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RE: VAT on second-hand goods...
- To: <ukha_d@xxxxxxx>
- Subject: RE: VAT on second-hand goods...
- From: "Timothy Morris" <timothy.morris@xxxxxxx>
- Date: Wed, 6 Mar 2002 12:15:29 -0000
- Delivered-to: mailing list ukha_d@xxxxxxx
- Mailing-list: list ukha_d@xxxxxxx; contact
ukha_d-owner@xxxxxxx
- Reply-to: ukha_d@xxxxxxx
But surely, If the goods were clearly marked as second hand then NO VAT
should have been charged at the point of entry?
Tim
-----Original Message-----
From: Mark Harrison [mailto:Mark.Harrison@xxxxxxx]
Sent: 06 March 2002 11:18
To: ukha_d@xxxxxxx
Subject: RE: [ukha_d] VAT on second-hand goods...
Ah - I'd forgotten that this was coming from outside the EU!
Given HMC&E charge VAT on the lot at point of import, Li has to charge
VAT on the whole selling price.
This scheme would only help if Li was selling second-hand stuff that
he'd bought from a private seller in the UK then!
Regards,
Mark
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