Importing From USA.... But.
Discussion
Wilder said:
5% VAT is payable under importation of a classic car over 25 years old, with the flat fee of £50 duty payable in addition on entry to the UK.
Your appointed agent should automatically use the correct tariff code when presenting to customs, but I always like to double check , as reclaiming overpaid vat takes months.
01702 366077 classification line phone number.
The commodity code used for a classic over 25 yrs old is 9705000090
If you have a car under 25 years old then the agent will normally declare the vehicle ( Ferrari or other EU made car) as such and claim the £50 flat rate duty charge by providing the VIN number which shows where the car was made. This is normally enough, but I have had one agent ask me to obtain a letter from Ferrari as to where the car was made. I simply switched to a different agent for importation, as the one I normally use ( Imorex) have been doing this for over 25 years , and have never needed anything more than the VIN to clear such cars.Your appointed agent should automatically use the correct tariff code when presenting to customs, but I always like to double check , as reclaiming overpaid vat takes months.
01702 366077 classification line phone number.
The commodity code used for a classic over 25 yrs old is 9705000090
Hope this helps.
Wilder said:
If you have a car under 25 years old then the agent will normally declare the vehicle ( Ferrari or other EU made car) as such and claim the £50 flat rate duty charge by providing the VIN number which shows where the car was made. This is normally enough, but I have had one agent ask me to obtain a letter from Ferrari as to where the car was made. I simply switched to a different agent for importation, as the one I normally use ( Imorex) have been doing this for over 25 years , and have never needed anything more than the VIN to clear such cars.
Hope this helps.
Wow, maybe we should start asking owners to do some of the work too! Hope this helps.
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