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VAT - Answers from the horses mouth, by dmandpenfold on Nov 20, 2007 20:21:17 GMT 1, hmmmm your spot on...shouldnt listen to the press always inaccurate...
bobby, not sure on the second hand sale, will see what i can rustle up.
hmmmm your spot on...shouldnt listen to the press always inaccurate...
bobby, not sure on the second hand sale, will see what i can rustle up.
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VAT - Answers from the horses mouth, by bobbyt23 on Nov 20, 2007 22:18:31 GMT 1, hmmmm your spot on...shouldnt listen to the press always inaccurate... bobby, not sure on the second hand sale, will see what i can rustle up.
Cheers DM!!
hmmmm your spot on...shouldnt listen to the press always inaccurate... bobby, not sure on the second hand sale, will see what i can rustle up. Cheers DM!! |
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VAT - Answers from the horses mouth, by curiousgeorge on Nov 21, 2007 21:27:45 GMT 1, Assuming a print coming from the States, was originally from for example, POW and VAT had been paid at the original point of sale, then no futher vat or duty would apply. That was direct from the horses mouth, though he was very quick to tell me evidence would be needed
Assuming a print coming from the States, was originally from for example, POW and VAT had been paid at the original point of sale, then no futher vat or duty would apply. That was direct from the horses mouth, though he was very quick to tell me evidence would be needed
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VAT - Answers from the horses mouth, by dmandpenfold on Nov 26, 2007 13:42:02 GMT 1, I've read through the whole of this thread and still cant work it out so: 1) I'm thick 2) If I buy an old Banksy print off e-bay from someone in the US what charges am I looking at? Appreciate anyone who can help me feel less stupid and await the taunts too. 
Bobby sorry for the tardiness of my reply, the answer is pretty much as curiousgeorge says above, the key being that VAT has to have been paid when the print/canvas was sold to the original owner; he/she should have a receipt or in the case of say POW be able to get evidence of VAT payment. Private sales between ordinary members of the public are basically exempt from VAT whether they are UK resident or otherwise, as long as VAT was originally paid.
If the print was sent direct to the USA and no VAT was paid, you could be charged VAT on the full price you paid for it when it was re-imported to the UK. Naturally if its something that has risen in value like a banksy, that would be painful. However plenty of people get away with it because they either don't realise they should pay VAT and customs don't spot them on import or the value of goods is under declared.
If you are buying from a business such as a gallery, that for example bought the piece from the USA and then imported it to the UK for onsale, then something called the 'Margin Scheme' should apply ie if the original owner paid VAT then you should only be charged VAT on the profit made by the seller. Documentary evidence is required for the orginal VAT charges.
The same also goes for print galleries that buy from members of the public in the UK. Because most members of the public are not registered for tax, they cannot claim VAT back, so if a print gallery buys from a private individual and then sells it on at profit, you should only be charged VAT on the profit margin, this avoids double taxation, which is baaaaaad 
hope that helps
I've read through the whole of this thread and still cant work it out so: 1) I'm thick 2) If I buy an old Banksy print off e-bay from someone in the US what charges am I looking at? Appreciate anyone who can help me feel less stupid and await the taunts too. Bobby sorry for the tardiness of my reply, the answer is pretty much as curiousgeorge says above, the key being that VAT has to have been paid when the print/canvas was sold to the original owner; he/she should have a receipt or in the case of say POW be able to get evidence of VAT payment. Private sales between ordinary members of the public are basically exempt from VAT whether they are UK resident or otherwise, as long as VAT was originally paid. If the print was sent direct to the USA and no VAT was paid, you could be charged VAT on the full price you paid for it when it was re-imported to the UK. Naturally if its something that has risen in value like a banksy, that would be painful. However plenty of people get away with it because they either don't realise they should pay VAT and customs don't spot them on import or the value of goods is under declared. If you are buying from a business such as a gallery, that for example bought the piece from the USA and then imported it to the UK for onsale, then something called the 'Margin Scheme' should apply ie if the original owner paid VAT then you should only be charged VAT on the profit made by the seller. Documentary evidence is required for the orginal VAT charges. The same also goes for print galleries that buy from members of the public in the UK. Because most members of the public are not registered for tax, they cannot claim VAT back, so if a print gallery buys from a private individual and then sells it on at profit, you should only be charged VAT on the profit margin, this avoids double taxation, which is baaaaaad hope that helps |
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afroken
Junior Member
🗨️ 1,018
👍🏻 29
February 2009
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VAT - Answers from the horses mouth, by afroken on Nov 26, 2007 16:37:58 GMT 1, I have a question. I am buying a photographic piece in Germany that originated in the States from an American artist. I am being charged the German VAT rate, which is 19%!!
Can I claim this 19% back? Would I then need to pay UK 17.5%? Or do original photographs get charged at 5% also?
It's all very confusing.
I have a question. I am buying a photographic piece in Germany that originated in the States from an American artist. I am being charged the German VAT rate, which is 19%!!
Can I claim this 19% back? Would I then need to pay UK 17.5%? Or do original photographs get charged at 5% also?
It's all very confusing.
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VAT - Answers from the horses mouth, by dmandpenfold on Nov 26, 2007 17:04:23 GMT 1, ouch  unfortunately you cant claim back VAT from another member state, we aint that cosy yet, though if you look into the German rules you may find they have a similar arrangement to the UK where art is taxed only at a lower rate of 5% or there abouts, this isnt standard across the EU by any means.
I am not sure how photos stand as works of art for VAT purposes, the UK 5% VAT exception does exclude any image produced by mechanical or photomechanical processes.
You'd need to check out German rules on exports, but i think VAT exemptions only apply to exports outside the EU and if the gallery aquired the image VAT free, then they are obliged to charge VAT on the full price to you.
I have a question. I am buying a photographic piece in Germany that originated in the States from an American artist. I am being charged the German VAT rate, which is 19%!! Can I claim this 19% back? Would I then need to pay UK 17.5%? Or do original photographs get charged at 5% also? It's all very confusing.
ouch unfortunately you cant claim back VAT from another member state, we aint that cosy yet, though if you look into the German rules you may find they have a similar arrangement to the UK where art is taxed only at a lower rate of 5% or there abouts, this isnt standard across the EU by any means. I am not sure how photos stand as works of art for VAT purposes, the UK 5% VAT exception does exclude any image produced by mechanical or photomechanical processes. You'd need to check out German rules on exports, but i think VAT exemptions only apply to exports outside the EU and if the gallery aquired the image VAT free, then they are obliged to charge VAT on the full price to you. I have a question. I am buying a photographic piece in Germany that originated in the States from an American artist. I am being charged the German VAT rate, which is 19%!! Can I claim this 19% back? Would I then need to pay UK 17.5%? Or do original photographs get charged at 5% also? It's all very confusing. |
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VAT - Answers from the horses mouth, by curiousgeorge on Nov 27, 2007 17:36:03 GMT 1, It's a minefield out there with VAT and DUTY, again from the horses mouth i was told they are certain 1000's of imports are charged at the wrong rate, but people don't have the knowledge to claim back charges wrongly applied.
They are still insisting that stencil work on canvas is not hand made thus does not fall into 5% bracket. Here is the kicker another forum member had his arrive the same week as mine and he was charged the lower rate (ish)
I want parity dagnamit!
It's a minefield out there with VAT and DUTY, again from the horses mouth i was told they are certain 1000's of imports are charged at the wrong rate, but people don't have the knowledge to claim back charges wrongly applied.
They are still insisting that stencil work on canvas is not hand made thus does not fall into 5% bracket. Here is the kicker another forum member had his arrive the same week as mine and he was charged the lower rate (ish)
I want parity dagnamit!
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VAT - Answers from the horses mouth, by dmandpenfold on Nov 27, 2007 19:09:43 GMT 1, cheeky buggers, the stencil was handmade, the canvas was stretched by hand and the artist sprayed the image by hand, how is that any different to jackson pollock throwing paint all over the place
I say pursue the bastards all the way, they take enough of our hard earned cash as it is let alone the money they take wrongfully
It's a minefield out there with VAT and DUTY, again from the horses mouth i was told they are certain 1000's of imports are charged at the wrong rate, but people don't have the knowledge to claim back charges wrongly applied. They are still insisting that stencil work on canvas is not hand made thus does not fall into 5% bracket. Here is the kicker another forum member had his arrive the same week as mine and he was charged the lower rate (ish) I want parity dagnamit!
cheeky buggers, the stencil was handmade, the canvas was stretched by hand and the artist sprayed the image by hand, how is that any different to jackson pollock throwing paint all over the place I say pursue the bastards all the way, they take enough of our hard earned cash as it is let alone the money they take wrongfully It's a minefield out there with VAT and DUTY, again from the horses mouth i was told they are certain 1000's of imports are charged at the wrong rate, but people don't have the knowledge to claim back charges wrongly applied. They are still insisting that stencil work on canvas is not hand made thus does not fall into 5% bracket. Here is the kicker another forum member had his arrive the same week as mine and he was charged the lower rate (ish) I want parity dagnamit! |
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VAT - Answers from the horses mouth, by dmandpenfold on Nov 30, 2007 16:23:50 GMT 1, There was some discussion on the BRP thread the other day about VAT on prints which are exported outwith the UK (or EC), see quote at bottom. After a little investgation I found that overseas customers, eg melmouth in the USA, do not need to be charged VAT and there is no reason why they should be, the requirements for businesses to adhere to VAT regs on this are in fact very simple -
Postal exports made by a business directly to a resident of a country outside of the EC can be zero rated for VAT without any special arrangements.
Therefore if POW, for example, directly posted a print to John Doe living in the USA they do not have to add the VAT amount to the sale, they are able to simply charge the price excluding VAT. If done via a web service this could be easily setup by making the user select country of destination as many websites do.
Several conditions have to be met;
- goods must be exported within 3 months
- evidence that goods were exported must be obtained within 3 months (easy to do as this is a sales invoice and posting documents)
- records of the goods being exported must be kept along with details of the sale (this is easy as the evidence will be kept along with any business VAT return)
- Records must be held for 6 years
For Postal exports the exporter should hold the necessary evidence of posting to an address outside the EC. Again this isnt difficult as you must complete declarations on post being shipped overseas anyway.
(a) Evidence of posting for letter post or airmail (packages up to 2kg)
A fully completed certificate of posting form, presented with the goods for export, and stamped by the Post Office will be your evidence of export. Acceptable forms are:
- Form C&E 132 for single or multiple packages taken to the Post Office. Blank forms may be obtained from our National Advice Service or from our Internet site.
- Form P326 available from the Post Office and used for single packages taken to the Post Office.
Also acceptable is:
- A Certificate of Posting for International Mail, or a Royal Mail Collection Manifest, available from a Royal Mail sales advisor, for use by customers using their Business Collections Service, where the Royal Mail collection driver signs the certificate.
If shipping by other means the evidence the supplier must hold as proof of export, whether official or commercial, or supporting must clearly identify:
- the supplier
- the consignor (where different from the supplier)
- the customer
- the goods
- an accurate value
- the export destination, and
- the mode of transport and route of the export movement.
Vague descriptions of goods, quantities or values are not acceptable. For instance, "various electrical goods" must not be used when the correct description is "2000 mobile phones (Make ABC and Model Number XYZ2000)". An accurate value, for example, £50,000 must be shown and not excluded or replaced by a lower or higher amount.
If the evidence is found to be unsatisfactory the supplier will become liable for the VAT due.
thats it for now, for a full read of the information you can refer to PUBLIC NOTICE 703 Export of Goods section 7.5 is most pertinent, but 3.3 also helps
download link is;
customs.hmrc.gov.uk/channelsPortalWebApp/downloadFile?contentID=HMCE_CL_000130
I think you're going to struggle with this one, the VAT system is quite complicated, I run my own business but as my turnover is below the VAT threshold I'm not registered for VAT therefore I don't charge my customers VAT and I can't claim back VAT on purchases for my business, I could still choose to be VAT registered though if it were a benefit to me (eg if I pay more VAT than I charge) What POW will do is charge everyone VAT and forward this money to customs and excise minus the VAT they've paid for materials and services. Forgive my ignorance on this, but surely POW would be above the VAT threshold? Also, my frustration over this is growing over the lack of communication - we're not even at an argument stage yet. ;D I'll shut up now. I didn't mean to sabotage this thread.
There was some discussion on the BRP thread the other day about VAT on prints which are exported outwith the UK (or EC), see quote at bottom. After a little investgation I found that overseas customers, eg melmouth in the USA, do not need to be charged VAT and there is no reason why they should be, the requirements for businesses to adhere to VAT regs on this are in fact very simple - Postal exports made by a business directly to a resident of a country outside of the EC can be zero rated for VAT without any special arrangements. Therefore if POW, for example, directly posted a print to John Doe living in the USA they do not have to add the VAT amount to the sale, they are able to simply charge the price excluding VAT. If done via a web service this could be easily setup by making the user select country of destination as many websites do. Several conditions have to be met; - goods must be exported within 3 months
- evidence that goods were exported must be obtained within 3 months (easy to do as this is a sales invoice and posting documents)
- records of the goods being exported must be kept along with details of the sale (this is easy as the evidence will be kept along with any business VAT return)
- Records must be held for 6 years
For Postal exports the exporter should hold the necessary evidence of posting to an address outside the EC. Again this isnt difficult as you must complete declarations on post being shipped overseas anyway. (a) Evidence of posting for letter post or airmail (packages up to 2kg) A fully completed certificate of posting form, presented with the goods for export, and stamped by the Post Office will be your evidence of export. Acceptable forms are: - Form C&E 132 for single or multiple packages taken to the Post Office. Blank forms may be obtained from our National Advice Service or from our Internet site.
- Form P326 available from the Post Office and used for single packages taken to the Post Office.
Also acceptable is:
- A Certificate of Posting for International Mail, or a Royal Mail Collection Manifest, available from a Royal Mail sales advisor, for use by customers using their Business Collections Service, where the Royal Mail collection driver signs the certificate.
If shipping by other means the evidence the supplier must hold as proof of export, whether official or commercial, or supporting must clearly identify: - the supplier
- the consignor (where different from the supplier)
- the customer
- the goods
- an accurate value
- the export destination, and
- the mode of transport and route of the export movement.
Vague descriptions of goods, quantities or values are not acceptable. For instance, "various electrical goods" must not be used when the correct description is "2000 mobile phones (Make ABC and Model Number XYZ2000)". An accurate value, for example, £50,000 must be shown and not excluded or replaced by a lower or higher amount. If the evidence is found to be unsatisfactory the supplier will become liable for the VAT due. thats it for now, for a full read of the information you can refer to PUBLIC NOTICE 703 Export of Goods section 7.5 is most pertinent, but 3.3 also helps download link is; customs.hmrc.gov.uk/channelsPortalWebApp/downloadFile?contentID=HMCE_CL_000130I think you're going to struggle with this one, the VAT system is quite complicated, I run my own business but as my turnover is below the VAT threshold I'm not registered for VAT therefore I don't charge my customers VAT and I can't claim back VAT on purchases for my business, I could still choose to be VAT registered though if it were a benefit to me (eg if I pay more VAT than I charge) What POW will do is charge everyone VAT and forward this money to customs and excise minus the VAT they've paid for materials and services. Forgive my ignorance on this, but surely POW would be above the VAT threshold? Also, my frustration over this is growing over the lack of communication - we're not even at an argument stage yet. ;D I'll shut up now. I didn't mean to sabotage this thread. |
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bonesy
Junior Member
🗨️ 1,387
👍🏻 264
July 2006
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VAT - Answers from the horses mouth, by bonesy on Dec 2, 2007 11:22:00 GMT 1, Hi melmouth, The short answer is no you shouldnt be paying UK VAT on prints which are sent direct to you from the supplier in the UK. If you have been charged VAT you should be contacting the supplier (in this case POW) for a refund. If the supplier is taking VAT where it is not due and also failing to declare it to Customs and Excise they are in breach, they are responsible for the refund due to you.
Anyone know the VAT % that us in the US are paying to POW? Im also thinking very few people actually hit them up for this money back and doing so may put you in not such a good light with them. ThoughtS?
Hi melmouth, The short answer is no you shouldnt be paying UK VAT on prints which are sent direct to you from the supplier in the UK. If you have been charged VAT you should be contacting the supplier (in this case POW) for a refund. If the supplier is taking VAT where it is not due and also failing to declare it to Customs and Excise they are in breach, they are responsible for the refund due to you. Anyone know the VAT % that us in the US are paying to POW? Im also thinking very few people actually hit them up for this money back and doing so may put you in not such a good light with them. ThoughtS? |
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VAT - Answers from the horses mouth, by lesbianwednesdays on Dec 2, 2007 11:35:23 GMT 1, in theory bonesy it would be 17.5%, having read this page alone though i think i'll keep out of it and leave it george and dmandp
you can't argue with FACT.
in theory bonesy it would be 17.5%, having read this page alone though i think i'll keep out of it and leave it george and dmandp you can't argue with FACT. |
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VAT - Answers from the horses mouth, by melmoth on Dec 2, 2007 18:09:21 GMT 1, Anyone know the VAT % that us in the US are paying to POW? Im also thinking very few people actually hit them up for this money back and doing so may put you in not such a good light with them. ThoughtS?
Firstly, thanks to dmandp for checking up the last pieces of info - +1 to him whenever I remember!
Addressing Bonesy's point, that's my concern at the moment with POW. I still have two items that I'm waiting for from them, and I don't want to start anything too heavy until I get them.
Anybody had better luck with BRP? Their order summaries are a lot more informative in that they give company and VAT number information. So they appear to be a little more on the ball at least than POW.
I know the procedure for claiming VAT back when I go on holiday. Namely, I keep all the receipts then fill a form in with Customs at the airport when I leave the UK. In the case of these purchases though, you're not actually passing through a customs office. I think that there is a paperwork trail to follow, as I see that there are adverts for companies to take care of the process for you (for a fee of course  ). I don't mind doing the paperwork myself (and thereby avoid the 20% fees), but does anyone have a good starting point for me - the Customs and Excise web-site appears to only have information on claiming it when you leave after a visit.
Anyone know the VAT % that us in the US are paying to POW? Im also thinking very few people actually hit them up for this money back and doing so may put you in not such a good light with them. ThoughtS? Firstly, thanks to dmandp for checking up the last pieces of info - +1 to him whenever I remember! Addressing Bonesy's point, that's my concern at the moment with POW. I still have two items that I'm waiting for from them, and I don't want to start anything too heavy until I get them. Anybody had better luck with BRP? Their order summaries are a lot more informative in that they give company and VAT number information. So they appear to be a little more on the ball at least than POW. I know the procedure for claiming VAT back when I go on holiday. Namely, I keep all the receipts then fill a form in with Customs at the airport when I leave the UK. In the case of these purchases though, you're not actually passing through a customs office. I think that there is a paperwork trail to follow, as I see that there are adverts for companies to take care of the process for you (for a fee of course ). I don't mind doing the paperwork myself (and thereby avoid the 20% fees), but does anyone have a good starting point for me - the Customs and Excise web-site appears to only have information on claiming it when you leave after a visit. |
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VAT - Answers from the horses mouth, by dmandpenfold on Dec 3, 2007 11:21:06 GMT 1, melmouth, i'll check this out, but i am almost 100% certain the rule is if you have been wrongly charged VAT on goods sent to you overseas, then you are entitled to claim those charges back from the vendor, it is up to them to get their records in order for the VAT return, see if i can find any further info.
melmouth, i'll check this out, but i am almost 100% certain the rule is if you have been wrongly charged VAT on goods sent to you overseas, then you are entitled to claim those charges back from the vendor, it is up to them to get their records in order for the VAT return, see if i can find any further info.
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VAT - Answers from the horses mouth, by dmandpenfold on Dec 17, 2007 13:19:47 GMT 1, dmandpenfold - you are a star. Thanks to your first post in this thread I have received a letter today from Rev N U Customs promising to refund me over 40 quid on my Swoon. Happy days and another +1 from me.
Fantastic, i missed this post, glad you got your money back, someone else also got GBP70.00 i found out at the weekend, glad it's been worthwhile.. 
dmandpenfold - you are a star. Thanks to your first post in this thread I have received a letter today from Rev N U Customs promising to refund me over 40 quid on my Swoon. Happy days and another +1 from me. Fantastic, i missed this post, glad you got your money back, someone else also got GBP70.00 i found out at the weekend, glad it's been worthwhile.. |
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VAT - Answers from the horses mouth, by dmandpenfold on Dec 19, 2007 2:23:51 GMT 1, yes and you too monsieur rat, was a pleasure indeed your award presentation skills were of the highest standard, good work indeed, the whole night was very good a nicer bunch of people you couldnt hope to meet
yes and you too monsieur rat, was a pleasure indeed your award presentation skills were of the highest standard, good work indeed, the whole night was very good a nicer bunch of people you couldnt hope to meet |
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afroken
Junior Member
🗨️ 1,018
👍🏻 29
February 2009
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VAT - Answers from the horses mouth, by afroken on Jan 16, 2008 14:26:17 GMT 1, I've sold a print to someone in the States and have agreed that they can return it. It's a pain in the arse, but this is what has been agreed. How do I ensure that VAT is not charged again on re-import?
I've sold a print to someone in the States and have agreed that they can return it. It's a pain in the arse, but this is what has been agreed. How do I ensure that VAT is not charged again on re-import?
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VAT - Answers from the horses mouth, by dmandpenfold on Jan 21, 2008 23:59:49 GMT 1, afroken, sorry for the slow reply, i am away at the moment, i think you should be able to justify it easily. You may need to attach a customs invoice specifying the goods are for return to seller only and VAT has already been paid in the UK (assuming it has) when you originally bought it.
If customs miss info or ignore it for some reason you will need to chase them up through the refund process
afroken, sorry for the slow reply, i am away at the moment, i think you should be able to justify it easily. You may need to attach a customs invoice specifying the goods are for return to seller only and VAT has already been paid in the UK (assuming it has) when you originally bought it.
If customs miss info or ignore it for some reason you will need to chase them up through the refund process
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VAT - Answers from the horses mouth, by arcam on Mar 11, 2008 15:40:23 GMT 1, Parcel force have a cheek.........£8 clearance fee.
Parcel force have a cheek.........£8 clearance fee.
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VAT - Answers from the horses mouth, by dmandpenfold on Mar 20, 2008 11:53:58 GMT 1, yep cheeky bastards indeed, especially as they are usually the pricks who throw your stuff around, however be thankful you havent been touched by UPS, they couldnt deliver a package if their lives depended on it, took them 3 weeks to deliver a package from overseas to me, the parcel took 2 days to reach Glasgow, the rest of the time was spent between there and my house... 
yep cheeky bastar ds indeed, especially as they are usually the pricks who throw your stuff around, however be thankful you havent been touched by UPS, they couldnt deliver a package if their lives depended on it, took them 3 weeks to deliver a package from overseas to me, the parcel took 2 days to reach Glasgow, the rest of the time was spent between there and my house... |
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VAT - Answers from the horses mouth, by fatherxmas on May 2, 2008 21:18:19 GMT 1, So am i right in saying.
If the piece was made in the uk and then shipped for a show in america, when it coems back into the uk it wont need to have vat paid for it
So am i right in saying.
If the piece was made in the uk and then shipped for a show in america, when it coems back into the uk it wont need to have vat paid for it
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VAT - Answers from the horses mouth, by manchestermike on May 3, 2008 10:30:34 GMT 1, So am i right in saying. If the piece was made in the uk and then shipped for a show in america, when it coems back into the uk it wont need to have vat paid for it
You will have to pay the 5% rate on it I think
So am i right in saying. If the piece was made in the uk and then shipped for a show in america, when it coems back into the uk it wont need to have vat paid for it You will have to pay the 5% rate on it I think |
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VAT - Answers from the horses mouth, by dmandpenfold on May 15, 2008 16:55:34 GMT 1, depends on the scenario fatherxmas / MM. If you bought it in the UK, then took it overseas for a show, then brought it back, you will most likely have already paid 17.5% VAT in the UK, so there shouldn't be any further VAT, you will need to provide evidence though on the above.
If it was made here, shipped to the USA for a show by the artist/gallery and sold at the show, then brought back into the UK by the buyer, then yes MM is right, it'll be 5%
depends on the scenario fatherxmas / MM. If you bought it in the UK, then took it overseas for a show, then brought it back, you will most likely have already paid 17.5% VAT in the UK, so there shouldn't be any further VAT, you will need to provide evidence though on the above.
If it was made here, shipped to the USA for a show by the artist/gallery and sold at the show, then brought back into the UK by the buyer, then yes MM is right, it'll be 5%
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annar50
Junior Member
🗨️ 1,957
👍🏻 409
May 2008
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VAT - Answers from the horses mouth, by annar50 on May 16, 2008 14:53:56 GMT 1, i got charged £70 for the greg gossel original on board i got fron dirty pilot in the usa,greg sent it to them ,then they sent it to me,can i claim on this?
i got charged £70 for the greg gossel original on board i got fron dirty pilot in the usa,greg sent it to them ,then they sent it to me,can i claim on this?
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VAT - Answers from the horses mouth, by dmandpenfold on May 19, 2008 12:34:31 GMT 1, where did greg send it from - UK? What VAT rate did Revenue and Customs charge you, also did you pay any customs duties (these are different to VAT)? Need to provide a bit more info
where did greg send it from - UK? What VAT rate did Revenue and Customs charge you, also did you pay any customs duties (these are different to VAT)? Need to provide a bit more info
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annar50
Junior Member
🗨️ 1,957
👍🏻 409
May 2008
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VAT - Answers from the horses mouth, by annar50 on May 19, 2008 17:06:23 GMT 1, greg sent it from the usa to uk. customs charged me £62.67. parcel farce £8.00
greg sent it from the usa to uk. customs charged me £62.67. parcel farce £8.00
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VAT - Answers from the horses mouth, by dmandpenfold on May 20, 2008 13:16:23 GMT 1, right then, as it's an original executed by the artists own hand on board it should have been charged at 5% on entry, plus the parcel farce 'admin fee' of £8.00.
If Revenue and Customs did it right then by my calcs your original cost over a grand, however if they did it incorrectly then your original cost more like £350 in which case you should write to them asking for the work to be re-assessed at the 5% rate and a refund issued as detailed earlier in the thread.
right then, as it's an original executed by the artists own hand on board it should have been charged at 5% on entry, plus the parcel farce 'admin fee' of £8.00.
If Revenue and Customs did it right then by my calcs your original cost over a grand, however if they did it incorrectly then your original cost more like £350 in which case you should write to them asking for the work to be re-assessed at the 5% rate and a refund issued as detailed earlier in the thread.
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VAT - Answers from the horses mouth, by Octopus UK on Jun 11, 2008 18:53:20 GMT 1, Today I got charged a farcel force clearance fee of £13.50!!!
Today I got charged a farcel force clearance fee of £13.50!!!
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VAT - Answers from the horses mouth, by dmandpenfold on Jun 16, 2008 17:40:49 GMT 1, ooh cheeky buggers put the rate up did they?
ooh cheeky buggers put the rate up did they?
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VAT - Answers from the horses mouth, by carnoustieboy on Aug 31, 2008 13:13:43 GMT 1, Great info. It's often overlooked by most places that just slap the 17.5% rate on top to keep their backs covered.
I find it difficult to calculate the VAT rates from a gross figure but this is handy link:
www.taxcentral.co.uk/taxcentral/home/vat/vatcalculator/default.asp
Click the reduced box if you want to calculate net at 5% which is the rate highlighted in the main post here and the 'inclusive of VAT' box if you have a gross figure.
Great info. It's often overlooked by most places that just slap the 17.5% rate on top to keep their backs covered. I find it difficult to calculate the VAT rates from a gross figure but this is handy link: www.taxcentral.co.uk/taxcentral/home/vat/vatcalculator/default.aspClick the reduced box if you want to calculate net at 5% which is the rate highlighted in the main post here and the 'inclusive of VAT' box if you have a gross figure. |
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VAT - Answers from the horses mouth, by dmandpenfold on Sept 30, 2008 12:18:30 GMT 1, handy link there, of course you can always divide by 117.5 (or 105 at the reduced rate) and then multiply by 100 to get the amount net VAT which is helpful if you are not near a computer, but if you're like me you'll need a calculator on your phone or something
handy link there, of course you can always divide by 117.5 (or 105 at the reduced rate) and then multiply by 100 to get the amount net VAT which is helpful if you are not near a computer, but if you're like me you'll need a calculator on your phone or something
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). I don't mind doing the paperwork myself (and thereby avoid the 20% fees), but does anyone have a good starting point for me - the Customs and Excise web-site appears to only have information on claiming it when you leave after a visit.
