What exactly do I have to pay taxes/duty on when traveling to the UK?
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Accepted answer
You pay duty on things you are bringing in and leaving in the country. So your own clothes, electronics, jewelry etc do not matter for the purposes of duty. What are you importing? Chances are, nothing, in which case you're all set. Possibly, a gift from your home country to your hosts in the UK. In that case, you might need to declare it. This has nothing to do with personal vs commercial use per se though in some cases if you bring 50 or 100 of the same item, they don't believe it's your stuff you're bringing to use, and they decide you're importing it. But I don't expect you plan to do that.
If you plan to shop in the UK and bring home gifts for your family, souvenirs, or things that are cheaper or easier to get there, do look into the duty rules for coming back into your own country. Since those things are going to stay in your country with you, you will be declaring them.
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