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| 1980scotland |
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1980scotland
L Plate Warrior
Joined: 18 Jan 2022
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| Diggs |
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Diggs
World Chat Champion
Joined: 03 Apr 2007
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 Posted: 09:35 - 19 Jan 2022  Post subject: |
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There is a bloke on here who works in the import business. Just don't get him started on the fuzzy-wuzzies!
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Now - Speed Triple, old ratty GS550, GSXR750M
Gone (in order of ownership) - Raleigh Runabout, AP50, KH125, GP125, KH250, CBX550, Z400, CB750FII, 250LC, GS550, ZXR750H1, Guzzi Targa, GSX750F, KH250 x2, Bimota SB6R and counting... |
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| 1980scotland |
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1980scotland
L Plate Warrior
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| A100man |
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A100man
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Joined: 19 Aug 2013
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| Posted: 12:36 - 19 Jan 2022 Post subject: Re: Import used bike from Europe |
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| 1980scotland wrote: | Hi,
First post here, would appreciate your direction!
I am looking to import a couple of used bikes from Europe. Just wondered since the start of the new year and full brexit rules, what exactly would be involved? One is 22 years old, one 34 years old!
Thanks in advance |
Found this - seems legit. Looks like you're in luck with one but less so teh other. Import VAT is the only tax..
European Import
BREXIT - the UK is now out of the EU. The trade agreement in place means you will now have to pay VAT on your import, but no duty.
If the vehicle is over thirty years of age, then the VAT is reduced to 5%
You can avoid taxes if you have owned the car six months, lived outside the UK 12 months, are returning to live here permanently
Otherwise, it will be 20% VAT based on the value of the vehicle you are bringing to the UK.
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Now: A100, GT250A, XJ598, FZ750
Then: Fizz, RS200, KL250, XJ550, Laverda Alpina, XJ600, FZS600 |
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| ThunderGuts |
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ThunderGuts
World Chat Champion
Joined: 13 Nov 2018
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| Posted: 13:46 - 19 Jan 2022 Post subject: Re: Import used bike from Europe |
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| A100man wrote: | | 1980scotland wrote: | Hi,
First post here, would appreciate your direction!
I am looking to import a couple of used bikes from Europe. Just wondered since the start of the new year and full brexit rules, what exactly would be involved? One is 22 years old, one 34 years old!
Thanks in advance |
Found this - seems legit. Looks like you're in luck with one but less so teh other. Import VAT is the only tax..
European Import
BREXIT - the UK is now out of the EU. The trade agreement in place means you will now have to pay VAT on your import, but no duty.
If the vehicle is over thirty years of age, then the VAT is reduced to 5%
You can avoid taxes if you have owned the car six months, lived outside the UK 12 months, are returning to live here permanently
Otherwise, it will be 20% VAT based on the value of the vehicle you are bringing to the UK. |
I also believe, in some circumstances at least, that VAT is payable on the transport costs too (it is on goods imported anyway).
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| 1980scotland |
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1980scotland
L Plate Warrior
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| A100man |
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A100man
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| 1980scotland |
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1980scotland
L Plate Warrior
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Old Thread Alert!
The last post was made 2 years, 90 days ago. Instead of replying here, would creating a new thread be more useful? |
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