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Hello my name is Alex and I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply as this is not an ‘on demand’ live service, but rest assured I will be giving your question my immediate attention upon return. There is no need to wait here, you will get an email when I reply.
I assume they will be properly imported, so tax and duties paid etc please?
if they send me through ups or fedex, and declare the true value, is that ok ?
in uk I pay income tax
As long as the items are genuine, import duty, tax and VAT is paid then yes it would be legal.
You need to check the terms and conditions of Ebay and Amazon etc to see if they prohibit imported items.
But if not then yes, there is no reason why you can not.
Unless I can clarify anything for you, may I wish you a Happy Christmas.
do I need to apply eori number ?
Yes and you should apply to HMRC for that.
Economic Operator Registration and Identification (EORI) Scheme
HM Revenue & CustomsEORI Team13th Floor SouthGovernment BuildingsTy GlasLlanishenCardiffCF14 5FP
Email: [email protected].
Does this help?
but i have heard manufacturer need to give permission before i can sell is that correct? otherwise they can say I breach the copyright law
If you have properly purchased them then you are not in breach of copyright.
You are not taking goods and passing them off as them.
They are the genuine products.
what means by the term 'properly purchased'
They can of course make things hard for you by cutting off your supply.
if I buy on ebay hongkong, is that properly?
Properly - means from genuine wholesaler abroad
It needs to be the genuine article.
all items are genuine no doubt about that
If you have an audit trail for your purchases they should be ok,
how much is import duty? if you know
I dont, but VAT is 20% and duty around 5%.
You of course need to make sure they are advertised as imports and not UK sourced.
so say £1000 worth of goods before entering in UK , HMRC charge 5% which is £50 for import duty
does uk custom charge vat as well as duty?
so I need to pay about £1250 for the £1000 worth of goods
On the purchase price PLUS shipping
Yes but VAT is chargeable on the shipping cost too
so if the goods cost me say £1000 , it will cost me around £1250 before reach me in the UK right
import duty 5% (£50)+ vat 20% (£200)
Can I clarify anything for you about this today please?
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