Travelling from the US to UK with a company computer bought in the US - do I pay VAT at UK border?

I live in the UK as a UK national, and the US based company that I work for has bought me a computer in the USA to use for my work with them. I'm travelling to the US from the UK for business and to visit friends soon. They will give me the computer (Mac Studio) then before I return with to the UK. It will be their property and not for my personal use. I will have to return it at the end of my time with them, which has no end date (It is open). Do I have to pay VAT? It is worth $4500 in the US.

import-taxes

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Do I have to pay import tax from USA to UK?

Value Added Tax (VAT) also needs to be paid on anything being imported into the UK from the USA. This is calculated on top of import duties and is at the same rate if you had bought the items in the UK \u2013 20%. Importantly, it also includes the door-to-port cost of shipping the items to the UK.

How much customs duty will I pay from USA to UK?

The standard VAT rate is 20% that is applicable to most goods and services. The 20% is charged on the total value of the goods including the cost of packaging, transport and insurance.

How much is import VAT from US to UK?

Goods and services shipped to the UK with a value between \xa30.01 and \xa3135 (between $1 and approximately $180 USD) will incur VAT fee of 20% of the product price (not including shipping fees). U.S. online retailers selling products to UK buyers are require to collect this 20% VAT fee at the time of sale.

Do US companies pay VAT in UK?

Importing goods from the US to the UKIf you're importing goods from the USA, there's no requirement for VAT registered businesses to account for VAT. If you're importing something from the US, the US sales tax will not be added, but rather, the UK tax rate (20%) will be paid on import.

VAT Across Europe

Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.

Images: Ethan Wilkinson, Pixabay, Dominika Gregušová, Chris Schippers