Pharrel

Can somebody help me on this one?

I live in belgium and gonna buy some stuff in the UK for my S2k, exhaust, header and lowering springs.
I'm driving up there myself, but what if I go back thru costums? Do I have to pay VAT again?!?
And do I have to clear these items in? I have a tax-number cause I own a shop can I reduse the VAT the other costs?

thanks guys...

User 11317

If you have a store and you are VAT registered.
Give the seller (I presume another retailer) your VAT number and have the goods invoiced to your store.
Free trading of goods within the EU means no VAT at source but only if billed to a valid vat number.

You may have to tell the retailer as many don't know because they don't trade outside their country often.

You would only pay vat after collection (i.e. you sell on the goods) if you never do so you'll be free of vat.

Don't be confused by the TAX FREE scheme which is for non-member states, and goods sold to people who are not resident in the UK for more than 3 months and the goods are leaving the UK.
EU country to country VAT not charged, not VAT refunded.

Pharrel

Thanks for the help, I'll call my retailer tomorrow and tell him that. hope that he knows this too.

AquilaEagle

What stuff you buying?

Pharrel

I'm gonna buy some HKS parts for my S2000, parts like
exhaust, header, lowering springs, and if the price is right an intake too. A guy in London that has a shop made me a nice price for it.

Siepel

In principle, if you have paid VAT in one of the EU member states, you don't have to pay it again in another EU member state. (At least this is the case in the Netherlands).

Just call up your customs 'helpdesk' and ask!


Siepel