Equipment from Japan

Mozziephotography

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Bought a lens on ebay from Japan. Top quality lens, no problem at all. Couple of weeks later, FedEx billed me for tax and vat. Thrown the bill away. Looking at a camera from Japan. Anyone know what the rate is for tax and vat from Japan?
 
It isn't their rate, it is the rate your country charges for imports.
 
Bought a lens on ebay from Japan. Top quality lens, no problem at all. Couple of weeks later, FedEx billed me for tax and vat. Thrown the bill away. Looking at a camera from Japan. Anyone know what the rate is for tax and vat from Japan?

It's going to be around 30-35% for vat, duty and handling.
 
The answer I surmise lays somewhere in one of the links here

AFAIK the rate of tax can vary depending on the product group(s)!
 
Your address is probably blacklisted by FedEx, you know that right? That or they would issue you a reminder then send debt collectors after you later on.

When you buy something out of the EU (and soon, outside the UK), you need to pay tax and duty, like you pay VAT of 20% when you buy something in the shop, except you know that the sticker price already included so you never notice it. But if you look at the invoice closely, it's there.

With respect to import tax and duty. HMRC do not deal direct with just anyone with respect to unattended imports, they do not have the facilities to have stuff lying around while fred bloggs turns up to pay £7.12 for the VAT on something. So dedicated shipping companies do the clearing, but again they can't pay for every transaction with a bank transfer, it would be too slow and an administrative nightmare.

So the shipping companies have a thing called a DAN (Defferment account number). They deposite a huge sum of cash and have the bank guarantee the sum again against which HMRC can charge all items submitted for clearance by the shipper. A direct debit refreshes the DAN to customs each month.

Because of the huge admin and cost assocuiated with running a DAN the shipping companies make a single nominal charge to the customer for it's use on thier behalf. So if your inport VAT and duty is £21,847.16 for a couple of containers or £7.12 for a parcel the charge is a fixed sum, in the case of RM it's £8.00, other companies charge different (typically more). It may not seem to be very fast clearing goods, but a DAN speeds things up enourmously and simplified charges to the end user make it practical for all concerned.

Different companies recoup this charge in different ways, RM will collect before release of the item, as is UPS. FedEx charges AFTER delivery.
 
Your address is probably blacklisted by FedEx, you know that right? That or they would issue you a reminder then send debt collectors after you later on.

When you buy something out of the EU (and soon, outside the UK), you need to pay tax and duty, like you pay VAT of 20% when you buy something in the shop, except you know that the sticker price already included so you never notice it. But if you look at the invoice closely, it's there.

With respect to import tax and duty. HMRC do not deal direct with just anyone with respect to unattended imports, they do not have the facilities to have stuff lying around while fred bloggs turns up to pay £7.12 for the VAT on something. So dedicated shipping companies do the clearing, but again they can't pay for every transaction with a bank transfer, it would be too slow and an administrative nightmare.

So the shipping companies have a thing called a DAN (Defferment account number). They deposite a huge sum of cash and have the bank guarantee the sum again against which HMRC can charge all items submitted for clearance by the shipper. A direct debit refreshes the DAN to customs each month.

Because of the huge admin and cost assocuiated with running a DAN the shipping companies make a single nominal charge to the customer for it's use on thier behalf. So if your inport VAT and duty is £21,847.16 for a couple of containers or £7.12 for a parcel the charge is a fixed sum, in the case of RM it's £8.00, other companies charge different (typically more). It may not seem to be very fast clearing goods, but a DAN speeds things up enourmously and simplified charges to the end user make it practical for all concerned.

Different companies recoup this charge in different ways, RM will collect before release of the item, as is UPS. FedEx charges AFTER delivery.

That's assuming they threw the bill away before paying it. If doing so beforehand, stupid.
 
Bought a lens on ebay from Japan. Top quality lens, no problem at all. Couple of weeks later, FedEx billed me for tax and vat. Thrown the bill away. Looking at a camera from Japan. Anyone know what the rate is for tax and vat from Japan?

Duty will depend on the product and there are numerous databases showing the import duty rate for specific harmonised codes. VAT will be 20% unless its a rare work of art in which case its 5% or VAT exempt items.
 
Bought a lens on ebay from Japan. Top quality lens, no problem at all. Couple of weeks later, FedEx billed me for tax and vat. Thrown the bill away. Looking at a camera from Japan. Anyone know what the rate is for tax and vat from Japan?
You are lucky it came Fedex, if the Royal Mail get their hands on it you don't get your parcel until you have paid the VAT, duty and whatever "admin" fee Royal mail choose to slpa on top (and I'm talking £10-20 on top when the goods plus duty is may be £20) :mad:
 
Ill remember that, thanks

Here you go.

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Just to clear things up, I DID pay the bill before throwing the paperwork away. I am old but not too daft, yet ...
 
Just to clear things up, I DID pay the bill before throwing the paperwork away. I am old but not too daft, yet ...

phew, your post didn’t make it clear.

FYI, add 25% on top. The total is on top when it includes shipping, so sending via 24hr courier will cost you more in VAT and duty vs a cheaper option.
 
Aren't there different rates of tax for lenses, still cameras and video cameras, hence the 30 minute video limit on many cameras?
 
phew, your post didn’t make it clear.

FYI, add 25% on top. The total is on top when it includes shipping, so sending via 24hr courier will cost you more in VAT and duty vs a cheaper option.
I'm terrible at missing out important info. My better half complains about it all the time.
 
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