Slightly off topic - Beat the system...

G

Guest

Guest
Hello there guys.

The current strength of the Euro has prompted me to look at buying in
some equipment and stuff from non-EU countries - roof tent and a few
other bits and pieces.

Normally when you import from outside the EU you are hit with Import
Duty and VAT - depending on the classification of the goods, you could
be levied with charges of between 30% and 45% of the cost.

I've found a loop hole - in Ireland at least - but should be similar in
the UK and the rest of EU.

You can import goods with out incurring Import Duty and VAT under the
following circumstances:
(i) if the goods are being imported for a period not exceeding three
months; or
(ii) in particular situations having no economic effect.
Have written to the relevant government bodies and advised them that I
was planning on importing equipment to kit out an overland vehicle, that
I won't have the kit in the country for more than 3 months and that they
will have no economic effect during that period as the goods in question
are overlanding specific.
I've received positive written responses from the Revenue Commissioners
and will be pursuing this to conclusion.
May have to pay a deposit on the potential charges - refundable upon
exiting the country - kind of like a carnet.
Anyway - if you have the time, can be bothered and enjoy beating the
system - might be worth a whirl
Cheers and good luck
Niall
 
G

Guest

Guest
Niall,
Since you are planning to be away from the EU for a good while, it's
your lucky day in more than one way!
Out of interest, how much is the deposit and is it refundable upon exiting
the country of residence or the EU?
--
Rgds,
Roman (London, UK)
'92 HDJ80 (auto)
On 10/3/07, Somers Niall <[Email address removed]> wrote:
 
G

Guest

Guest
Alright Roman
The deposit is normally the equivalent value of the charges that would
be incurred - ie the 30%. So your money is tied up for a while, but you
get it back....
Import duty returned on exiting country of residence. Not 100% sure on
the VAT - as it's an EU thing - may be on leaving the EU -
Cheers
Niall
 
G

Guest

Guest
Makes sense to me. Well spotted
Thanks, Niall.
--
Rgds,
Roman (London, UK)
'92 HDJ80 (auto)
On 10/3/07, Somers Niall <[Email address removed]> wrote:
 
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