The watch is definitely more than £135
I’m certain we pay 20% VAT but do we pay import tax/duty too ?
Yes - importing anything over the value of £135 from a 3rd country results in the imposition of import duty.The watch is definitely more than £135
I’m certain we pay 20% VAT but do we pay import tax/duty too ?
Yep. I've just pre-ordered another DAP from Amazon Japan and again with all customs/VAT/fees its about £170 cheaper than in UK.Yes - importing anything over the value of £135 from a 3rd country results in the imposition of import duty.
Yep. I've just pre-ordered another DAP from Amazon Japan and again with all customs/VAT/fees its about £170 cheaper than in UK.
Neither of those are in the EU are theyOh yes, even with fees it can still work out much cheaper - I recently bought an iphone from Hong Kong at a much reduced price.
No, so you don't have to be ripped off by leaving EU. Source elsewhereNeither of those are in the EU are they
Neither of those are in the EU are they
Well I bow to your superior knowledge. But I doubt that all the Chinese crap that we are inundated with comes to an individual via the postal service. i suspct the vast majority comes in on containers like most imports.^^^
Either all the EU exporters and UK importers (from the EU), have got it wrong, or you both are overly simplifying things...
Somehow I'd say the latter.
Comparing an individual buying one item from outside the EU, travelling via a postal service, against a UK company importing the varied and multiple consignment items from the EU or even China, bundled in one shipping container, might not be equivalent....
It would of course come that way for bulk items sold via a reseller. However, how many containers from China are delayed and held at customs due to incorrect paperwork from the exporter/importer? Probably a large enough percentage of the the inbound ones to make it someone's permanent job to resolve. Therefore perhaps not as seamless trade as you may want to believe.Well I bow to your superior knowledge. But I doubt that all the Chinese crap that we are inundated with comes to an individual via the postal service. i suspct the vast majority comes in on containers like most imports.
But it is not a problem is it?. So if it is not a problem for Chinese imports I fail to see why it should be an issue for EU imports.It would of course come that way for bulk items sold via a reseller. However, how many containers from China are delayed and held at customs due to incorrect paperwork from the exporter/importer? Probably a large enough percentage of the the inbound ones to make it someone's permanent job to resolve. Therefore perhaps not as seamless trade as you may want to believe.
The UK's full border checks for EU goods has not been implemented yet. Seeing as those EU goods are more likely to be perishable food stuffs, you can see the issue with any delay with lead to problems - hence the reason for postponing the checks - they are not ready to do it now and may still not be in July/Sep/Nov 2022....
Well we don't know it isn't a problem for the Chinese exporters/ UK importers. It's just that it's not news and may have always been that way...?But it is not a problem is it?. So if it is not a problem for Chinese imports I fail to see why it should be an issue for EU imports.
But at least we can now change the Government and change the regulations.
Not until at least 2024, with no real guarantee of any changes specific to import processes/regulations, but it's a useful response when the negative reality of this Governments' actions are discussed.But at least we can now change the Government and change the regulations.
Not until at least 2024, with no real guarantee of any changes specific to import processes/regulations, but it's a useful response when the negative reality of this Governments' actions are discussed.
Hahahah - This isn't going to happen. The millions lost already on non collection of customs duty will not be allowed to continue - those logistics carriers that are bucking the system by non declarations are no doubt rife. The only way is is to rejoin the SM or CU in some fashion. Again not happening for years.
Most Favoured Nation.Well you then come to the question of whether we need Customs Duty. Do you want to replicate Fortress EU in the UK or do you want to be an open free trade economy with the world.
If we wanted to stay behind an external tariff barrier and keep out trade, then we might as well have stayed in the EU.
But that is a domestic political argument now - which is as it should be.
A most-favored-nation (MFN) clause requires a country to provide any concessions, privileges, or immunities granted to one nation in a trade agreement to all other World Trade Organization member countries. Although its name implies favoritism toward another nation, it denotes the equal treatment of all countries.
Most Favoured Nation.