I’m not VAT registered, but have been importing some goods from the USA for resale. After the goods have landed I get sent a bill from a customs clearance agency, which is made up of an £8 fee plus Import VAT. The last one was £29.36 (£8 charge + £21.36 Import VAT), which I paid through Paypal.
What would I actually tag that transaction as? I’m aware that obviously I can’t reclaim the VAT with being non vat registered, but it’s still a cost that I’m paying out (sorry if it’s not clear what I mean but I’m no accountant!)