i know this has been done to death but can someone point me in the right direction to work out what the cost would be to bring in a Lynskey 9they will value the beast at $1400
my usual contact don't do lynskey..grrrrrr
You'll pay duty and tax on the total cost, which includes the postage.
So, let's say that your frame is $1500 posted, you'll pay 5% import tax. It's now $1575. You'll then pay a further 17.5% VAT, so it's now $1850.62
It's also likely that the courier will charge you a fee for paying the tax, so you'll get a bill from them, which will be taxable as well.
Hope that helps.
Duty/VAT will be worked out in £ though won't it, so little bit more?? (could be wrong)
I should say, the 5% duty is based on bike parts. If they consider it to be a full bike, it'll be 15% which means the total price would come out at $2026.87
Clink - Member
Duty/VAT will be worked out in £ though won't it, so little bit more?? (could be wrong)
Hmmm, I might be wrong but I'm not sure how that would work? 10% of $1500 is the same as 10% of £1000 in monetary terms, assuming an exchange rate of 1.5%... Surely it doesn't matter if you convert before or after?
What about getting it sent to an American resident and getting them to send it over
Yeah, no import or VAT if you know someone on an American base with an APO address... 😉
tree-magnet - right.
Or, go over with a clunker and return with a shiny new Lynskey in your bike bag instead?
Courier fees - ugh!
M6TTF - Member
What about getting it sent to an American resident and getting them to send it over
You'll still have to pay duty and VAT on that, as it's over the gift limit (about 100 euros I think). Unless you lie. And that'd be bad.
Or, go over with a clunker and return with a shiny new Lynskey in your bike bag instead?
Why?
I really don't believe anyone checks that your taking a bike out - if you're going to walk through the green channel with it just do it