Importing from the USA
Last Post 01 Apr 2010 08:56 PM by markbigears. 4 Replies.
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markbigearsUser is Offline
Mad Keen Collector
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markbigears

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20 Mar 2010 09:38 PM  
Not a lot of quality auto signs of late on eBay got me looking stateside. Some nice enamels at what seems lower prices than UK. What are the disadvantages from importing? Postage, tax? Any advice appreciated. Best regards, Mark
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The Tatfather
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21 Mar 2010 11:02 AM  
I have bought a few bits from USA, Oz, Canada etc, Although not necessarily signs. Postage can be a problem, large signs cost quite a bit although in my experience not as dear as sending out from the UK.

Import tax. VAT etc can be a right pain.................a bargain suddenly gets expensive with another 50 quid + £8 collection charge. Some buyers try to get round this by asking the vendor to put a low value on the customs docket. Trouble is if it then goes walkies you cannot claim your full value via insurance.

Also frustrating is sometimes you get charged and sometimes not. This is not dependant on value, age of item, type etc. More probably to do with how many staff they have at a certain post on a certain day.

Overall I have had no actual disasters just frustration and delay and extra costs. My advice would be to factor in an extra 15 to 20% when bidding on overseas items. If you still think its value go ahead, then hopefully once in a while you will grab a bargain.

Lummox
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21 Mar 2010 11:18 AM  

My recent experience, although not with signs, is that charging VAT is no longer patchy. Things have been tightened up, and HMRC charges VAT on everything including postage and insurance, over £18 in value. If the item is an antique, (and was made in this country originally?) VAT is currently charged at 5%, but you have to first pay the VAT at 17.5%, and subsequently claim back the difference between 17.5% and 5% VAT rates! (It seems a bit of a minefield, and I'd suggest anyone should look at the HMRC website for details.)

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Guru Tat
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Advertising Antiques Ltd

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29 Mar 2010 04:39 PM  

 Sign seeker is absolutely right. i have just got slammed twice. Best thing to do is label it as an antique, value it at £10 and hope for the best.

I have not had an item go missing and you can't really insure antiques anyway.

Cheers

Al.

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Mad Keen Collector
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01 Apr 2010 08:56 PM  
Many thnak guys for the heads up on this, really appreciate the comments
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