duty and 17.5% tax
It got me thinking - If they can stop you and want proof about the new item, should we also be travelling with proof that the other jewellery it is stored with / I am wearing is not newly purchased? Or other valuables such as Apple watch / ipad etc.
I've just followed the herds of people through the green channel and never declared anything going through customs before (don't think we've bought anything that would count before), so not sure how it works in reality, and how full on it is!!
To compare prices fairly, I've been looking at import taxes, and if I've understood it correctly, if we buy a piece in the USA, we need to declare it on the way back, and we'll pay 2.5% import duty and 17.5% tax
It got me thinking - If they can stop you and want proof about the new item, should we also be travelling with proof that the other jewellery it is stored with / I am wearing is not newly purchased? Or other valuables such as Apple watch / ipad etc.
I've just followed the herds of people through the green channel and never declared anything going through customs before (don't think we've bought anything that would count before), so not sure how it works in reality, and how full on it is!!