I"m still interested in the amount of duty the components do cost, is it 2.5% as mentioned? I agree that it is backwards (and already signed the ePet), but hopefully not enough to kill the long term hope for the UK route (as perhaps just one of the factors).
Each type of component (memory, capacitor, resistor, LED, IC, connector, etc.) attracts a different level of duty - some are 0-rated, others can be 3.5%, 5%, maybe more. So what the average is for the board as a whole I have no idea. Having looked into it before setting up the ePetition, though, I can tell you; IT'S A MINEFIELD!
UK import duty is detailed at HMRC as 2.5% with import VAT at 20% the same as normal VAT. The VAT is reclaimable by the VAT registered company and they then charge 20% on the sale price... whats difficult about that. It's not ciggies and wine we're talking about here....
No: it's electrical/electronic components - and it isn't quite as straightforward as you suggest. See the HMRC website for details of the Tarif used to determine import duties for specific items, under 16,000 different categories:
What is the Tariff?
The Integrated Tariff of the United Kingdom is usually referred to as the Tariff and contains all the information to help you with importing or exporting. It includes references to the relevant laws and regulations.
What it covers
Although the UK version is called the Integrated Tariff of the United Kingdom, the same format is used throughout the EC. Importing and exporting are covered by EC Regulations, so regardless of the country in which you operate, The Tariff equivalent acts as a comprehensive point of reference. Please note that all EC countries have the same commodity codes, duty rates and procedures as the UK.
The Tariff consists of three volumes:
Volume 1 contains essential background information for importers and exporters. It covers duty relief schemes, contact addresses for organisations such as Department Of Trade and Industry, Department of Environment, Food and Rural Affairs (formerly MAFF) and Forestry Commission. It also contains an explanation of Excise Duty, Tariff Quotas and many similar topics.
Volume 2 contains the 16,000 or so Commodity Codes set out on a chapter-by-chapter basis. It lists duty rates and other directions such as import licensing and preferential duty rates.
Volume 3 contains a box-by-box completion guide for import and export entries - the C88 form, the complete list of Customs Procedure Codes (CPCs) for importing and exporting, the Country Codes for the world, lists of UK docks and airports both alphabetically and by their Entry Processing Unit (EPU) numbers and further general information about importing or exporting.