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Question about VAT on an imported classic ...

Posted: Sat Jan 06, 2024 11:52 am
by Lightweight_911
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Does anybody know :

- if a car was imported from the US & registered in the UK - so obviously the (5%) VAT was paid at that time - but then subsequently exported to the Netherlands, would VAT be payable again if the car came back to the UK ?

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Re: Question about VAT on an imported classic ...

Posted: Sat Jan 06, 2024 12:58 pm
by jwhillracer
Hi Andy,

I would assume so, since HMRC will only look at the current transaction, ie a classic vehicle being imported from the EU.
Having said that, I'm definitely not an expert in the subject............

JW

Re: Question about VAT on an imported classic ...

Posted: Sat Jan 06, 2024 2:05 pm
by Nine One One

Re: Question about VAT on an imported classic ...

Posted: Sat Jan 06, 2024 2:56 pm
by Lightweight_911
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Thanks - information in your link seems to confirm Jonathan's thoughts:

"The UK considers vehicles that have been exported for over 12 months permanently exported ... the car will be treated as a fresh import during re-importation"

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Re: Question about VAT on an imported classic ...

Posted: Sat Jan 06, 2024 4:14 pm
by IanM
Lightweight_911 wrote: Sat Jan 06, 2024 2:56 pminformation in your link seems to confirm Jonathan's thoughts:

"The UK considers vehicles that have been exported for over 12 months permanently exported ... the car will be treated as a fresh import during re-importation"
I agree.

But curious to know why Netherlands? Do you have a second home there?

Re: Question about VAT on an imported classic ...

Posted: Sat Jan 06, 2024 4:39 pm
by Lightweight_911
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It's a car (not mine) currently for sale in the Netherlands which was previously registered in the UK after importation from the US ...

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