How to Calculate the Cost of Shipping, Tax and Duty Fee?
As our project is approaching to the finish line, realistic issues such as delivery and payments have emerged. For those of you who do not have much experience in dealing with gadgets bought from abroad, please continue to read; for those of you who are 'pro' kickstarter backers, your knowledge and corrections are warmly welcomed!
Total costs = product price + shipping costs + (VAT Rate%)*(product price + shipping costs) + (Customs Duty Rate%)*(product price + shipping costs)
Example 1. A £299 Backer in United States
Total costs = $455 + $100 + (0%)*($455 + $100) + (0%)*($455 + $100) = $555
Example 2. A £299 Backer in Germany
Total costs = €383 + €85 + (19%)*(€383 + €85) + (1.7%)*(€383 + €85) = €564.876
Example 3. A £299 Backer in China
Total costs = ¥2835 + ¥200 + (17%)*(¥2835 + ¥200) + (0%)*(¥2835 + ¥200) = ¥3550.95
It needs to be pointed out that international backers may pay extra fee for the customs duty & VAT depending on local laws. Please make sure to read this and add those fees to your budget when calculating the total costs.
Meet US in United States
DreamMaker Team will soon be on a trip to United States this week. For those lucky backers in the states, let's get some drink in a joyous gathering! In the next update coming we'll be informing you when & where to find us, and what to expect. Pardon? Of course we'll be traveling with the OverLord!
Spread the Words!
The countdown has began. We only have 3 more days to go until we finish funding. We had an incredible time with all of you and are so thankful to be a part of this wonderful experience. As we come close to the end of our campaign, we would like to thank you for supporting our project. There is no way we could've accomplished something like this without your help. If you are looking for materials such as nice pics, logos of OverLord to share to your network, find them here. Thanks!