Posted 08/19/2013 11:27 pm
When shipping coins from one country to another, there are two things to consider: the export laws of the country of origin, and the import laws of the destination country. You need to make sure you comply with both.
In this case, as far as I am aware, there are no restrictions on exporting coins from South Africa.
For British import, the thing you have to worry about most is import tax. As I interpret the current regulations, items you yourself have bought and own you can import with you when you travel, tax-free, up to a value of £390. If your coins are valued at more than this, you'll have to declare them on arrival and pay an import duty: 2.5% of the value of the item, plus VAT. Note that if you're paying someone else to be courier for you, that's considered a commercial arrangement, not personal, so they can't claim the £390 tax-free threshold on your behalf; they'll have to declare and pay tax, no matter the value.
In this case, as far as I am aware, there are no restrictions on exporting coins from South Africa.
For British import, the thing you have to worry about most is import tax. As I interpret the current regulations, items you yourself have bought and own you can import with you when you travel, tax-free, up to a value of £390. If your coins are valued at more than this, you'll have to declare them on arrival and pay an import duty: 2.5% of the value of the item, plus VAT. Note that if you're paying someone else to be courier for you, that's considered a commercial arrangement, not personal, so they can't claim the £390 tax-free threshold on your behalf; they'll have to declare and pay tax, no matter the value.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
