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Musthaveaname

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  1. Like
    Musthaveaname reacted to Panda6Pack in ✨ From South Korea - Next of the 2 oz Stackables - Hamsa Hand of Fatima - Part Two   
    These are finally in, price confirmed at £67 in capsule plus p&p of your choice. I'll contact those who ordered. 
    Thanks. 



  2. Like
    Musthaveaname reacted to BackyardBullion in The future of silver, VAT and import charges into the UK now a Deal has been done!?   
    If there is a similar thread or the merging of threads needs to be done, mods please just go ahead. 
    So, a deal has been done (yet to be approved mind you but we will cross that bridge if/when we need to). 
    The deal grants access to the Single Market and free trade. 
    It is important to understand that free trade and single market IS NOT the same as the old rules. Border checks will happen much more now when importing to the UK and the golden (well actually SILVER question) is will we be able to buy goods from Europe and import them to the UK and NOT pay VAT. 
    My thoughts are it will be a while before we have an answer to this - the following are some of the questions/thoughts I have about things. 
    The UK has left the EU but has access to the single market and free trade. This means no Tariffs at the border. Tariffs are NOT the same as VAT. 
    When a seller sells something to the UK it could/should/will be treated as a sale outside the scope of VAT. 
    But the UK still has (and will have for a while because it is a huge revenue earner) a VAT system. 
    VAT systems are designed to keep business in a certain country rather than having other countries undercut their ability to do business. 
    When goods enter the UK they are coming from outside the UK so in theory VAT could be applied. You have not already paid VAT because in theory the seller country did not need to charge you VAT in the first place. 

    I see all of this as hypothetical based on how the UK's VAT system will link or not link with the EU's system. 
    So, just because there is a deal this does not mean VAT free silver still for us. 
    Any thoughts/info from anyone more "in the know" would be much appreciated!
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