vat on Ferrari first registered in Germany, Japan import
vat on Ferrari first registered in Germany, Japan import
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jaisharma

Original Poster:

1,536 posts

213 months

Wednesday 16th September 2015
quotequote all
Hello all,
I am importing a Testarossa from Japan. it was first registered in Germany in 1988 and then exported to Japan. I had the German registration confirmed by Ferrari.
It won't be liable for import duty as it is EU manufactured but my question relates to the VAT. I understand that if the car was already registered in Germany I would not need to pay VAT again. But it seems that I might have to pay VAT - the reasons are unclear .
It seems unfair that VAT would have to be paid on an time that has already had VAT paid once. Does anyone have any experience of this?
I will obviously take this up with HMRC too
It won't qualify for the 5% historic vehicle rate it seems, either.
Thanks

Heunique

1 posts

134 months

Thursday 17th September 2015
quotequote all
its highely likely that the vat was originally reclaimed when exported to japan,

registration means nothing really on vat status

jaisharma

Original Poster:

1,536 posts

213 months

Thursday 17th September 2015
quotequote all
Thanks