VAT on foreign goods?
Discussion
That depends.
If you are buying the goods as a non VAT registered individual or business, the supplier should apply the relevant VAT rate that applies to that type of goods in the EU country in which they are based.
If you are a UK VAT registered business, you can have the sale Zero Rated by the suupplier provided you provide them with your VAT number.
If you are buying the goods as a non VAT registered individual or business, the supplier should apply the relevant VAT rate that applies to that type of goods in the EU country in which they are based.
If you are a UK VAT registered business, you can have the sale Zero Rated by the suupplier provided you provide them with your VAT number.
To answer the question though Eric, Customs will not charge VAT on goods imported from within the EU.
You will pay VAT AND import duty on goods imported from the USA providing the value is over the threshold.
You can find the threshold and duty rates for the goods at the HMRC website.
HTH
You will pay VAT AND import duty on goods imported from the USA providing the value is over the threshold.
You can find the threshold and duty rates for the goods at the HMRC website.
HTH
I'm not VAT registered or anything like that, nor am I a 'business' of any sort.
I did look at the HMRC site, seems quite complicated. Its a new world to me to be honest.
Say for example, I buy something (brand new from a shop in the EU) via Ebay/Internet for £900 will I get stung for VAT by customs?
I did look at the HMRC site, seems quite complicated. Its a new world to me to be honest.
Say for example, I buy something (brand new from a shop in the EU) via Ebay/Internet for £900 will I get stung for VAT by customs?
Ian1976 said:
I'm not VAT registered or anything like that, nor am I a 'business' of any sort.
I did look at the HMRC site, seems quite complicated. Its a new world to me to be honest.
Say for example, I buy something (brand new from a shop in the EU) via Ebay/Internet for £900 will I get stung for VAT by customs?
No, as it is within the EU you will not get charged VAT on it as it is included in the £900 price.I did look at the HMRC site, seems quite complicated. Its a new world to me to be honest.
Say for example, I buy something (brand new from a shop in the EU) via Ebay/Internet for £900 will I get stung for VAT by customs?
Ian1976 said:
I'm not VAT registered or anything like that, nor am I a 'business' of any sort.
I did look at the HMRC site, seems quite complicated. Its a new world to me to be honest.
Say for example, I buy something (brand new from a shop in the EU) via Ebay/Internet for £900 will I get stung for VAT by customs?
If your buying from a business then the price should include that countries VAT meaning that you won't pay additional UK VAT.I did look at the HMRC site, seems quite complicated. Its a new world to me to be honest.
Say for example, I buy something (brand new from a shop in the EU) via Ebay/Internet for £900 will I get stung for VAT by customs?
Basically, VAT needs to be paid somewhere, either at the buyers end or yours.
Ian1976 said:
Say for example, I buy something (brand new from a shop in the EU) via Ebay/Internet for £900 will I get stung for VAT by customs?
No.HMRC in the UK will not add on any extra UK VAT. You WILL be charged VAT by the supplier and the amount of VAT you will pay will be based on the VAT rates and rules that apply in the country of the suppler.
bigbubba said:
Ian1976 said:
I'm not VAT registered or anything like that, nor am I a 'business' of any sort.
I did look at the HMRC site, seems quite complicated. Its a new world to me to be honest.
Say for example, I buy something (brand new from a shop in the EU) via Ebay/Internet for £900 will I get stung for VAT by customs?
No, as it is within the EU you will not get charged VAT on it as it is included in the £900 price.I did look at the HMRC site, seems quite complicated. Its a new world to me to be honest.
Say for example, I buy something (brand new from a shop in the EU) via Ebay/Internet for £900 will I get stung for VAT by customs?
You can't claim it's for export, skip the local tax and then avoid having it taxed in the UK too.
Otherwise, buying from an EU Online retailer should be just like buying from any in the UK - See, the EU does have some good points (blue touchpaper well lit, step away
)M
Eric Mc said:
No.
HMRC in the UK will not add on any extra UK VAT. You WILL be charged VAT by the supplier and the amount of VAT you will pay will be based on the VAT rates and rules that apply in the country of the suppler.
Eric,HMRC in the UK will not add on any extra UK VAT. You WILL be charged VAT by the supplier and the amount of VAT you will pay will be based on the VAT rates and rules that apply in the country of the suppler.
Whilst what you are saying is correct I think you are phrasing it in a potentially confusing way. As the goods are EU based and are priced for retail the VAT must be included in that price. As such there will be no extra duty or taxes to pay.
bigbubba said:
Eric Mc said:
No.
HMRC in the UK will not add on any extra UK VAT. You WILL be charged VAT by the supplier and the amount of VAT you will pay will be based on the VAT rates and rules that apply in the country of the suppler.
Eric,HMRC in the UK will not add on any extra UK VAT. You WILL be charged VAT by the supplier and the amount of VAT you will pay will be based on the VAT rates and rules that apply in the country of the suppler.
Whilst what you are saying is correct I think you are phrasing it in a potentially confusing way. As the goods are EU based and are priced for retail the VAT must be included in that price. As such there will be no extra duty or taxes to pay.
All I was talking about was VAT (as per the thread title).
It would only be confusing to someone who mixes up "duty" with "VAT". They are totally different things.
Eric Mc said:
I didn't mention the word "duty" at all.
All I was talking about was VAT (as per the thread title).
It would only be confusing to someone who mixes up "duty" with "VAT". They are totally different things.
Eric,All I was talking about was VAT (as per the thread title).
It would only be confusing to someone who mixes up "duty" with "VAT". They are totally different things.
I am well aware in the differences between duty and VAT thanks.
Duty would have been payable had the import come from the USA as the OP had originally asked.
Your post was confusing to someone as you had said that the seller will have to charge VAT in the origin country. You did not make it clear that as the item was priced retail (at £900) that the VAT would have to be included in that price not added on to it.
bigbubba said:
Eric Mc said:
I didn't mention the word "duty" at all.
All I was talking about was VAT (as per the thread title).
It would only be confusing to someone who mixes up "duty" with "VAT". They are totally different things.
Eric,All I was talking about was VAT (as per the thread title).
It would only be confusing to someone who mixes up "duty" with "VAT". They are totally different things.
I am well aware in the differences between duty and VAT thanks.
Duty would have been payable had the import come from the USA as the OP had originally asked.
Your post was confusing to someone as you had said that the seller will have to charge VAT in the origin country. You did not make it clear that as the item was priced retail (at £900) that the VAT would have to be included in that price not added on to it.
And the seller WOULD have to charge VAT - exactly as he would have to on every sale he makes, including to his own countrymen. I never suggested that he would need to add on VAT AGAIN.
The only time he WOULDN'T ever charge VAT would be if the UK customer was VAT registered in the UK and could provide his VAT number to the EU based supplier.
Edited by Eric Mc on Thursday 29th March 16:21
Eric Mc said:
Ian1976 said:
Say for example, I buy something (brand new from a shop in the EU) via Ebay/Internet for £900 will I get stung for VAT by customs?
No.HMRC in the UK will not add on any extra UK VAT. You WILL be charged VAT by the supplier and the amount of VAT you will pay will be based on the VAT rates and rules that apply in the country of the suppler.
As I said, your explanation was correct but to someone who doesn't understand foreign VAT rules it could sound confusing. That was my point, you obviously missed it...
I am well aware that VAT will have to be paid, I was just offering the OP reassurance that he would not pay any extra VAT on a product sourced as a retail purchase from within the EU.
You seem to have complicated the OP's question and my explanation unnecessarily.
Ballistic said:
Where would I stand buying an item online from a German company where they quote two prices; one with 20% VAT and one without?
If you buy something VAT-able as a consumer in the EU, VAT has to be paid once, and that's generally in the country it is bought from. So you pay the price with VAT added, and that's all you have to say.Gassing Station | Finance | Top of Page | What's New | My Stuff