General > General Technical Chat
UK abolishes <£15 VAT free imports. EU to follow.
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SilverSolder:

--- Quote from: Fraser on January 27, 2021, 09:12:46 pm ---The issue of VAT (and possibly DUTY) being applied to imports to the UK from the EU was discussed on the BBC "The One Show" evening chat program today. One thing that was mentioned that caught my ear was the case of a person buying some £300 shoes for a discounted price of £70 from the EU and getting clobbered for VAT, Duty and Processing Fees by the courier. Apparently the value of the item dictates whether the VAT is collected by the seller or courier .... sounds simple except that the "value" is the RRP and not a discounted price ! That meant the shoes were considered to have a value of £300 when it came to who collected the VAT. The courier charged a large chunk of money for paperwork fees. Something to be aware of. Thankfully the VAT is charged on the amount paid and not the notional RRP Value !

Fraser

--- End quote ---

And don't forget, Customs officers have the power to assign notional value to anything - no matter what the paperwork says.  E.g. if they think the Lamborghini Countach you are importing with a declared value of $45 doesn't sound reasonable, they can always up it!  :D
Monkeh:

--- Quote from: Fraser on January 27, 2021, 09:12:46 pm ---The issue of VAT (and possibly DUTY) being applied to imports to the UK from the EU was discussed on the BBC "The One Show" evening chat program today. One thing that was mentioned that caught my ear was the case of a person buying some £300 shoes for a discounted price of £70 from the EU and getting clobbered for VAT, Duty and Processing Fees by the courier. Apparently the value of the item dictates whether the VAT is collected by the seller or courier .... sounds simple except that the "value" is the RRP and not a discounted price ! That meant the shoes were considered to have a value of £300 when it came to who collected the VAT. The courier charged a large chunk of money for paperwork fees. Something to be aware of. Thankfully the VAT is charged on the amount paid and not the notional RRP Value !

Fraser

--- End quote ---

That's nonsense, the value of the goods is the price paid.
Fraser:
I agree, but that is what apparently happened  :-//
Towger:
The VAT and DUTY were to be expected as part of brexit. What suprises me more is the likes of M&S not knowing of the country of origin rules.  I knew them, yet their professional buyers were cought on the hop.

But my biggest complaint is the eBay search engine still thinks the UK is in the European Union. With the extra charges, unless the item is less than €22 inc P+P, buying from France, German etc is far cheaper.
petematthews:
In case anyone else is interested, LCSC (cheap components supplier) have confirmed via email they will be dealing with UK VAT, which is great :)


--- Quote ---Good day. Thanks for contacting us.
Please rest assured! I confirm with our leaders that the registration for a VAT/EORI number is under processing now. However, it may cost 6 weeks as we are informed.
Please keep close attention to LCSC.
Thank you.
--- End quote ---

Woo! Thanks folks :)
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