1. Import Duty or Import Tax
Import Duty as of Dec. 2017 on gold jewelry is 2.5% and is based on the declared value of the goods, PLUS the transport costs to the country of destination.

2. Value Added Tax (VAT)
Value Added Tax (VAT) as of Dec. 2017 on gold jewelry is 20%, plus the 2.5% Import Tax. The value for VAT purposes is therefore the declared value of the goods, PLUS the transport costs to the country of destination, PLUS the Import Duty.

3. Customs Clearance Fees
Customs Clearance Fees U.K.: Remember that your carrier or import agent (including Royal Mail or Parcel Force) may also charge you fees to clear your products through customs. These range from about £4.00 (Royal Mail) to about £8.00 (Parcel Force) and should be added after the above taxes.

The person receiving the shipment is legally obliged to pay Import Duty and VAT and any customs clearance fees.

NOTE: The rate of Value Added Tax is not the same in all member states of the European Union. It is at present allowed to vary quite widely, ranging from about 15% to about 25%.