When I go to pay for something on ebay it gives you the choice of using Paypals conversion or change it to use the banks rate. In paypal it will show it has been sent in the currency that you are buying from but will show on my bank statement what has been sent, in my case aussie $'ssteve obi wan said:lejackal said:There's a box to do that?Hooch said:I always make sure I tick the box so I pay using my banks exchange rate for that reason. It might only be a few cents sometimes but its always better and every bit helps
Didn't know that either !!
MarkG said:Hoping for a nice change in the exchange rate by mid June when I naff off to the US for near on 3 weeks... always like to load up on clothes plus going to find some collectors stores in the various locations I'm heading too..
Richard_H said:Gift and less than £20 to avoid fees.
There is a HMRC tax code (which in my case they've ignored every time and even told me it was no longer valid and I've always had to pay and reclaim later) to be taxed at 5%. It is:
Old Collectable Toy' HMRC code 9705000090
sorry but I'm thick, does that mean if I buy something from down under as long as its under £700 I will only have to pay the postage and nothing else?wrighty said:The tax threshold for buying stuff from overseas into the UK in ridiculous, £36 for gift and about £18 anything else. Whats can you buy (vintage) that cost less than these values??? In Oz, they have a $1000 (just under £700) threshold for tax on imported items.
so if I buy something for £100 say I will have to pay 5% on £80 of it? so I would have to pay £4 in tax's etc is that right as that don't seem too bad?Richard_H said:Gift and less than £20 to avoid fees.
There is a HMRC tax code (which in my case they've ignored every time and even told me it was no longer valid and I've always had to pay and reclaim later) to be taxed at 5%. It is:
Old Collectable Toy' HMRC code 9705000090
No that is for us in Oz getting stuff in not sending out. We don't pay anything if its under $1000AU and anything over we need to fill out a customs form with what it is and get taxed accordinglyLindo said:sorry but I'm thick, does that mean if I buy something from down under as long as its under £700 I will only have to pay the postage and nothing else?wrighty said:The tax threshold for buying stuff from overseas into the UK in ridiculous, £36 for gift and about £18 anything else. Whats can you buy (vintage) that cost less than these values??? In Oz, they have a $1000 (just under £700) threshold for tax on imported items.
I will buy from anywhere. US, UK does not matter to me. I do tend to find more bargains from overseas than I do in Oz and that's even after I pay the extra postage cost. I'm happy if people in Oz think its bad voodoo getting stuff posted over as that means maybe a few less will go and bid on somethingzhamlau said:Great info, thank you!
Anyone have an opinion on the exchange rate? Since the dollar has done so well against the GBP in the last few months has it turned you off buying from the US? Or is it not an issue if you really want it?