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AlphaToOmega
·Buy a holiday house in Northern Ireland 📖.
Has anyone in the UK made a purchase from the EU for more than £135?
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khanmu
·That is a good if somewhat drastic and expensive solution.
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AlphaToOmega
·Or find someone who has a holiday home in Spain or France and get it sent there, and remember to buy them a nice bottle of wine every Xmas 😀
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vitriol
·So, to summarise, as an UK buyer of a second hand watch valued above £135 from the EU, the item is subject to VAT and duties? No arguments, no special cases, no loopholes, no work arounds?
Yes, that is an essence of the EU-UK agreement reached out in late December;
1.) there are no customs quota (aka reduced customs tariffs)
2.) neither there is no customs war.
So it is somewhat of the deal, but in reality this deal means nothing, it is completely neutral.
For VAT - UK and all EU countries consider each other as 3rd party country, so all import taxes follow.
However, STANDY made a valid comment about NI.
NI law for VAT on goods (but not on services) is still aligned with EU law (so it is not aligned with UK' post-Brexit UK law), as such - if you buy a watch from EU into NI - there is no VAT/customs on importation because in fact there is not importation at all.
Edited:
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STANDY
··schizophrenic pizza orderer and watch collectorOr find someone who has a holiday home in Spain or France and get it sent there, and remember to buy them a nice bottle of wine every Xmas 😀
So get them to smuggle them in without declaring for you !!!!
Customs “so what about these watches”
Friend “they aren’t mine”
Customs “who do they belong to”
Friend “Oh I’m just bringing them in for someone else to evade VAT for a bottle of wine each year”
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AlphaToOmega
·So get them to smuggle them in without declaring for you !!!!
Customs “so what about these watches”
Friend “they aren’t mine”
Customs “who do they belong to”
Friend “Oh I’m just bringing them in for someone else to evade VAT for a bottle of wine each year”
In the cold light of day watches have just generally become more expensive.
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TimeODanaos
·True British stoicism going on here - which is a virtuous thing of course. But there is this petition thing...
https://omegaforums.net/threads/pet...hes-to-5-same-as-art-and-collectibles.126481/
https://omegaforums.net/threads/pet...hes-to-5-same-as-art-and-collectibles.126481/
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AlphaToOmega
·True British stoicism going on here - which is a virtuous thing of course. But there is this petition thing...
https://omegaforums.net/threads/pet...hes-to-5-same-as-art-and-collectibles.126481/
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cakey007
·Signed, anything that helps !
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AlphaToOmega
·How does it work if I have a friend in the EU who wants to send me a watch? Not a commercial transaction in any way, he just would like to give me a watch.
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redzer007
·How does it work if I have a friend in the EU who wants to send me a watch? Not a commercial transaction in any way, he just would like to give me a watch.
.
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AlphaToOmega
·Gifts are also liable for VAT and associated fees etc
.
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Dries
·just one more bit of anecdotal evidence the opposite way around:
I live in Belgium and have been working on an english classic car (MG midget) for some time now. I used to get parts from somebody grouped orders and therefore could get more parts cheaper and faster. Now I found out, needing a master cylinder for my brakes, that said person went out of business late december. I therefore had to resort to going directly through the english suppliers.
Now, I was fully aware that I could buy these new parts without VAT in the UK and then had to pay Belgian VAT upon arrival. What I find problematic is that now DHL charges a clearing fee of minimum 17 euros. on a 50 euro part, that makes, that is a 35 percent increase in price.
I am also trying to source some used parts, sadly only possible in the UK it seems and fully expect to get hit with this clearing fee on top of the vat (which I can't recuperate because the used parts can't be bought vat-free in the UK).
I am sharing because it is in some ways similar to watches: If I had a choice between buying from the UK and buying on the continent, I surely wouldn't buy in the UK, even if it was, say, 20 percent cheaper. Now because these are english cars and english parts, I don't have a choice, which never is pleasant thing I suppose.
In the end, I am well aware this is a first world problem.
I live in Belgium and have been working on an english classic car (MG midget) for some time now. I used to get parts from somebody grouped orders and therefore could get more parts cheaper and faster. Now I found out, needing a master cylinder for my brakes, that said person went out of business late december. I therefore had to resort to going directly through the english suppliers.
Now, I was fully aware that I could buy these new parts without VAT in the UK and then had to pay Belgian VAT upon arrival. What I find problematic is that now DHL charges a clearing fee of minimum 17 euros. on a 50 euro part, that makes, that is a 35 percent increase in price.
I am also trying to source some used parts, sadly only possible in the UK it seems and fully expect to get hit with this clearing fee on top of the vat (which I can't recuperate because the used parts can't be bought vat-free in the UK).
I am sharing because it is in some ways similar to watches: If I had a choice between buying from the UK and buying on the continent, I surely wouldn't buy in the UK, even if it was, say, 20 percent cheaper. Now because these are english cars and english parts, I don't have a choice, which never is pleasant thing I suppose.
In the end, I am well aware this is a first world problem.
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YY77
·there's a Dutch TV personality who shared his story of an alarm clock he ordered from Japan and at the collection point was told to pay € 73k in duties/fees/tax😲, total value was set at € 284k. No picture of the item but in the link documentation stating the to be paid costs to postal services:
https://www.instagram.com/tv/CK36nwapGiS/?utm_source=ig_web_copy_link
https://www.instagram.com/tv/CK36nwapGiS/?utm_source=ig_web_copy_link
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STANDY
··schizophrenic pizza orderer and watch collectorthere's a Dutch TV personality who shared his story of an alarm clock he ordered from Japan and at the collection point was told to pay € 73k in duties/fees/tax😲, total value was set at € 284k. No picture of the item but in the link documentation stating the to be paid costs to postal services:
https://www.instagram.com/tv/CK36nwapGiS/?utm_source=ig_web_copy_link
It’s obviously the 284292.00 is Yen and not Euro........
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AlphaToOmega
·What if he was returning it, having borrowed it?
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STANDY
··schizophrenic pizza orderer and watch collectorThis is a deadly serious question. What if a friend had borrowed a high value item when in the UK, forgotten to return it before travelling back to the EU. Once he is back in the EU he then returns the borrowed item. How does tax work then? This circumstance is neither a commercial transaction nor a gift so how do customs legislate for this situation?
You can sign a written declaration to the effect.
There is always a way to declare something and customs are pretty good at picking if someone is full of
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AlphaToOmega
·You can sign a written declaration to the effect.
There is always a way to declare something and customs are pretty good at picking if someone is full ofor not.
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