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https://www.jewelrygenius.com/aaNEWHTMLS/UKtaxes.html
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.
https://travel.stackexchange.com/questions/51466/do-customs-duties-and-vat-apply-on-jewellery-and-gifts-even-when-imported-into-u
Jul 21, 2015 · If you plan on leaving the gifts/ring there and their total value is more than £390 but less than £630 you will have to pay customs duty at a discounted 2.5% rate. You will have to pay VAT at the applicable rate. If their total value is greater than £630 you have to …
https://www.gov.uk/bringing-goods-into-uk-personal-use/declaring-goods
Bringing in goods for personal use when you travel to the UK from abroad - types of tax and duty, duty free, EU and non-EU arrivals, banned and restricted goods.
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