Retrobike Forum Index

It is currently Sun Dec 11, 2016 2:57 pm

* Login   * Register * Search  * FAQ



Post new topic Reply to topic  [ 5 posts ] 
Author Message
 Post subject: US Imports and VAT
PostPosted: Tue Oct 15, 2013 8:04 am 
Dirt Disciple
User avatar

Joined: Tue Sep 06, 2011 8:39 pm
Posts: 95
Location: Wiltshire, UK
Folks,

once again customs have my delivery from the US - I'm well used to paying fees that sometimes come to more than the purchase price..

The VAT on these '88 Croce brakes comes to £40. I've not paid it yet to release the package. According to the government website, 2nd hand goods are liable, but there are exceptions.

The challenge process involves form filling - there appears not to be a number to call to discuss the charge.

Any similar experiences out there? should I be paying VAT on 2nd hand bike bits coming in from the US? Is a challenge likely to to prove beneficial?

Thanks

Paul

Wiltshire, UK


Top
 Profile  
 
 Post subject: Re: US Imports and VAT
PostPosted: Tue Oct 15, 2013 8:50 am 
Retro Guru
User avatar

Joined: Wed Apr 25, 2012 2:08 pm
Posts: 2186
Location: Shrewsbury
Unfortunately, as you would expect they have tax pretty buttoned down for outside of the EU.

This is what they say:

All other goods

If you order or send purchased goods other than alcohol, tobacco, perfume and toilet water from a country outside the EU then you:

don't have to pay Excise Duty
may have to pay Customs Duty on goods with a value that exceeds £135
will have to pay import VAT on goods with a value that exceeds £15

Note that on all goods from outside the EU, Customs Duty is waived if the amount of duty calculated is £9 or under.


Import VAT rate


The percentage charged is the same VAT rate that applies to similar goods that are sold in the UK.

So it appears they will charge 20%. That would mean you paid £200 for the calipers?

Give a man a gun and he can rob a bank. Give a man a bank and he can rob the world :)


Top
 Profile  
 
 Post subject: Re: US Imports and VAT
PostPosted: Tue Oct 15, 2013 11:13 am 
Dirt Disciple
User avatar

Joined: Tue Sep 06, 2011 8:39 pm
Posts: 95
Location: Wiltshire, UK
Thanks..

That was my interpretation, it was suggested by a friend that I might stand a chance..

I knew it was going to happen.. but I've been looking for a long time for essentially NOS calipers and levers that I decided to go for it and offset the price against time saved looking in the future....

The actual purchase price was decent value, but once you've added on shipping with decent insurance... then paid the customs clearance fees and VAT on the purchase AND that posh shipping...

They'd better be good!


Top
 Profile  
 
 Post subject: Re: US Imports and VAT
PostPosted: Tue Oct 15, 2013 10:44 pm 
Retro Guru

Joined: Sun Aug 22, 2010 7:07 pm
Posts: 1324
Location: Cotswolds
I thought it should be worth arguing that the goods were made in italy EU, But I think you have to pay the crazy charges first.


Top
 Profile  
 
 Post subject: Re: US Imports and VAT
PostPosted: Wed Oct 16, 2013 10:10 am 
retrobike rider
retrobike rider

Joined: Tue Jul 10, 2012 11:58 pm
Posts: 2363
Location: Bournemouth
not worth arguing they were made in Italy unless you know VAT was paid on them at the time, and you can prove it

You have to pay I'm afraid


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 5 posts ] 

All times are UTC [ DST ]


Who is online

Users browsing this forum: JayAy, John G, kermitgreenkona88, Little Al, mr_gumby, originalshinkicker, Stick Legs, stringfellow1946 and 48 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  

About Us

Follow Retrobike

Other cool stuff

All content © 2005-2015 Retrobike unless otherwise stated.
Cookies Policy.
bikedeals - the best bike deals in one place
FatCOGS - Fat Chance Owner's Group

Powered by phpBB® Forum Software © phpBB Group