VAT and import duty on classic from USA
Discussion
That's right.. The 5% is on the total . Car invoice plus shipping.
My shipping from usa ,Los Angeles was $1800 dollars,but I am sure you can get it done cheaper.
On top of that their will be about £200- £300 for customs clearances etc..
I still think you can get some good bargains in usa..
Paul
My shipping from usa ,Los Angeles was $1800 dollars,but I am sure you can get it done cheaper.
On top of that their will be about £200- £300 for customs clearances etc..
I still think you can get some good bargains in usa..
Paul
paul0843 said:
That's right.. The 5% is on the total . Car invoice plus shipping.
My shipping from usa ,Los Angeles was $1800 dollars,but I am sure you can get it done cheaper.
On top of that their will be about £200- £300 for customs clearances etc..
I still think you can get some good bargains in usa..
Paul
Interesting, I thought the duty was 10% and vat 20% which made the car untenable.My shipping from usa ,Los Angeles was $1800 dollars,but I am sure you can get it done cheaper.
On top of that their will be about £200- £300 for customs clearances etc..
I still think you can get some good bargains in usa..
Paul
There's a pair of them I was considering importing to sell on.
There is no "one rule fits all" as far as VAT and Duty is concerned. It depends on the where the car was manufactured, first registered , the car's historic significance etc.
I've imported a few cars and you are best off to talk to a specialist importer or even HMRC who are helpful.
A car of historic significance for example may attaract favourable duty and vat rates but for example when I imported a 1960's Alfa Romeo from outside of the EU, HMRC asked for 10% duty and 20% VAT.
Duty is calculated at the landed price incl shipping, vat on top.
I've imported a few cars and you are best off to talk to a specialist importer or even HMRC who are helpful.
A car of historic significance for example may attaract favourable duty and vat rates but for example when I imported a 1960's Alfa Romeo from outside of the EU, HMRC asked for 10% duty and 20% VAT.
Duty is calculated at the landed price incl shipping, vat on top.
Huntsman said:
paul0843 said:
That's right.. The 5% is on the total . Car invoice plus shipping.
My shipping from usa ,Los Angeles was $1800 dollars,but I am sure you can get it done cheaper.
On top of that their will be about £200- £300 for customs clearances etc..
I still think you can get some good bargains in usa..
Paul
Interesting, I thought the duty was 10% and vat 20% which made the car untenable.My shipping from usa ,Los Angeles was $1800 dollars,but I am sure you can get it done cheaper.
On top of that their will be about £200- £300 for customs clearances etc..
I still think you can get some good bargains in usa..
Paul
There's a pair of them I was considering importing to sell on.
Gassing Station | Classic Cars and Yesterday's Heroes | Top of Page | What's New | My Stuff