I just found the shipping database, and looked at another thread which mentioned the import duties (6% duty, plus VAT @ 17.5% payable on value of bike + shipping cost + duty paid).
Shipping cost from BA to UK was shown as $1275 in the shipping database.
like, ouch.
You'd have to REALLY be in love with a bike for that to be worthwhile!
If we take a bike worth 2000 GBP, that's...
6% import duty on 2000 GBP = 120 GBP
650 GBP shipping
VAT on...
Bike = 350
shipping = 113.75
import duty = 21.00
TOTAL VAT = 484.76
So... total to import that bike is...
120 + 650 + 484.76 = 1254.76
Is it really worth more than half the value of the vehicle?
Surely it makes more sense to buy abroad and sell before you return? does it become more worthwhile the more expensive the bike is?
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