usa imports no vat item

[ollie]

i am looking at getting some sails from the usa and was told that there no import duty / vat on them if this is ture what code will it need to be if i can get away with out paying vat or duty will make big big saving just for getting the right code on the box

[Polwart]

mmm... i think you might have been given dodgy information. Sails sold in the UK would be subject to VAT (as far as I am aware) and so I can't see why there would be no import duty on them.

[Mollers]

Import duty and VAT! My ex imports skiwear from Asia and gets hit for every penny. If you lie about the contents of each consignment to pay less import duty the Taxman gets you for making more profit.

[MikeCC]

VAT and duty should be payable.

Items that come by post may slip through the net, but a package of sails will probably come by Fedex or UPS who are well-equipped to levy all charges.

Stating the obvious, if the expected total is still less than UK price, it's a good deal.

[Mollers]

I looked into importing a 30ft Searay out of Galveston, Texas a few years ago. It looked cheap and I liked the idea that it had only been used on a freshwater lake. By the time I'd added all the taxes and shipping it was hardly any cheaper than a similar boat in the UK. That was without going and having a look at the thing. Bought one out of Port Solent in the end.

[codprawn]

Originally Posted by ollie

i am looking at getting some sails from the usa and was told that there no import duty / vat on them if this is ture what code will it need to be if i can get away with out paying vat or duty will make big big saving just for getting the right code on the box

Couldn't you say they are cloth for children's clothing - no VAT on them!!!

[ADS]

Best way to get sails back from the U.S is to find a sailing team that are shipping a container of boats/gear back and then stash them in there, has been done on a set of Norths for a J24.

[Hightower]

How about used items? Do they get hit by duties and taxes.

[Mollers]

Originally Posted by Hightower

How about used items? Do they get hit by duties and taxes.

Yep, anything that is vat applicable is liable once it's come into UK waters be it new or used. If you can prove that you have owned the thing for over 12 months prior to importing it,it is then considered a personal import and not liable. We had all this with a £1m yacht I helped bring to the UK from Hong Kong (not mine I might add ).

[The Garfish]

Originally Posted by Mollulnan

My ex imports skiwear from Asia and gets hit for every penny.

tel im hee neads a beter acowntant.

gArf