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Amac4691
Reputation Activity
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Amac4691 reacted to Jvw in importing silver
Haaaa, I like to believe so! With my luck they will probably find a way to tax me on import vat while buying locally next.
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Amac4691 got a reaction from harrygill111 in importing silver
I see! The problem for me then is it was going to 5+ kilos, I don’t mind paying the vat but it’s if they stick on import tax and as I dont understand the process it’s not worth paying well over to what they are worth, I suppose the best thing is to ring hmrc (her majesty’s robbing c**s) and see what they say
thanks for the input
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Amac4691 reacted to Gordy in importing silver
Yeah i have a few times, 3 got through without VAT but the bigger order (30oz) got hit with VAT but the price i paid was ok and i factored in the VAT on it, 2 came from the US and two from Italy
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Amac4691 reacted to Jvw in importing silver
I have always been taxed when i ordered silver from outside of the EU*. I did however found a secret method which was very easy to apply. Since I switched my method i got all my silver in free of import charges.
I switched to buying locally.🤫
* In fact; I even get charged on VAT free gold when importing gold coins. So I might not be a good example to give advice on importing PM's
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Amac4691 reacted to Skyfiller in Group buying/purchasing
The duty rate on silver imported into the UK is 0% I believe so there would only be VAT added.
Silver commodity code 71069110
https://www.hs-codes.com/?c=71069110-silver-bullion-and
Government Duty Rates
https://www.trade-tariff.service.gov.uk/headings/7106
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Amac4691 reacted to Fadeingstar in Group buying/purchasing
Yes with the inport duty and vat charges that ship has now sailed. There can still be a saving buying directly from Eu dealers yourself in germany but you have to be very careful with your calculations or you can lose out.
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