Job done
-
some bloke
- NON EMMET
- Posts: 9501
- Joined: 27 Jan 2012, 16:14
- Location: Leicester mostly but DEEP S.West sometimes
Job done
Sorry about the coffee stains - its my 'go to' mug and currently in use.
-
fizzbangwhallop
- Posts: 2613
- Joined: 18 Oct 2011, 11:27
- Location: north herts
Re: Job done
‘Oooooooooo bloody ray!
A correct grip on the butt & cheekweld is imperative for accurate shooting.
Re: Job done
I'm very glad that a deal has been reached - but it only covers 20% of our trade with Europe - i.e goods
It doesn't cover the 80% of our trade which comes from services, and I honestly don't know if negotiations about that have even started yet.
It appears that there will be no tariffs or quotas for goods traded between the UK and the EU (and that's very good), but that there will be a considerable amount of paperwork needed for goods to move between "us and them" that has never been needed when we we in the EU
As someone who has been self employed for over 25 years and has sold goods and services all over the world (including the EU), I sincerely hope that the extensive paperwork needed to trade with some countries does not become the norm when trading with the EU
I'm not going to get into an argument about whether or not we should have left the EU - it's a reality and we have to deal with it as best we can.
When Covid eventually subsides to a level where holidays to EU countries become viable again,remember to have the best travel insurance you can afford because the European Health insurance Card (EHIC) - which gives free or reduced rate medical care in all EU countries- may not be valid from 1 January 2021
Cheers
Bruce
It doesn't cover the 80% of our trade which comes from services, and I honestly don't know if negotiations about that have even started yet.
It appears that there will be no tariffs or quotas for goods traded between the UK and the EU (and that's very good), but that there will be a considerable amount of paperwork needed for goods to move between "us and them" that has never been needed when we we in the EU
As someone who has been self employed for over 25 years and has sold goods and services all over the world (including the EU), I sincerely hope that the extensive paperwork needed to trade with some countries does not become the norm when trading with the EU
I'm not going to get into an argument about whether or not we should have left the EU - it's a reality and we have to deal with it as best we can.
When Covid eventually subsides to a level where holidays to EU countries become viable again,remember to have the best travel insurance you can afford because the European Health insurance Card (EHIC) - which gives free or reduced rate medical care in all EU countries- may not be valid from 1 January 2021
Cheers
Bruce
LAND ROVER - THE WORLD'S WORST 4X4 BY FAR
Re: Job done
Hi.
Does anybody know, if I will have to pay VAT in UK, or in my country, (EU) after 1.1.2021?
Bruce, it seems to me, that you will most likely know the answer.
Cheers
Does anybody know, if I will have to pay VAT in UK, or in my country, (EU) after 1.1.2021?
Bruce, it seems to me, that you will most likely know the answer.
Cheers
Re: Job done
You'll need to explain your circumstances in a bit more detail but, in general if you are in the EU and buy goods from a company in the UK then that company should not charge UK VAT on any goods they supply you with.
However, When the goods arrive in your country you should pay VAT at whatever the rate is in your country.
The UK/EU agreement states that there will be no duty payable on goods being sold between the UK and the EU
Similarly, If I buy goods from an EU country, the seller should not charge VAT, but I should pay VAT at the UK rate when the goods arrive in the UK.
Cheers
Bruce
However, When the goods arrive in your country you should pay VAT at whatever the rate is in your country.
The UK/EU agreement states that there will be no duty payable on goods being sold between the UK and the EU
Similarly, If I buy goods from an EU country, the seller should not charge VAT, but I should pay VAT at the UK rate when the goods arrive in the UK.
Cheers
Bruce
LAND ROVER - THE WORLD'S WORST 4X4 BY FAR
Re: Job done
And if you send a unit back to UK for servicing etc. you should probably make some kind of declaration to your home country customs, so you won't have to pay the VAT again when it comes back.
There might also be some local limit for smallest amount of VAT that's charged. Currently in Finland it's 5 Euro but that's including postage. So if the total value of shipment falls below 21 Euro or so, no VAT is charged (general VAT rate being 24%, for something like books it's lower so total value can be greater until VAT is charged).
There might also be some local limit for smallest amount of VAT that's charged. Currently in Finland it's 5 Euro but that's including postage. So if the total value of shipment falls below 21 Euro or so, no VAT is charged (general VAT rate being 24%, for something like books it's lower so total value can be greater until VAT is charged).
Re: Job done
I regularly receive equipment for calibration and/or repair from customers based outside the EU.
Sometimes the goods simply arrive and no VAT is charged, sometimes the goods have to be customs cleared by my freight agent and on these shipments, VAT is charged (which I reclaim because I am VAT registered)
In both cases, a commercial invoice will be needed.
Typically, the invoice will include some or all of the following information:
Description of the goods(e.g PARD NV008 video camera, serial number xxxx) and a value (keep it low)
A statement giving the country of origin and that duty has been paid in the country of the sender, that the goods are being returned to the UK on a temporary basis for repair/calibration and that they will return to the senders country after repair/calibration. The HS code for the goods.
If a courier such as DHL, FEDEX, UPS etc is used, their websites normally allow you to create a suitable invoice at the time of making the booking and which will accompany the shipment
Cheers
Bruce
Sometimes the goods simply arrive and no VAT is charged, sometimes the goods have to be customs cleared by my freight agent and on these shipments, VAT is charged (which I reclaim because I am VAT registered)
In both cases, a commercial invoice will be needed.
Typically, the invoice will include some or all of the following information:
Description of the goods(e.g PARD NV008 video camera, serial number xxxx) and a value (keep it low)
A statement giving the country of origin and that duty has been paid in the country of the sender, that the goods are being returned to the UK on a temporary basis for repair/calibration and that they will return to the senders country after repair/calibration. The HS code for the goods.
If a courier such as DHL, FEDEX, UPS etc is used, their websites normally allow you to create a suitable invoice at the time of making the booking and which will accompany the shipment
Cheers
Bruce
LAND ROVER - THE WORLD'S WORST 4X4 BY FAR
Re: Job done
I hoped, that brexit agreement will keep the same VAT system, as it was now.
Unfortunately VAT in my country is 22%, which makes any purches from UK more expensive now. Plus I don't know at what amount I will have to pay additional customs.
Unfortunately VAT in my country is 22%, which makes any purches from UK more expensive now. Plus I don't know at what amount I will have to pay additional customs.
Re: Job done
You will not have to pay any additional customs.
the Brexit agreement is that there will be no tariffs (duty) on good sold between the UK and EU
If VAT is 22% in your country then you may have to pay 2% more than before - or you may get lucky and not have to pay any VAT at all if the UK seller doesn't charge you VAT and customs in your country doesn't "catch" the goods when they enter your country
Cheers
Bruce
the Brexit agreement is that there will be no tariffs (duty) on good sold between the UK and EU
If VAT is 22% in your country then you may have to pay 2% more than before - or you may get lucky and not have to pay any VAT at all if the UK seller doesn't charge you VAT and customs in your country doesn't "catch" the goods when they enter your country
Cheers
Bruce
LAND ROVER - THE WORLD'S WORST 4X4 BY FAR