Is duty free really duty free?
Discussion
Hi. First time on this particular forum so any insights greatly appreciated.
Am thinking about buying an Omega in Gatwick on the way out for a two week holiday in US. Well over the duty free limit of course and in my line of work I simply don't want to risk going through the green channel if I have something to declare. But do I? My understanding is a lot of duty free shops include duty but discount the underlying price so that you wouldn't need to declare.
Does that principle generally apply to shops selling watches gate-side? Shop in question is Hour Passion as they are the only stockist I can find. I did ask the assistant but they seemed totally confused by the question!
If you do have to pay duty does anyone know the applicable %? Looks to me like the advertised price is simply net of 20% vat so I am guessing the duty if I declare simply brings it back to high street prices. In which case is there any sense in me buying this way?
Am thinking about buying an Omega in Gatwick on the way out for a two week holiday in US. Well over the duty free limit of course and in my line of work I simply don't want to risk going through the green channel if I have something to declare. But do I? My understanding is a lot of duty free shops include duty but discount the underlying price so that you wouldn't need to declare.
Does that principle generally apply to shops selling watches gate-side? Shop in question is Hour Passion as they are the only stockist I can find. I did ask the assistant but they seemed totally confused by the question!
If you do have to pay duty does anyone know the applicable %? Looks to me like the advertised price is simply net of 20% vat so I am guessing the duty if I declare simply brings it back to high street prices. In which case is there any sense in me buying this way?
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