Just received another figure in the post from the States and my 'friends' at Customs have decided I need to pay another Ã'£45 VAT on top . Whilst this doesn't bother me TOO much (I knew I might have to pay after the seller said he "forgot" to write a low value on the custom declaration).
I had a thought though, can I claim back the VAT, if I sell the item on?
Does it need to be sold to someone outside the UK for me to claim back VAT or can I claim it if I sell it to another collector in the UK?
If so, what documentation do I need to claim it back?
Anyone any experience of this, I know there is a type of fraud (carousel) based around claiming back VAT on goods that enter and leave the UK, OBVIOUSLY I don't wanna do that, but It would be nice to actually get something back from those b*stards at C&E.
Any thoughts or suggestions appreciated.
Weaz.
I had a thought though, can I claim back the VAT, if I sell the item on?
Does it need to be sold to someone outside the UK for me to claim back VAT or can I claim it if I sell it to another collector in the UK?
If so, what documentation do I need to claim it back?
Anyone any experience of this, I know there is a type of fraud (carousel) based around claiming back VAT on goods that enter and leave the UK, OBVIOUSLY I don't wanna do that, but It would be nice to actually get something back from those b*stards at C&E.
Any thoughts or suggestions appreciated.
Weaz.