Imports
Quote:
Originally Posted by boystrom
I thought if the bike (from non EU) was at least six months old there was no import tax?
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Nope.
I think the 6 month thing is for people going to another EU country with the specific intention of buying a new bike/car. You can buy a bike, free of tax in say, Germany. You must then export it within 6 months (or stump up the taxes). If you then take it to the UK, (after 5 months), its liable to VAT because you dont have a VAT paid receipt.
The requirement is that tax must have been paid to an EU state to be free of tax in another EU country.
If you import from the US, the chancelor would not have had his pound of flesh so at a minimum, it's liable to VAT.
I don't know if there's an age at which tax is not liable.
John
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Nostradamus Ate My Hamster
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