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PaulFargo

Joined:

Oct 12

Posts: 25

PaulFargo says:

Buying from Abroad

Hi Guys, just wondering what is involved if I want to buy abroad. I like the idea of going to Italy buying a bike and riding home on it. Has anyone done this. What got me thinking was I'm looking at a MV Agusta Brutale 675, in this country it is £8500 in europe it costs 8990 euros roughly £7200 going on todays exchange rate.

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  • Posted 2 years ago (29 October 2012 20:22)

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Dabbsy

Joined:

Aug 02

Posts: 481

Dabbsy says:

Buying from abroad

Here’s some info we have had since the late 90s

 

One consideration is VAT. Euro rules say you should pay the VAT at your destination. What this usually means is you pay VAT when you buy the bike in Italy/German/Belgium, then claim it back when you pay UK VAT at the point of entry to Britain (see details below).

According to the Customs Personal Transport Unit, they tell me that the "suppliers in certain other member states have been charging VAT" are the Germans and the Italians. According to Customs, the German payment is quite straightforward to claim back with forms from Customs so you will have to pay UK VAT on a new bike.

 

Italy, needless to say, is different again and dealers there will often only sell to Italians who then sell it on to you. In this case it is quite difficult to reclaim the Italian VAT so the customs guys at Dover will look at the individual circumstances and may waive the UK VAT that's due.

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Dabbsy

Joined:

Aug 02

Posts: 481

Dabbsy says:

Acquiring a new machine in another member state of the EC

If you buy a new bike in one member state of the E.C with the intention of removing it to another member state, E.C regs. state that you should pay the VAT involved at your destination.

The acquisition of the machine should be noted to the PTU within 7 days of arrival in the U.K. Notification is made made using appendix D from customs notice 728 available from one of the Customs & Excise advice centres around the country (list follows).

 

The PTU will send you a bill for the VAT and a document to take along to a vehicle registration office.

 

Suppliers in certain other member states have been charging VAT or taking a refundable deposit equal to the amount of VAT. If you buy a new machine in this way, you must still inform the PTU within 7 days of arrival - each case will be looked at on an individual basis.

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Dabbsy

Joined:

Aug 02

Posts: 481

Dabbsy says:

Acquiring a machine which is not new in another member state of the E.C.

 

In order for a machine to be considered not new it must:-

 

- be more than six months since it first entered into service

- have travelled more than 6,000Km (3,726 miles).

If you buy a motorcycle which is not new in another member state you will buy it VAT paid at source. When you bring it into the U.K, there will be no further VAT to pay so there is no requirement to declare the acquisition to U.K customs, simply take your documents along to a vehicle registration office.

 

From 1/4/98 the vehicle registration offices will be making a charge of £25 to register imported/acquired vehicles.

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