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VAT
May 22, 2013 20:55:37 GMT
Post by mozza on May 22, 2013 20:55:37 GMT
I'm buying some odds & sods for the ET, coming from Holland. Am I going to be hit for VAT or Import Duty?
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VAT
May 22, 2013 21:13:54 GMT
Post by sibag on May 22, 2013 21:13:54 GMT
I think you will as they are part of the EU ?
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VAT
May 22, 2013 21:32:00 GMT
Post by mozza on May 22, 2013 21:32:00 GMT
Bearing in mind, these are used parts? Same rules apply?
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VAT
May 22, 2013 21:57:15 GMT
Post by screwriverracing on May 22, 2013 21:57:15 GMT
If there second hand aren't they vat free as it was paid when new?
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VAT
May 22, 2013 22:16:06 GMT
Post by mozza on May 22, 2013 22:16:06 GMT
I used to think along those lines. I wrote to my MP asking why I had to pay VAT on s/h parts. My argument was: when the machine is new, you pay VAT. Fair enough. Now...when that bike is broken and for arguments sake, I buy the front wheel. I pay VAT on it. For the second time! I fit wheel to my bike. Few months down the line, I decide to sell the bike. It ends up at a breakers. Someone buys the front wheel. He pays VAT! I asked the MP, How many times do you want VAT for the same part? The answer (they're obliged by law to reply) he gave had my head spinning, and by the end of the letter I couldn't remember the question!!!! Did you also know, you pay tax on a tax? ie: New car-Purchase Tax- VAT on total. It wouldn't be so bad if they used the money wisely! Expenses-top of the range cars- 1st class travel Bastards! Rant over. Sorry!
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Post by canamant on May 22, 2013 22:58:18 GMT
You should only pay VAT if the seller is vat registered and you should pay it at source. No import duty as Holland is in the EU ?
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Mal Man
Velociraptor
GSXR 1100m & work in progress the 'Busa bitsa
Posts: 20
Reg: Apr 26, 2013 14:53:41 GMT
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VAT
May 25, 2013 7:55:35 GMT
Post by Mal Man on May 25, 2013 7:55:35 GMT
You should only pay VAT if the seller is vat registered and you should pay it at source. No import duty as Holland is in the EU ? UPS delivered parts from USA yesterday, got a COD import fee too! Apparently, within EU your ok, but mainly, from USA or China, expect to be charged import duty. Import duty = VAT plus a UPS charge for collection of Import Duty. Its the first time ive ever been charged import duty.
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VAT
May 25, 2013 12:53:39 GMT
Post by Ash on May 25, 2013 12:53:39 GMT
I thought it was import duty, amount depends on what the item is, then VAT on the total value,plus a carrier admin charge.
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VAT
May 25, 2013 21:06:53 GMT
Post by jonny on May 25, 2013 21:06:53 GMT
I thought it was import duty, amount depends on what the item is, then VAT on the total value,plus a carrier admin charge. I believe you are right. I think the cut off point is £75 including carriage from EU countries. Above that you have to pay import duty which is normally the same rate as VAT (but the rate depends on the items) plus an £8 customs fee levied by the post office.
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VAT
May 26, 2013 10:02:54 GMT
Post by mightlife on May 26, 2013 10:02:54 GMT
From the Post Office website: " Receiving mail from abroad All mail that enter the United Kingdom may be examined by customs, but normally letters, postcards and packets containing only documents or similar forms of correspondence are excluded. If you are receiving a package from overseas (unless it’s from another EU Country), please be aware that it may incur customs charges. Any package assessed as being liable for customs charges will also incur a Royal Mail handling fee of £8. Any goods imported into the UK over the value of £15 are liable to import VAT. Gifts between private individuals over the value of £36 are also liable for VAT. Goods and gifts over these values may also be liable for customs duty. You no longer have to pay customs duty for goods up to the value of £135, however you will still be required to pay import VAT and excise duty where applicable. Please note that these limits do not apply to alcohol and tobacco goods where both excise duty and import VAT may be charged. It is not permitted to send alcohol and tobacco products into the UK from another EU country unless prior arrangements have been made to account for the excise duty. For more details please read the Royal Mail guide to receiving goods from overseas. You can also check the HM Revenue & Customs guide to Shopping on the Internet."
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