How many lenses went up in price today

Aha, so I still have to pay the VAT upon bringing it to UK! I thought if I bought it for personal use then I can bring it in with out paying the VAT :shrug:
 
Wail said:
Aha, so I still have to pay the VAT upon bringing it to UK! I thought if I bought it for personal use then I can bring it in with out paying the VAT :shrug:
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You'd need to check with HMRC, but I'd imagine unless it's only a temporary import and it was going to be re-exported (and you could prove this) then you might not have to.

Of course, that's assuming you declare it at customs...... :police: :runaway:
 
Thanks, as it so happens I have a rather expensive lens coming from Saudi soon. Though it will stay here for the duration of my studies, but eventually I will take it back home; but with the way I am going I may sell it here.

Figure, my best bet would be to have it declared.
 
Thanks for digging that out (y), I've downloaded the file on this and will give it a read. Very nice of you to go to such length.
 
Wail said:
Aha, so I still have to pay the VAT upon bringing it to UK! I thought if I bought it for personal use then I can bring it in with out paying the VAT :shrug:
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Nope.

You have to pay:
* Customs duty (6.9% on lenses) if the amount of duty is £7 or over
* VAT (15%) if the value of the goods is £18 or over

So for any lens costing over £100 you pay 21.9%.

As Flash says, if it's only a temporary import (as it would be if you were visiting the UK on holiday), then no duty or VAT is payable. But since you're actually living in the UK I think you might struggle to make this argument if challenged.
 
Stewart,

Thank you for clearing that up, and ouch! 21.9%!

Would that be on the price I paid, or on the price here in UK!

The lens in question is 200-400VR which I've picked up for a really good price back home. If I were to add 21.9%, to my paid price, it would still be 25% cheaper than having bought it here. Otherwise it just wouldn't be practical for me to bring it.
 
Wail said:
Stewart,

Thank you for clearing that up, and ouch! 21.9%!

Would that be on the price I paid, or on the price here in UK!

The lens in question is 200-400VR which I've picked up for a really good price back home. If I were to add 21.9%, to my paid price, it would still be 25% cheaper than having bought it here. Otherwise it just wouldn't be practical for me to bring it.
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Just leave the box at home and bring the lens in with you and say nothing.
 
Not that easy, as I am not the one bringing it over! My daughter picked it up for me (long story), and I am having a family member (who flies here regularly) to carry it over. So, that would totally rule out removing it from the box, etc.

More importantly, I don't want to be on the wrong side of HMCR, or any other laws for that matter. I've paid dearly to do these studies of mine, and I can't jepourdise this at any expense. Even more important, UK has been more home to me, in my lifetime, than my country (lived here more than 1/2 of my life).
 
Wail said:
The lens in question is 200-400VR which I've picked up for a really good price back home. If I were to add 21.9%, to my paid price, it would still be 25% cheaper than having bought it here. Otherwise it just wouldn't be practical for me to bring it.
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Really??? That's very interesting.

Is that 25% cheaper than this week's UK price (£4100) or 25% cheaper than last week's UK price (£3600?)? If the latter, it implies you'd be paying about £2200 for it out there. Is that abouit right? If so, my brother-in-law is in Dubai and travels all over the area, so I might ask him to pick one up for me....
 
StewartR said:
Really??? That's very interesting.

Is that 25% cheaper than this week's UK price (£4100) or 25% cheaper than last week's UK price (£3600?)? If the latter, it implies you'd be paying about £2200 for it out there. Is that abouit right? If so, my brother-in-law is in Dubai and travels all over the area, so I might ask him to pick one up for me....
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I've paid just under £2,600 for it. It is 25% cheaper than today's CPB prices.
 
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