Import duty. What's the deal ?

[Slippydiff]

Gentlemen, I'm considering importing an eleven year old car from Australia back to the UK.
Can anyone tell me how the import duty is calculated ? Are there differing bands dependant on age and value or is it a fixed percentage irrespective ?

Does anyone have a recommendation for a shipping agent ?

[D_G]

Basically goes like this:

Cost of car + 10% import duty + shipping + VAT

Penguin shipping in Southampton by far the best agent I have used, speak to Linda.

[Slippydiff]

D_G said:

Basically goes like this:

Cost of car + 10% import duty + shipping + VAT

Penguin shipping in Southampton by far the best agent I have used, speak to Linda.

Thanks DG, much appreciated.

[thegoose]

D_G said:

Basically goes like this:

Cost of car + 10% import duty + shipping + VAT

Penguin shipping in Southampton by far the best agent I have used, speak to Linda.

You pay duty on the shipping, so it goes like this:
Cost of car + shipping + 10% import duty + VAT.

So if the car is £10,000 and shipping is £2000:
(10,000 + 2,000) x 110% = £13,200
13,200 x 120% = £15,840

Although, if you're paying a UK shipping company it may be different i.e. you won't pay duty on the shipping cost.

[DAB964RS]

Slippydiff said:

Gentlemen, I'm considering importing an eleven year old car from Australia back to the UK.

I'm curious, what are you considering buying Slippydiff?

[Slippydiff]

DAB964RS said:

I'm curious, what are you considering buying Slippydiff?

Hi David, you have PM.

[khushy]

drive it back through the Chunnel - re-register it via the DVLA - £25 later - sorted

[Slippydiff]

khushy said:

drive it back through the Chunnel - re-register it via the DVLA - £25 later - sorted

?

[markmullen]

khushy said:

drive it back through the Chunnel - re-register it via the DVLA - £25 later - sorted

Austalia? bloody long tunnel

[all2ofme]

Would sound amazing, though!

(Pity you can't get the Australian luxury tax back, Slippy)

[AndrewD]

Dvla will want to see hmrc forms to show duty etc if relevant has been paid before they register it. And you'll probably need certificate of mutual recognition?

[DiscoColin]

Slippydiff said:

Gentlemen, I'm considering importing an eleven year old car from Australia back to the UK.

When you say back there did you mean repatriating a car formerly taxed in the UK that was shipped to Aus or just that you are bringing an Aussie car up here? And does it make a difference either way anyone (just curious)?

[Slippydiff]

DiscoColin said:

When you say back there did you mean repatriating a car formerly taxed in the UK that was shipped to Aus or just that you are bringing an Aussie car up here? And does it make a difference either way anyone (just curious)?

Just bringing an Ausssie car up here.
Not going to happen anyway, overpriced compared with the equivalent car here, plus import duty, vat and shipping. No way Pedro

[turbo964]

Slippydiff said:

Just bringing an Ausssie car up here.
Not going to happen anyway, overpriced compared with the equivalent car here, plus import duty, vat and shipping. No way Pedro

Can't see how it could be financially worthwhile with the current exchange rate. On the other hand if you own a car here for a year then take it to Aussie you can make a tidy profit.