Importing a watch
Discussion
What model is it?
I asked this a while a go.
I think you have to pay the tax on what the product is valued at in this country, or something along those lines.
have you had a look for it on Ebay? there are a few shops on there that have loads of Seiko watches in stock, and are based in the UK, so you won't have to pay tax?
I asked this a while a go.
I think you have to pay the tax on what the product is valued at in this country, or something along those lines.
have you had a look for it on Ebay? there are a few shops on there that have loads of Seiko watches in stock, and are based in the UK, so you won't have to pay tax?
I have just bought 2 watches from the states ......one USPS/Parcelforce saw fit to 'lose' (sender having to claim at the mo).....the other I got stung by customs for .....have imported a couple of guitars form the US as well ....first time I did that the custom charge came a as bit of a shock!!
Twit said:
If its a new watch you have to pay the VAT due when it comes into the country, that is VAT based on the list price in the UK not where you may have bought it.
Having said that, that only happens if they catch it. I know one trick used to be sending in two parcels, one with the packaging and one with the watch. The watch would slip in under the radar and he packaging would just be an empty box. Not sure people do that now though!!!
Taken from the other thread!Having said that, that only happens if they catch it. I know one trick used to be sending in two parcels, one with the packaging and one with the watch. The watch would slip in under the radar and he packaging would just be an empty box. Not sure people do that now though!!!
I've bought a number of things from overseas (outside EU) in the last twelve months, including a watch. The only item that got collared by customs was the watch which came from Japan using their postal service and then Parcelforce when it arrived here. I had to pay import duty, VAT and a handling charge before they would release the item. I didn't really do my research so with these charges added I could have bought the same model here for slightly less.
sleepersix said:
Cheers for the advice. Getting it sent over. Had a quick look on the customs website and I think it will only cost me £20 on top for the VAT. No import tax as the value is below £200. Sorted- just need to order!
Thanks!
Parcelfarce will likely put an extra £10 on top of that for 'clearance fees'.Thanks!
I've just had to pay customs for one last night and they appear to have charged me straight 15% VAT + handling fee - nothing else. I'm not quite sure why its not more but I'm not arguing
I've had a hit rate of about 30% with customs on anything from watches to Camera bits.
It comes as a nasty surprise especially now the pound is so week, it can wipe out any potential savings. You get the double whammy of it costing more and because it has cost more, the tax is more as well.
I've had a hit rate of about 30% with customs on anything from watches to Camera bits.
It comes as a nasty surprise especially now the pound is so week, it can wipe out any potential savings. You get the double whammy of it costing more and because it has cost more, the tax is more as well.
s
gathore said:
gathore said: I think you have to pay the tax on what the product is valued at in this country, or something along those lines.
Normally its the declared value plus the postage - that the tax is based on. If they open it and find it declared wrong then they may do this. Both watches I have imported have been one offs - so impossible to value based on a UK price.Edited by sparkyhx on Thursday 12th February 10:00
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