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gooner89 · 23 September 2012, 10:02 AM

I've tried to search google but couldn't get a definitive answer so was just wondering if anyone has any experience of receiving a rolex from the usa to the uk and if there were any taxes due.

NickTruswell · 23 September 2012, 06:28 PM

I've bought a couple of Rolex's in the US but I've warn them coming back home. I've never got one via the post. Imagine you would have to pay import duty if you declare it which probably 20% or so.

What are you looking to get?

bayerische · 23 September 2012, 08:03 PM

Normally in the EU it's VAT+ a small customs fee. So it can add up to quite a high amount.

Ditch · 23 September 2012, 08:09 PM

Again, I couldn't find a DEFINiTIVE answer, but it looks to be about 20% plus discretionary 'handling' fee.

toph · 23 September 2012, 08:59 PM

Yeah it's usually VAT plus about 10 %. Otherwise known as not worth it
Cheers

Sam Philip · 23 September 2012, 09:02 PM

Certainly not worth getting a Rolex from USA and paying 20% VAT plus custom charges

Ditch · 23 September 2012, 09:10 PM

Quote:

Originally Posted by Sam Philip

Certainly not worth getting a Rolex from USA and paying 20% VAT plus custom charges

Agreed.

bayerische · 23 September 2012, 10:01 PM

I just had a look at the prices in the US versus Finland, and they're almost exactly the same. At the time of the dollar - euro: 1.50 - 1.00 there was some good deals to be made, but not really anymore.

Used market is different though, as there seems to be a bigger concentration of used in the US.

DiamondJack · 23 September 2012, 10:08 PM

If it's declared value including postage is at a level where the tax is worth collecting (currently deemed to be £9) then tax will be collected.

Tax is levied at 20% so anything with a declared value over £45 Including postage will have tax levied on it plus handling charges..... Often at least another £10 or more.

Your package will be held in a central customs unit and you will be posted a card explaining how to pay the tax. You can do this online and your package will then be released to you.

23 September 2012, 10:02 AM	#1
gooner89 "TRF" Member Join Date: Sep 2012 Location: UK Posts: 22	importing watch to uk I've tried to search google but couldn't get a definitive answer so was just wondering if anyone has any experience of receiving a rolex from the usa to the uk and if there were any taxes due.

23 September 2012, 08:03 PM	#3
bayerische "TRF" Member Join Date: Nov 2009 Real Name: Andreas Location: Margaritaville Watch: Smurf Posts: 19,879	Normally in the EU it's VAT+ a small customs fee. So it can add up to quite a high amount. __________________ Yeah, well, you know, that's just, like, your opinion, man.

23 September 2012, 08:59 PM	#5
toph "TRF" Member Join Date: Apr 2008 Real Name: ChrisTOPHer Location: Sydney Watch: Rolex, Brellum, Posts: 12,601	Yeah it's usually VAT plus about 10 %. Otherwise known as not worth it Cheers __________________ "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795

23 September 2012, 10:01 PM	#8
bayerische "TRF" Member Join Date: Nov 2009 Real Name: Andreas Location: Margaritaville Watch: Smurf Posts: 19,879	I just had a look at the prices in the US versus Finland, and they're almost exactly the same. At the time of the dollar - euro: 1.50 - 1.00 there was some good deals to be made, but not really anymore. Used market is different though, as there seems to be a bigger concentration of used in the US. __________________ Yeah, well, you know, that's just, like, your opinion, man.

23 September 2012, 06:28 PM	#2
NickTruswell "TRF" Member Join Date: Jul 2010 Location: UK Watch: GMT IIC Posts: 230	I've bought a couple of Rolex's in the US but I've warn them coming back home. I've never got one via the post. Imagine you would have to pay import duty if you declare it which probably 20% or so. What are you looking to get?

23 September 2012, 08:09 PM	#4
Ditch "TRF" Member Join Date: May 2012 Location: Kent Posts: 242	Again, I couldn't find a DEFINiTIVE answer, but it looks to be about 20% plus discretionary 'handling' fee.

23 September 2012, 09:02 PM	#6
Sam Philip Banned Join Date: Apr 2012 Location: UK Posts: 4,345	Certainly not worth getting a Rolex from USA and paying 20% VAT plus custom charges

23 September 2012, 10:08 PM	#9
DiamondJack "TRF" Member Join Date: Mar 2011 Location: London Watch: Quite a few Posts: 4,315	If it's declared value including postage is at a level where the tax is worth collecting (currently deemed to be £9) then tax will be collected. Tax is levied at 20% so anything with a declared value over £45 Including postage will have tax levied on it plus handling charges..... Often at least another £10 or more. Your package will be held in a central customs unit and you will be posted a card explaining how to pay the tax. You can do this online and your package will then be released to you.

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