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Help Needed Please!

 
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carboy



Joined: 24 Feb 2008
Posts: 1
Location: UK


661.0 Cash Points

PostPosted: Sun Feb 24, 2008 8:05 pm    Post subject: Help Needed Please! Reply with quote

Hello, I wonder if anyone here could give me some help on a few matters regarding starting my own vehicle import business, importing vehicles from Japan? I know you have to pay 27.5% tax on each unit "unit cost plus shipping" at the docks before you can pick up your vehicles from customs. How does this work when selling a vehicle on in the UK as second hand to joe blogs public regarding VAT etc? And would I be better off registering for VAT even before I have reached the 57K threshold? Thanks and any advise on these matters would be of great help to me! Cheers, Carboy
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