Buying from outside EEC - 'No VAT'?? Warning

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We've all seen the listings proclaiming

 

"No Duty/Taxes to pay"

 

"NO VAT"

 

From sellers in Hong Kong, the USA, Canada, & Singapore.

 

 

The way they work is:

 

They send the goods by courier; Fedex, UPS, DHL.

These companies deliver the goods, and damn fast too. So far so good.

What they don't tell you is.....

The courier turns up at your door & you sign for it. Wow! Not a whiff of import duty or VAT.

 

Brilliant! Leave positive feedback for the seller right away. Oops!

BIG mistake.

 

A week to 2 weeks later, the courier sends you an invoice for the import duty & VAT.

 

Ouch!

 

And if you think you can get away without paying it, think again. They'll engage a debt collection agency & you may end up with a CCJ and zero credit rating!

 

Plus a deferment fee (read admin/handling fee).

 

In the case of Fedex, this is either £4.50 OR

2.5% of the total import duty & VAT

- whichever is the greater.

 

True, there is no import duty on digital cameras. However they still attract VAT at 17.5%. So bear this in mind when shopping 'abroad'.

 

And under NO CIRCUMSTANCES leave feedback for at least 3 weeks.

 

Wait for the invoice from the courier!

 

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