Originally posted by stek
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Can contractors using VAT Flat Rate Scheme gain 20% discount by importing?
Collapse
X
-
-
Shame you can't get the item VAT-free and claiming it as an expense, so not paying 20% corporation tax, nor 20% VAT. But the VAT Flat Rate Scheme is a pretty sweet deal too.Comment
-
That's un ****ing believable! I bought some stuff as a gift from the US, had gift declared on it and the bastards still charged me import duty on a gift that cost the pound equivalent of £327!Originally posted by stek View PostMy £1700 '93 Rickenbacker guitar got through customs from USA with no duty or vat, sweet!
Saved 20-odd%....I couldn't give two fornicators! Yes, really!
Comment
-
Yeah lol!Originally posted by BolshieBastard View PostThat's un ****ing believable! I bought some stuff as a gift from the US, had gift declared on it and the bastards still charged me import duty on a gift that cost the pound equivalent of £327!
I was expecting the charges, usually get a card saying pay up and you can have your stuff, sometimes get the stuff and a bill later. This time got the guitar, waited for a bill - nothing for a bout six months now. Might come eventually, but I think I got away with it!
And it was all declared properly, suspect it just got missed.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers

Comment