Tuesday, December 05, 2006

Exchange Rates

The strength of the pound against the dollar at the moment means huge savings for British people Christmas shopping in the US. However, did you know that there is a £145 allowance? British people buying more than £145 pounds worth of goods have to pay import duty and VAT which could add 20% to the bill on their return trip!

For more information on pound sterling visit our pages about Money in Britain

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