Importing/shoping pros&cons

[stesrg]

Hi there, I have found a truck in Australia and would like to import it but do not have a clue can anyone throw son light on this and point me in the right direction ?
Thanks in advance
Ste.

[ARAF]

Whatever price it is, convert to Sterling at 2.0859/£ then add £3500 for shipping to the value, then work out 22% of what you have, and this will be your duty.
Next, add the duty to the previous figure, and work out 20% - which will be your VAT.

Add the duty, the VAT, the shipping costs, and about £3k for SVA to your original price, and if it still seems cheap, start looking at shipping lines to bring it across for you.

[stesrg]

Good grief it's only a 1980 old Toyota think it would be cheaper to drive it back :-(
Ste.

[Phillphill]

As Araf says. Shipping quotes I have had recently to give you an idea are £1000 for roro and roughly £2200 container. Both inc port fees either end but not getting the car to or from the ports

[ARAF]

stesrg said:

Good grief it's only a 1980 old Toyota think it would be cheaper to drive it back :-(
Ste.

Ah, well that's a bit different. 0% duty and 5% VAT with a binding tariff agreement, which will cost around £50 - as long as it's being imported for occasional use on the road - to and from shows and is original - brakes, engine, interior, steering and axles (when it arrives).
SVA is a lot easier too, so won't cost as much.

[stesrg]

ARAF said:

Ah, well that's a bit different. 0% duty and 5% VAT with a binding tariff agreement, which will cost around £50 - as long as it's being imported for occasional use on the road - to and from shows and is original - brakes, engine, interior, steering and axles (when it arrives).
SVA is a lot easier too, so won't cost as much.

Ohh that's better all I need now is recommendations off shipping company from oz to Southampton :-)

Ste.

[vxr2010]

ARAF on this topic I had a part bought in from Hong Kong , vat charge that I understand , there was an 8£ charge from parcel force on top , reading up it appears they should not do that is that the case ? As you are in the know

[ARAF]

That will be their administration charge, for completing the Customs declaration. I charge a lot more than that, but usually clear lorries full of stuff, rather than just one item.