sham69
New Member
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March 2007
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Buying from USA, by sham69 on Jul 25, 2007 10:23:36 GMT 1, Does anyone know what threshold is for paying VAT when buying art from the US?
Does anyone know what threshold is for paying VAT when buying art from the US?
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babyford
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June 2007
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Buying from USA, by babyford on Jul 25, 2007 10:37:38 GMT 1, Hi Sham 69 - Welcome !! - Are you Jimmy Pursey??? 
Hi Sham 69 - Welcome !! - Are you Jimmy Pursey??? |
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sham69
New Member
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March 2007
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Buying from USA, by sham69 on Jul 25, 2007 10:47:51 GMT 1, No more than Banksy's real name is Banksy or even Robin Banks for that matter.
No more than Banksy's real name is Banksy or even Robin Banks for that matter.
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bond
New Member
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January 2007
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Buying from USA, by bond on Jul 25, 2007 10:51:51 GMT 1, pretty sure it's 17.5 % regardless - plus the post office handling charge -
so if for example your after a morons sepia for about ยฃ 3,500 you'd get clobbered for about ยฃ 600
pretty sure it's 17.5 % regardless - plus the post office handling charge -
so if for example your after a morons sepia for about ยฃ 3,500 you'd get clobbered for about ยฃ 600
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sham69
New Member
๐จ๏ธ 451
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March 2007
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Buying from USA, by sham69 on Jul 25, 2007 11:00:46 GMT 1, Isn't there a non VAT ceiling around the ยฃ100 mark if it's a gift?
Any ideas?
Isn't there a non VAT ceiling around the ยฃ100 mark if it's a gift?
Any ideas?
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Buying from USA, by manchestermike on Jul 25, 2007 12:14:48 GMT 1, If the "gift" is valued (insured!) over ยฃ32 you have to pay VAT
I just bought a print from the US for ยฃ1,600 and paid nearly ยฃ300 in VAT
If the "gift" is valued (insured!) over ยฃ32 you have to pay VAT
I just bought a print from the US for ยฃ1,600 and paid nearly ยฃ300 in VAT
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thwaites
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October 2006
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Buying from USA, by thwaites on Jul 25, 2007 12:20:08 GMT 1, ahhh dont tell me this!
im in the process of buying a beautiful canvas from the US which is costing around ยฃ800, im really worried about VAT now! Am I looking at around ยฃ150, or even more?
ahhh dont tell me this!
im in the process of buying a beautiful canvas from the US which is costing around ยฃ800, im really worried about VAT now! Am I looking at around ยฃ150, or even more?
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Michael Jacob
Artist
Junior Member
๐จ๏ธ 2,049
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October 2006
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Buying from USA, by Michael Jacob on Jul 25, 2007 13:17:19 GMT 1, DONT do it as a gift, unless youre willing to walk away and loss everything if it gets lost or damaged. I know VAT sucks, but knowing its fully insured is worth it!
DONT do it as a gift, unless youre willing to walk away and loss everything if it gets lost or damaged. I know VAT sucks, but knowing its fully insured is worth it!
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Buying from USA, by sand on Jul 25, 2007 13:27:41 GMT 1, Perhaps you could ask the seller to mark the item down as 'personal belongings' on the customs form and thus you can avoid paying customs fees?
My mate did it once on a expensive purchase form the US and completely avoided paying any extra fees..
Worth a go?!
Perhaps you could ask the seller to mark the item down as 'personal belongings' on the customs form and thus you can avoid paying customs fees?
My mate did it once on a expensive purchase form the US and completely avoided paying any extra fees..
Worth a go?!
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poofly
New Member
๐จ๏ธ 490
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September 2006
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Buying from USA, by poofly on Jul 25, 2007 13:30:25 GMT 1, All this VAT & Import stuff is bollocks.
Get it shipped with a proper courier (not USPS or Royal Mail, But UPS or Fedex or DHL) and let them know that its a collactable print and for your own use, and they can get it through with minimal charges.
I just got a signed CND from the States (but the wife ain't happy so I got to sell it again) and when UPS saw it said $8500 value on the side, they called me up, asked me what it was and if it really was worth that much and they got it through customs for ยฃ225. So this VAT & Import Duties stuff is balls. It's collectable artwork and that has different rules to just general goods.
I suggest first speak to HMC&E, and also with your courier, but if done properly your fees will be bugger all (well compared to what you might think it is)
Do your research, cus it'll be worth it....
All this VAT & Import stuff is bollocks.
Get it shipped with a proper courier (not USPS or Royal Mail, But UPS or Fedex or DHL) and let them know that its a collactable print and for your own use, and they can get it through with minimal charges.
I just got a signed CND from the States (but the wife ain't happy so I got to sell it again) and when UPS saw it said $8500 value on the side, they called me up, asked me what it was and if it really was worth that much and they got it through customs for ยฃ225. So this VAT & Import Duties stuff is balls. It's collectable artwork and that has different rules to just general goods.
I suggest first speak to HMC&E, and also with your courier, but if done properly your fees will be bugger all (well compared to what you might think it is)
Do your research, cus it'll be worth it....
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tadghostal
New Member
๐จ๏ธ 491
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February 2007
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Buying from USA, by tadghostal on Jul 25, 2007 18:30:39 GMT 1, I've learned that "posters" are taxed at a much higher rate that "fine art." Considering Banksy is now widely accepted in galleries, has been added to some museums, and sells for truck loads of cash at auction---I'd call it fine art, and be happy with the 5% or whatever VAT is for those goods.
I've learned that "posters" are taxed at a much higher rate that "fine art." Considering Banksy is now widely accepted in galleries, has been added to some museums, and sells for truck loads of cash at auction---I'd call it fine art, and be happy with the 5% or whatever VAT is for those goods.
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wildbill
New Member
๐จ๏ธ 378
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January 2007
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Buying from USA, by wildbill on Jul 25, 2007 18:39:57 GMT 1, ahhh dont tell me this! im in the process of buying a beautiful canvas from the US which is costing around ยฃ800, im really worried about VAT now! Am I looking at around ยฃ150, or even more?
You may get lucky with that canvas and not have to pay quite as much. I'm pretty sure that Originals do not get taxed as much as limited edition prints.
I'd like to know a little bit more about how this all works, like any great law I'm sure there are several loopholes.
I read on here somewhere that there is a way to get a large portion of the 17.5% back. Has anyone had any success with this?
ahhh dont tell me this! im in the process of buying a beautiful canvas from the US which is costing around ยฃ800, im really worried about VAT now! Am I looking at around ยฃ150, or even more? You may get lucky with that canvas and not have to pay quite as much. I'm pretty sure that Originals do not get taxed as much as limited edition prints. I'd like to know a little bit more about how this all works, like any great law I'm sure there are several loopholes. I read on here somewhere that there is a way to get a large portion of the 17.5% back. Has anyone had any success with this? |
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Buying from USA, by bobbymeachamjr on Jul 26, 2007 5:07:02 GMT 1, I think with the proper arrangements everybody would be very happy.
1. Fedex priority intl (1-3 days) for $76 from nyc. As good as it gets.
(or choose next flight/next day - im not sure how much this is)
2. Pack a tube (ie. skinny pow tube) inside one of the thick wide width ones. Fill with tissue and the print is crazy safe.
3. Declare as "gift" with low value.
Believe me the 0.1% chance something can go awry is worth saving 18% on a multi thousand dollar purchase.
I think with the proper arrangements everybody would be very happy.
1. Fedex priority intl (1-3 days) for $76 from nyc. As good as it gets.
(or choose next flight/next day - im not sure how much this is)
2. Pack a tube (ie. skinny pow tube) inside one of the thick wide width ones. Fill with tissue and the print is crazy safe.
3. Declare as "gift" with low value.
Believe me the 0.1% chance something can go awry is worth saving 18% on a multi thousand dollar purchase.
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tadghostal
New Member
๐จ๏ธ 491
๐๐ป 1
February 2007
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Buying from USA, by tadghostal on Jul 26, 2007 10:14:29 GMT 1, Take it that final step, and insert it into a FedEx triangle tube, and you're golden. That is, if you're willing to risk it, regardless of how minor that risk is.
I think with the proper arrangements everybody would be very happy. 1. Fedex priority intl (1-3 days) for $76 from nyc. As good as it gets. (or choose next flight/next day - im not sure how much this is) 2. Pack a tube (ie. skinny pow tube) inside one of the thick wide width ones. Fill with tissue and the print is crazy safe. 3. Declare as "gift" with low value. Believe me the 0.1% chance something can go awry is worth saving 18% on a multi thousand dollar purchase.
Take it that final step, and insert it into a FedEx triangle tube, and you're golden. That is, if you're willing to risk it, regardless of how minor that risk is. I think with the proper arrangements everybody would be very happy. 1. Fedex priority intl (1-3 days) for $76 from nyc. As good as it gets. (or choose next flight/next day - im not sure how much this is) 2. Pack a tube (ie. skinny pow tube) inside one of the thick wide width ones. Fill with tissue and the print is crazy safe. 3. Declare as "gift" with low value. Believe me the 0.1% chance something can go awry is worth saving 18% on a multi thousand dollar purchase. |
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rillo
New Member
๐จ๏ธ 657
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April 2006
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Buying from USA, by rillo on Jul 26, 2007 10:17:35 GMT 1, Take it that final step, and insert it into a FedEx triangle tube, and you're golden. That is, if you're willing to risk it, regardless of how minor that risk is. I think with the proper arrangements everybody would be very happy. 1. Fedex priority intl (1-3 days) for $76 from nyc. As good as it gets. (or choose next flight/next day - im not sure how much this is) 2. Pack a tube (ie. skinny pow tube) inside one of the thick wide width ones. Fill with tissue and the print is crazy safe. 3. Declare as "gift" with low value. Believe me the 0.1% chance something can go awry is worth saving 18% on a multi thousand dollar purchase.
Agree that the fedex giant toblerone is the ultimate for sending prints safely.
Take it that final step, and insert it into a FedEx triangle tube, and you're golden. That is, if you're willing to risk it, regardless of how minor that risk is. I think with the proper arrangements everybody would be very happy. 1. Fedex priority intl (1-3 days) for $76 from nyc. As good as it gets. (or choose next flight/next day - im not sure how much this is) 2. Pack a tube (ie. skinny pow tube) inside one of the thick wide width ones. Fill with tissue and the print is crazy safe. 3. Declare as "gift" with low value. Believe me the 0.1% chance something can go awry is worth saving 18% on a multi thousand dollar purchase. Agree that the fedex giant toblerone is the ultimate for sending prints safely. |
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