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Post by newdave on May 3, 2023 10:56:51 GMT
Has anyone done this?
Obviously VAT has already been paid when it was bought new but would I still have to pay VAT to UK HMRC when importing? I'd expect to pay import duty, of course, but I'm not sure about VAT.
The irony is that if I have to pay VAT it's actually cheaper for me to buy a brand new instrument (same make and model) than a mint condition used one.
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Martin
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Post by Martin on May 3, 2023 12:42:45 GMT
I'm not sure and haven't done this, but you will pay import VAT on just about anything (unless zero rated), and I think the VAT margin scheme is only for the UK.
If it's a EU retailer, I'd email and ask. If private, then I'd assume you'll need to pay import VAT in any calculations.
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Post by newdave on May 3, 2023 12:58:05 GMT
I'm not sure and haven't done this, but you will pay import VAT on just about anything (unless zero rated), and I think the VAT margin scheme is only for the UK. If it's a EU retailer, I'd email and ask. If private, then I'd assume you'll need to pay import VAT in any calculations. Thanks. That concurs with my thoughts. The retailer made a big deal about VAT already being paid in Germany but that doesn't benefit me. I still have to pay on receipt here. Looks like it's either brand new or no guitar (or a different one - I have permanent GAS these days).
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thniels
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Post by thniels on May 3, 2023 13:51:30 GMT
I think you should talk to your tax authorities. They really ought to have an answer at the ready.
Inside the EU you (we) pay VAT in the country where the purchase is made instead of the country of residence. However, if we [in the EU] purchase something from outside EU, the VAT from the source country is deducted and instead paid in the target country. So, based on the opposite situation, my guess is that when buying from Germany, you deduct the VAT paid there and pay whatever you pay in UK instead. If the dealer cannot do the deduction for you, you should be able to do it through the tax system in the UK. At least that is how it works in Denmark when buying from the UK (British VAT is deducted and Danish VAT is paid instead). Then, on top of that comes import tax and whatnot.
// Thomas Nielsen
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Post by newdave on May 3, 2023 13:58:46 GMT
I think you should talk to your tax authorities. They really ought to have an answer at the ready. Inside the EU you (we) pay VAT in the country where the purchase is made instead of the country of residence. However, if we [in the EU] purchase something from outside EU, the VAT from the source country is deducted and instead paid in the target country. So, based on the opposite situation, my guess is that when buying from Germany, you deduct the VAT paid there and pay whatever you pay in UK instead. If the dealer cannot do the deduction for you, you should be able to do it through the tax system in the UK. At least that is how it works in Denmark when buying from the UK (British VAT is deducted and Danish VAT is paid instead). Then, on top of that comes import tax and whatnot. // Thomas Nielsen Thanks but I think I understand it now. In the UK if we buy from outside the UK then VAT is payable to UK tax authorities. We have to make the payment before the item can be delivered / collected. That payment has to be made regardless of any other payments to other countries. Most countries, on items sold for export, do not charge VAT / sales tax so it can be taken off the purchase price. As for what is happening with the used item, I'm not quite sure but I am quite sure I'm not going to buy it. So my problem is resolved.
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Post by malcolm on May 3, 2023 17:12:30 GMT
If you were buying a new guitar from Germany then it would be ex VAT, ie cheaper, then you would pay the VAT to the UK authorities on import.
If it is second hand, there is no point in the dealer telling you the VAT is already paid unless he is willing to reduce the price by that amount.
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Post by newdave on May 3, 2023 17:32:03 GMT
If you were buying a new guitar from Germany then it would be ex VAT, ie cheaper, then you would pay the VAT to the UK authorities on import. If it is second hand, there is no point in the dealer telling you the VAT is already paid unless he is willing to reduce the price by that amount. My thoughts exactly but for some reason I couldn't explain it clearly. Anyway, now I've got that straight in my head I'm tempted to just leave it. I have enough guitars already (I know! Heresy!).
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Post by curmudgeon on May 8, 2023 23:56:15 GMT
New or used I believe that you will be charged VAT, Excise duty and a handling charge.
If you buy new from a reputable dealer in the EU, they will deduct gtheir local VAT so you pay UK VAT.
I have , in the past sold guitars to various parts of the EU, but now, they will have to pay their VAT on whatever they pay you. Ergo, your guitar collection has now lost at least 20% in value. That's what we voted for apparently.
Further, many US dealers now refuse to ship stuff to the UK as HMGov now demand that they create a VAT account. Y'know how our Yankee friends like paying tax!
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Post by dreadnought28 on May 9, 2023 10:51:43 GMT
New or used I believe that you will be charged VAT, Excise duty and a handling charge. If you buy new from a reputable dealer in the EU, they will deduct gtheir local VAT so you pay UK VAT. I have , in the past sold guitars to various parts of the EU, but now, they will have to pay their VAT on whatever they pay you. Ergo, your guitar collection has now lost at least 20% in value. That's what we voted for apparently. Further, many US dealers now refuse to ship stuff to the UK as HMGov now demand that they create a VAT account. Y'know how our Yankee friends like paying tax! Actually it's worse than that. You have to pay VAT on the total of the purchase price + shipping + duty, probably in excess of 25% of what you paid. Previously there was no VAT or duty and shipping was much faster with no documentation required. This also applies to purchases from private individuals as well as retailers. Retailers within the EU and registered for VAT should not charge VAT on exports outside the EU. Some smaller shops don't seem to be quite sure about this. Just another of the amazing benefits of Brexit. (DON"T GET ME STARTED!!)
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Post by curmudgeon on May 9, 2023 22:48:36 GMT
Yes Chris, what it means is it is just the same if buying from France, Nederlands or Germany as buying from the USA. Isn't it great (grate) to be so free!
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Post by dreadnought28 on May 10, 2023 12:33:07 GMT
Yes Chris, what it means is it is just the same if buying from France, Nederlands or Germany as buying from the USA. Isn't it great (grate) to be so free! Forgive me but I hadn’t noticed I wasn’t free. In fact I was free to play anywhere in 27 countries. Now that’s gone but apparently one day may apply to Australia according to a Tory MP this morning. WOW!!
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Post by newdave on May 10, 2023 12:45:48 GMT
You're missing the point dreadnought28 You are now free to swim in rivers and seas full of other people's excrement. You couldn't do that when we were in the EUSSR fascist dictatorship. Elf and Safety and all that nonsense. Now - I'm the SCATMAN. Wheeee!!!!
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Phil Taylor
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Post by Phil Taylor on May 10, 2023 15:28:21 GMT
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Post by forestdweller on May 10, 2023 16:14:42 GMT
I'm no Brexit or Tory supporter as people know, but this thread does seem to be getting out of hand!! I'm with Phil
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Post by newdave on May 10, 2023 17:00:12 GMT
I'm no Brexit or Tory supporter as people know, but this thread does seem to be getting out of hand!! I'm with Phil On the bright side it's nice that you're not troubled by the reference to scat. (And for those of you that are wondering DON'T GOOGLE IT AT WORK)
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