Buying from US to UK import tax
I think pretty much everything gets checked, you can try and reduce the impact by getting the shop to declare a lower value on the invoice, but then you rtun the risk that if it gets damaged or lost in transit you’ll only be insured for the declared value. You’ll typically pay VAT, import duty which I think is around 8%, and a clearance charge or handling fee of about a tenner.Posted 9 years ago
With the current crap exchange rate, I would think it’s only worth doing if it’s kit you can’t get here.
Don’t forget warranty might be an issue too.
It’s the VAT which ultimately is the killer. There’s the handling fee (Parclefarce is the worst) plus the duty (make sure you don’t have the complete bike, it’s less on parts), then the VAT goes on top of all that.
You can ask your seller to mark the value low. This will only get you paying less duty and only a little less VAT.
Or, you can get your seller to mark its value $0.99. That way it will come through with no charges at all. Of course there is risk in this, different couriers more or less. USPS probably the most, FedEx the least.
Otherthing make sure your seller knows what he’s doing. I had some idiot send two Niner frames without custom lables on! You can guess what a balls up that turned out to be.
Oh, MOST IMPORTANTLY OF ALL. Pay by credit card, and that way youre totally safe if it doesn’t turn up.Posted 9 years agoRatfighterMember
Nick, that’s not correct, its the same VAT. I even got charged 22.5% on a GIFT last time. I suppose they based this on the liklihood of anyone actually getting a $500 gift and they even charged the postage an additional 22.5%Posted 9 years ago
total price including Vat & customs charges lifted a $500 bow to $700aracerSubscriber
Though if it was a warranty replacement, arguably its customs value was actually $0 – that sounds totally legit, unlike what others are proposing.
Ratfighter – you were charged correctly, as you pay full taxes on a gift once it is more than £36. The only difference is that with a non-gift you start paying taxes at £18 value.Posted 9 years agoantigeeMember
Bicycle frame $1.00
well that’s wot its worth innit
know a guy paid more than it costs for a car for a new bike – that’s one without a motor – guess wot! no f’ing pedals!
used to do warranty stuff / technical investigations sometimes customs got interested most of the time accepted it
think if you screw around with the value it still helps to get the shipping invoice to be correctly coded – there are things called commodity codes or try google TARIC database – these should be quoted on the invoice or whoever does the customs clearance will guess it – so on parts you might get coded as a full bike and pay more or it might just get a random guessPosted 9 years agosherryMember
I had a friend who flew to America with a bike bag without a bike in it, just all his hoiliday gear. Bought a bike, done some biking out there and brought it back with no prob. If your going for a holiday in the states its a good idea. Granted you will pay more for the bike bag when flying but it will save you money on tax and import duty in the long run.Posted 9 years agobreatheeasyMember
Would you really want to risk sending $2000 worth of kit halfway around the world and declaring it’s only worth a couple of quid on the form. If it goes missing/broken then you’ve lost an awful lot of money – the bike firm ain’t gonna stump up and send you a new frame, they’re just gonna claim compensation off the courier. And why should they risk getting caught and fined just so you can get stuff cheaper – I can see why they’d not want to mark it’s value down for you.
Stuff I’ve imported has been cheaper but nothing like a ‘bargain’. And if it goes bang then potentially it’s not warrantied over here, you might have to send it back to the states.Posted 9 years ago
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