06-09-2013, 08:49 PM | #1 |
Drives: 2010 camaro SS/RS Join Date: Dec 2012
Location: swaffham UK
Posts: 370
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Paying VAT on an Import?
one more question guys. The military is paying to have my camaro brought into the UK. But my damn wife wants to bring her 1973 VW beetle convertable. I have a shipping qoate of 900 US dollars to bring it into south hampton UK..What did you guys have to pay when it hits UK soil? VAT? Customes?
any help would be great |
06-10-2013, 06:42 AM | #2 |
Drives: Delorean DMC12, Camaro SS Join Date: Apr 2013
Location: Derbyshire
Posts: 333
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Hi, You have to pay 10% import duty on the value of the car, plus 20% VAT on everything on top of that.
So say for example car is worth 10K, you pay duty on car making it 11k, plus $900 shipping, making $11,900, plus 20% vat $2380, total = $14280 |
06-10-2013, 08:16 AM | #3 |
Drives: Bentley Continental GT. Join Date: Aug 2010
Location: Boston, Lincolnshire, England
Posts: 1,022
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Don't those figures alter, if you have owned the vehicle for 12 months or so before importing? I found this, it it helps : https://www.gov.uk/importing-vehicle...outside-the-eu. Sounds like good news for you Scites.
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06-10-2013, 10:17 AM | #4 |
Drives: Delorean DMC12, Camaro SS Join Date: Apr 2013
Location: Derbyshire
Posts: 333
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Yeh, could be, I think if you have owned it & have the proof, for more than a year you may get around the duty.
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06-10-2013, 03:13 PM | #5 |
Drives: 2010 camaro SS/RS Join Date: Dec 2012
Location: swaffham UK
Posts: 370
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I think i will be fine, iv owned the Beetle since 2007..
You don’t pay VAT or duty on vehicles imported from outside the EU if you qualify for transfer of residence relief. To qualify you must meet these conditions:
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06-12-2013, 12:40 PM | #6 |
redleader
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Told ya so :-)
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