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  1. #231
    Gym Junkie chrisvs's Avatar
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    Quote Originally Posted by blackpopracing View Post
    Not correct Wayne.
    If you buy from the EU you pay no VAT as we have a reciprocal agreement.
    If we leave you might have to pay the VAT which might make the goods 20% more expensive.
    This will be one of the major deals that Britain will be trying to keep.
    Of course we pay VAT on goods from the EU
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  3. #232
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    Quote Originally Posted by blackpopracing View Post
    Not correct Wayne.
    If you buy from the EU you pay no VAT as we have a reciprocal agreement.
    If we leave you might have to pay the VAT which might make the goods 20% more expensive.
    This will be one of the major deals that Britain will be trying to keep.
    well i do so what am i missing out on?
    at least dick turpin had the decency to wear a mask!
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  4. #233
    Administrator blackpopracing's Avatar
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    Sorry, did not explain it very well.
    You pay vat on the goods in the uk, not when you buy fro the EU country.
    We export a lot to the EU and its all sold with zero VAT.
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  5. #234
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    Mark.if you buy goods from an eu country,you pay vat in that country.

    Its different if youre are a vat registered business.

    Dont take my word for it though.its all on the net.i only asked as i buy from germany a bit and wondered what was going to happen to the vat
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  6. #235
    I'm a grown up member now !
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    Quote Originally Posted by nobody View Post
    Mark.if you buy goods from an eu country,you pay vat in that country.

    Its different if youre are a vat registered business.

    Dont take my word for it though.its all on the net.i only asked as i buy from germany a bit and wondered what was going to happen to the vat
    You are correct. The recipricol agreement relates to between businesses. I had to supply my VAT number to various distributors in Europe for Harley parts and I would then receive the goods less VAT. Now I have deregistered from VAT I had to notify the distributors and now the goods are charged plus VAT at the country's rate. Rates vary between the different countries.
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  7. #236
    Administrator blackpopracing's Avatar
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    Sorry, my bad on that one. Im used to being vat registered.
    As above it should make no difference to the vat, only change might ve if there were any tafiffs introduced.
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  8. #237
    Gym Junkie chrisvs's Avatar
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    Apparently it has taken the EU 7 years so far to sort a trade agreement with Canada and they are not complete yet, we can't even begin to start negotiations until we leave which could be a couple of years yet so we are going to have to rely on WTO rules whatever they are.

    The EU needs to get a move on because according to Professor Steven Hawking humans would not survive another thousand years on Earth because of the fragility of the planet.
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  9. #238
    Rods 'n' Sods Junkie
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    Bad news for the Germans if we don't get a trade deal in place.
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  10. #239
    Official RnS Addict heavychevy's Avatar
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    You don't need a trade deal to trade.

    Tariffs will be charged.

    Trade deals are to lower theses tariffs.
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  11. #240
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    don't know the ins and out of trading in Europe, but a friend of my boss who is a wine merchant, buys his wine from france via a us company as its a lot easier, although it still get delivered to him from france,
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