General > General Technical Chat

BREXIT - what it means for small manufacturers

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bd139:
That’s not unusual though. I had a tax investigation in 2007 after following their advice  :palm:

SilverSolder:

--- Quote from: fcb on January 24, 2021, 02:12:42 pm --- :palm: :palm: :palm: https://www.bbc.co.uk/news/business-55786974  :palm: :palm: :palm:

To further add to the total balls-up that is BREXIT.

--- End quote ---

It's not as if people weren't warned.

It's the price of sovverinty, innit? - as long as someone else bears the cost, they are OK with it!  :D

Keith956:
Anyone bought anything from China in the last couple of weeks? I'm looking at a Micsig dp10007 that is £148, says postage free from Shenzhen, however it's not clear if I'm going to be hit for customs duty/ 20% VAT etc?

fcb:
You'll most likely have to pay both VAT, some Duty and a handling charge (possibly two) for VAT/Duty.

My guess is something like : £29.60 VAT, £11.00 VAT handling charge, £11.00 duty and another £11 Duty handling/clearing charge - so perhaps another £63 payable locally.

Or buy it from Telonic in the UK for £174.00 (incl. VAT and delivery). :phew:

As the item is over £135 value the seller has no option/ability to charge you VAT at source I believe.

bd139:
Yeah a lot of people don’t seem to notice Telonic. Turns out a lot more cost effective than risking purchase and warranty half way round the globe. Good company too.

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