Sorry for the delayed response. Yes, that is correct. But if you don't want to wait I'm offering a special shipping rate to EU customers for all CPOs (Customer Pre-Order) and Picket Duty is still available at the pre-order price of $45, MSRP $64.
All CPO games will be shipped in bulk to the UK where the VAT will be paid. Then the game is shipped to you and since the shipment originated inside the EU you should not be charged any additional handling fees. The total paid by you for this service will be approximately $25 for a single game.
This is just my way of saying thank you for continuing to Pre-Order games despite the ever higher cost of shipping.
Just received my copy in the UK 11 days after release. No customs charges. Zero hasssle. A jam packed box with the superb Easy Punch counters. Thanks Legion and Limey Yank games. Seems to work like a charm. UK gamers get in and order and perhaps I can get Tanga and Toulon early next year :)