wiki

[queenofthedepths]

[quote name='neepheid' post='145016' date='Feb 22 2008, 01:23 PM']To all the wiki detractors: try doing something positive about it.

[url="http://wiki.basschat.co.uk/info:buying:importing_gear"]http://wiki.basschat.co.uk/info:buying:importing_gear[/url]

There - an article about duty on importing goods. Feel free to correct it, edit it, add to it. Maths? Ha, I've heard of it.

In response to QOTD - no, I'm not precious at all about my contribution. I will not be offended if someone who knows better than me comes along and sorts out my mistakes.[/quote]

I take it you're referring to this bit:

[quote name='wiki']Total cost before charges = £150
Customs duty = 3.5% of £150 = £5.25 (therefore waived)
VAT = 17.5% of £150 = £17.50
Total cost = £117.50[/quote]

I believe it should read:

[quote name='what the wiki should say']Total cost before charges = £150
Customs duty = 3.5% of £150 = £5.25 (therefore waived)
VAT = 17.5% of £150 = £26.25
Total cost = £176.25[/quote]

Edited February 22, 2008 by queenofthedepths

[ped]

[quote]There's so much "internet hard man" in this thread it's fcking* hilarious. Kudos to Ferret for raising many salient points.

*Quote Rich.[/quote]

What a surprise

[Toasted]

Also, VAT is charged on goods and shipping. Import duty is only charged on the goods.

[neepheid]

[quote name='Toasted' post='145045' date='Feb 22 2008, 01:51 PM']Also, VAT is charged on goods and shipping. [b]Import duty is only charged on the goods.[/b][/quote]

[quote name='HMRC']Customs duty - this is usually charged as a percentage of the value. The percentage varies depending on the type of goods and their country of origin. Duty is charged on the price paid for the goods including any local sales taxes plus postage, packing and insurance costs. However, postage is excluded from the calculation for duty on gifts sent by post except for Express Mail Service (EMS).[/quote]

Reading that, what you say is only true if it's a gift (and not sent EMS). Am I reading it wrong?

[neepheid]

[quote name='queenofthedepths' post='145043' date='Feb 22 2008, 01:50 PM']I take it you're referring to this bit:



I believe it should read:[/quote]

Doh, cheers for that. At some point in the calculation, I made the shipping costs disappear. If only I could perform that trick outside a wiki article

[queenofthedepths]

[quote name='HM Revenue and Customs']Customs duty is not payable on goods bought from countries within the EU. However, VAT is payable (if due) either in the EU country of purchase, or in the UK if the EU supplier is UK VAT registered[/quote]
Also worth mentioning, I think
And possibly a link to the page from where I got it? [url="http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&id=HMCE_CL_001454&propertyType=document"]http://customs.hmrc.gov.uk/channelsPortalW...tyType=document[/url]

Edited February 22, 2008 by queenofthedepths

[neepheid]

OK, done. I'm not going to make any more changes to it right now. If you have spotted something that needs improving, go into the wiki and change it yourself. That's the whole point of it being a wiki!

[queenofthedepths]

I would, but I can't! Unless you wanna tell me your password

[bass_ferret]

Cheers for those who have chipped in, and for those that have been busy slagging me off - lets see your contibution! This a great resource and and a great opportunity so spread some knowledge and I dont expect a slagging from admin for trying to push it; and thats the last I shall say on the subject.

[ped]

Unbelievable