Exporting to the UK
Discussion
I have had the pleasure of being bequeathed a nice car. Although from Jersey I now live in the UK.
I am lucky enough to have a nice car already, and the ultra-low mileage on the car would make it highly desirable I suspect.
So, if the car is 8 years old. And I will have officially only owned it for a month or so, does anyone know what HMRC might want from me? If too much I will sell in the Channel Islands.
I have perused HMRC's website and called a couple of times, and never had a straight, clear answer. One person said to just export and see what I had to pay when I landed. Nice!
Thanks for any info!
WK
I am lucky enough to have a nice car already, and the ultra-low mileage on the car would make it highly desirable I suspect.
So, if the car is 8 years old. And I will have officially only owned it for a month or so, does anyone know what HMRC might want from me? If too much I will sell in the Channel Islands.
I have perused HMRC's website and called a couple of times, and never had a straight, clear answer. One person said to just export and see what I had to pay when I landed. Nice!
Thanks for any info!
WK
I've had similar scenarios for customers when importing on their behalf...It's very much dependant on the cars history.
If the car was originally an EU/UK delivered vehicle then shipped to Jersey, then you'll on the whole be OK as VAT would have hopefully been paid originally.
Worst case 30%
- 10% duty on vehicle value + your shipping costs
- 20% on the above (Vehicle value & Shipping)
Best case 0%
...If you need a hand or help placing, drop me a message and I'll see how I can help.
If the car was originally an EU/UK delivered vehicle then shipped to Jersey, then you'll on the whole be OK as VAT would have hopefully been paid originally.
Worst case 30%
- 10% duty on vehicle value + your shipping costs
- 20% on the above (Vehicle value & Shipping)
Best case 0%
...If you need a hand or help placing, drop me a message and I'll see how I can help.
I hadn't noticed someone had kindly replied, hence the long delay.
The car was originally delivered to Guernsey. Thence to Jersey for the last years.
How's best to find out the answer?
If I lose 30% to HMRC, but lose 20% in Jersey sale it stays where it is. But if nothing, or little to HMRC then I import it.
I am struggling to find out what to do!
The car was originally delivered to Guernsey. Thence to Jersey for the last years.
How's best to find out the answer?
If I lose 30% to HMRC, but lose 20% in Jersey sale it stays where it is. But if nothing, or little to HMRC then I import it.
I am struggling to find out what to do!
WhizzKid said:
I hadn't noticed someone had kindly replied, hence the long delay.
The car was originally delivered to Guernsey. Thence to Jersey for the last years.
How's best to find out the answer?
If I lose 30% to HMRC, but lose 20% in Jersey sale it stays where it is. But if nothing, or little to HMRC then I import it.
I am struggling to find out what to do!
It varies on a few more factors...The car was originally delivered to Guernsey. Thence to Jersey for the last years.
How's best to find out the answer?
If I lose 30% to HMRC, but lose 20% in Jersey sale it stays where it is. But if nothing, or little to HMRC then I import it.
I am struggling to find out what to do!
If you have the original Bill of Sale on the car, that should confirm 0% vat due to it being delivered new to Guernsey.
IF the above is confirmed...Then yes it is susceptible to 20% vat
However IF the car is over 25yrs, then there is potential for it to be brought in under a certain clause which means it's then 5% vat.
IF the car was manufactured within an EU country - No import duty.
If the car was manufactured outside of the EU (America for example) - Then 10% duty also applies.
I've just exported a Guernsey car to the UK. The facts are that even if VAT had been paid on the car in any European country and then the car exported to the CI (or any non EU country as it happens) if the car is being (re) imported into the UK, unless you exported it in the first place (the key condition amongst several others) you'll have to pay 20% VAT plus import duty (I recall this is a small amount). For a car on which no VAT has ever been levied, the same applies.
In essence it's impossible to avoid VAT unless you exported the car to Guernsey in the first place and still own the car...and that the time between export and import is less than 3 years...
HMRC rules are under something named 'Notice 3'.
So EU cars sold to US, Australia, HK, Singapore etc all attract VAT upon (re-import) .
In essence it's impossible to avoid VAT unless you exported the car to Guernsey in the first place and still own the car...and that the time between export and import is less than 3 years...
HMRC rules are under something named 'Notice 3'.
So EU cars sold to US, Australia, HK, Singapore etc all attract VAT upon (re-import) .
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