Author Topic: Import duty  (Read 1212 times)

Offline MCTID

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Re: Import duty
« Reply #15 on: May 30, 2020, 12:36:12 PM »
The sooner HM Customs and Revenue realise that the Classic Bike market in the UK is worth some £4 BILLION each year (well that's what I read somewhere) and that many British Classic Bike enthusiasts just won't import old parts that are 30, 40, 50 years old because of the crippling Import Duty, unreasonable Handling Charges and VAT, if these unfair charges were removed, the market could actually improve....maybe up to £5 or £6 Billion annual figure might be realistic.

That's a lot of extra cash moving round the UK economy (and overseas I admit) so IMHO it's a 'No Brainer'.........it's just a pity that many of our Senior Civil Servants also appear to have 'No Brains' either !
Now: 2008 CB1300S, CB750K4, 1970 Bonneville. Various other 1960's 650 Triumph T120's/ TR6's/ TR6C's (all in bits...many, many bits unfortunately). Previous: 2007 CB600FA, 1976 CB500 Four. BMW F800ST. GS750E. ZZR1100. CB1300 (2). ZXR1200S. VFR800. CB750 Nighthawk. CX500. XS500 Yam. Suzuki GT500. BSA A10. Various Lambrettas. Zundapp Bella (honest).

Offline sye

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Re: Import duty
« Reply #16 on: May 30, 2020, 01:37:13 PM »
I think you can claim classic bike parts duty back from HMRC but not certain. I imported a vintage Bridgestone from the USA some years ago and didn't pay any duty and 5% Vat. Worth looking into.

 

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