Does anyone know if there are any taxes eg VAT that need to be paid when importing a watch from Switzerland to the UK? They are not EU but are in the free trade zone. I'm seeing a lot of contradictory posts on the web. Cheers Mike
If you buy a new one from Switzerland you can buy it without VAT (8%) or get a refund of it later. But you still have to pas your VAT in UK... just don't pay for both. Legally you should have a proof of duty paid in your residential country.
Ok good to know saw a watch in Switzerland at a decent price but perhaps not so great with 20% vat on top. Cheers Mike