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E.U: Leave or Stay? Your thoughts.

Discussion in 'Serious' started by TheBlackSwordsMan, 22 Feb 2016.

  1. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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    It baffles me that nobody's lead with the headline "HANDS OFF THE NHS".
     
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  2. liratheal

    liratheal Sharing is Caring

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    Too busy writing listicles and blaming the EU for such punning.
     
  3. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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    Consumers are now discovering that being outside the EU... means being outside the EU.

    Not looking forward to the delivery of that laptop I pre-ordered a while back - it's coming from Germany. I'd have been OK it if it'd had come on time - it was originally scheduled for December.

    Let's see, £1,500 plus 20% VAT is £1800, plus... oh, 84.71.30.0000 is zero-rated for import duty, that's nice. Assuming it counts as "Portable automatic data-processing machines, weighing not more than 10 kg, consisting of at least a central processing unit, a keyboard and a display," which is a subcategory of "Automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included," which - bizarrely - is a sub-category of "Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof," which is a sub-category of "Section XVI: Machinery and mechanical appliances; electrical equipment; parts thereof, sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles."

    I'm so glad we've ditched all that EU red tape, eh?

    (Must check with my accountant if the import VAT is reclaimable like normal VAT payments are...)
     
  4. yuusou

    yuusou Multimodder

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    (Chances are, they know as much as you do...)
     
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  5. enbydee

    enbydee Minimodder

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    Pretty sure it counts the same as any other input VAT, it's just the collection method that's different (i.e. HMRC is taking it off you rather than through the retailer).
     
  6. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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    That's not so bad, then - I'll only be out whatever the courier's handling fee is.
     
  7. perplekks45

    perplekks45 LIKE AN ANIMAL!

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    Never underestimate customs fees.
     
  8. Arboreal

    Arboreal Keeper of the Electric Currants

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    GH, other than duty and handling fees (maybe the fees would have been applicable pre leaving), you may have saved something on the VAT.

    German MwSt is 19%, which is what would have been added when we were in the EU. Now we're out, they can send it net of MwSt and 17.5% gets added here.

    That said, the VAT will be on the goods + shipping + duty...grrrr

    I think that @enbydee is right about VAT being VAT and it should be reclaimable.
     
  9. adidan

    adidan Guesswork is still work

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    Why 17.5%?
     
  10. Arboreal

    Arboreal Keeper of the Electric Currants

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    Eeeek! I seem to have hopped in my time machine to the last VAT era pre 20% :wallbash: So, yes it's WORSE now as is my grip on reality.

    I really should concentrate on work and not look at B-T
     
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  11. loftie

    loftie Modder

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    It became 15% first then 20% IIRC, all around late 2000s. :p:
     
  12. adidan

    adidan Guesswork is still work

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    Thought i'd missed out on some good news, turns out not :waah::lol:
     
  13. Arboreal

    Arboreal Keeper of the Electric Currants

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    It was 17.5% at one point and that's a bugger to do in your head!

    I recall using x 0.851to de VAT amounts when billing.
     
  14. loftie

    loftie Modder

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    Yea it was, the 2.5% break to 15% was to stimulate the economy then it went to 20%.
     
  15. VictorianBloke

    VictorianBloke Man in a box

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    Did you pay on pre-order? All of the new VAT etc guidance pages say at the bottom of the page:
    Goods sold before 1 January 2021
    If a seller receives payment for an order before 11pm on 31 December 2020 and dispatches the item after that time, these rules will not apply.

    Old VAT and import charges should still apply.
     
  16. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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    I did indeed - well, that simplifies things, then. Ta! (Just got to hope HMRC is aware of that when the parcel sails into Customs...)
     
  17. RedFlames

    RedFlames ...is not a Belgian football team

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    Should, being the word there.
     
  18. perplekks45

    perplekks45 LIKE AN ANIMAL!

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    Fingers crossed, but from my experience they usually struggle to find their own ... hole without a map, a guide dog, and a written step by step guide.
     
  19. liratheal

    liratheal Sharing is Caring

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    Wrong thread. Oopsie poopsie.
     
  20. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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    Another "being outside the EU means being outside the EU" article, this time focusing on UK-to-EU and goods returns - but I just had to highlight this:

    First, there is no small print. The deal isn't a mobile phone contract with a bunch of crap hidden on the back yellow-on-white flyspeck-four. Everything is just... print.

    Second, you don't even have to read the deal. Anyone who's ever ordered something from outside the EU gets a knock at the door and a demand for VAT and handling charges. The only change is that the UK is now outside the EU, and - shock horror - now gets treated like any other not-inside-the-EU origin or destination.

    None of this should be coming as a surprise. Consumers I can forgive, 'cos very few people can actually be bothered to look anything up despite having immediate access to a near-infinite supply of knowledge on a magic slab of glass they keep in their trouser pocket, but businesses? C'mon, you should know better. Adam Mansell, head of a flamin' TRADE ASSOCIATION, should certainly know better.
     
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