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Post by 101 on Dec 16, 2020 12:42:30 GMT
I see from the store that 19% is added modules if buyers are from within the EU. Is this VAT still going to be added to purchases after the UK leaves the EU in January? Should I wait till January to buy more modules?
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Post by rockysmalls on Dec 16, 2020 22:19:13 GMT
i think the answer is NO.. whilst Robert won’t have to charge vat on goods shipped to the uk .. it will be added at customs at 20% uk rate plus there will almost certainly be something like a £10 customs fee extra.. the only way around this would be if robert declared packages at €20 to go under the £18 import threshold... which wouldn’t be a good idea for him.. might be ok for a single module.. this all depends on what type of ( if any ) trade deal for europe is done.. clowns and gangsters on BOTH sides so don’t hold yr breath.. there is a possibility that with no trade deal the customs infrastructure here will be SO massively overrun and incapable of functioning ( this is quite likely imo ) that the uk Gov will raise the import threshold to something like the US ie: £80 or £100 .. which frankly they should have done a long time ago... in which case small orders will be cheaper... none of this will change how busy Robert is and how long it takes  i think we in the uk will be reliant on Juno ( and other dealers ) for our new Tangible Waves modules over the next 6 months at least. Apart from Wonkystuff!! we will be gold for John’s new crazy stuff silver lining!! |
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Post by robertlanger on Dec 17, 2020 9:10:51 GMT
Nobody really knows what will happen... I have read about an import duty of 3.9% but I have no idea about value limits. You have to pay the local VAT when importing, but, same thing, maybe there is a value limit and if the goods are below this, no VAT will be charged. So maybe an advantage for single modules, but most likely not for bigger orders / complete systems.
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Post by spacedog on Dec 17, 2020 10:01:39 GMT
Much as I hate to put a dampener on things... you always have to pay VAT when you purchase non-exempt goods in the UK (and anywhere else).
The rules get "adapted" (think of the cash-in-hand style payments, or private transactions) and the rate is determined by whatever rule applies, for example when we were in the EU, we paid VAT based on the country from which the goods originated, with no handling fee (it's incorporated). Sadly, once the UK starts to apply payments on import that will cost us an additional handling fee. The handling system hardly ever misses a package as I know from my experiences buying goods from non-EU countries.
Just about the only thing that's certain is that the buyer will pay the same or more... not less, unless the UK drops its VAT rate - and I'm not holding my breath.
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Post by Gaëtan on Dec 17, 2020 11:01:58 GMT
Much as I hate to put a dampener on things... you always have to pay VAT when you purchase non-exempt goods in the UK (and anywhere else).
The rules get "adapted" (think of the cash-in-hand style payments, or private transactions) and the rate is determined by whatever rule applies, for example when we were in the EU, we paid VAT based on the country from which the goods originated, with no handling fee (it's incorporated). Sadly, once the UK starts to apply payments on import that will cost us an additional handling fee. The handling system hardly ever misses a package as I know from my experiences buying goods from non-EU countries.
Just about the only thing that's certain is that the buyer will pay the same or more... not less, unless the UK drops its VAT rate - and I'm not holding my breath.
And that's assuming the British pound's value doesn't go down... |
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Post by Morn Valley on Dec 17, 2020 11:17:19 GMT
Nobody knows but I doubt the Tories would lower the tax rates given the current situation and newly incurred costs of the pandemic.
I’m hoping to put in an order after Christmas but dreading it in terms of customs fees.
This whole mess will have a massive impact on UK music in a wider context too. As someone that’s worked in Live Sound for nearly 20 years the impact on small musicians being able tour freely without additional costs and timely processes will be over, so small artists will struggle and in turn impact music venues which already run close to break even for events on ticket sales. This is a massive shame for all European (I’m including UK in that term) artists and combined with the current pandemic means the UK music industry is in dire trouble at the moment. Everyone I spoke with recognised and knew this from the beginning. One of my college students even produced an academic paper on it two years ago which predicted this outcome.
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Post by 101 on Dec 17, 2020 11:36:52 GMT
Hopefully there will be some sort of deal at the last minute. I thinks its going to be chaos and delays at the ports whatever happens. All so a few offshore hedge fund managers can avoid EU tax regulations  As rockysmalls says I think it might be wise to wait for Juno to restock. At least we'll know stuff is getting through. |
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Post by rockysmalls on Dec 17, 2020 12:08:38 GMT
Much as I hate to put a dampener on things... you always have to pay VAT when you purchase non-exempt goods in the UK (and anywhere else).
The rules get "adapted" (think of the cash-in-hand style payments, or private transactions) and the rate is determined by whatever rule applies, for example when we were in the EU, we paid VAT based on the country from which the goods originated, with no handling fee (it's incorporated). Sadly, once the UK starts to apply payments on import that will cost us an additional handling fee. The handling system hardly ever misses a package as I know from my experiences buying goods from non-EU countries.
Just about the only thing that's certain is that the buyer will pay the same or more... not less, unless the UK drops its VAT rate - and I'm not holding my breath.
And that's assuming the British pound's value doesn't go down... indeed!! it’s been a bad ride for the pound ... though it did go up quite considerably when the vaccine announcement was made ( wish i’d bought euros then! ) .. that will probably be temporary and jan 1st and after will show the real story.. That said ,, it all appears artificially manipulated to me... i mean there is no way that europe as a whole is doing any better economically at this time so how could the relative values be changed so significantly? almost as if it’s a school playground and based on mean-girl name calling and bullying ;0] having values and economics in the hands of the media makes absolutely ZERO sense.. World.... wake up!! |
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thundersound
Junior Member
A modular world .. from Aa to Thunder and beyond
Posts: 82
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Post by thundersound on Dec 23, 2020 8:46:00 GMT
And that's assuming the British pound's value doesn't go down... indeed!! it’s been a bad ride for the pound ... though it did go up quite considerably when the vaccine announcement was made ( wish i’d bought euros then! ) .. that will probably be temporary and jan 1st and after will show the real story.. That said ,, it all appears artificially manipulated to me... i mean there is no way that europe as a whole is doing any better economically at this time so how could the relative values be changed so significantly? almost as if it’s a school playground and based on mean-girl name calling and bullying ;0] having values and economics in the hands of the media makes absolutely ZERO sense.. World.... wake up!! I do not think this is the platform for politics, but I do not agree with you about the economics. You say "I mean there is no way that europe as a whole is doing any better economically", yes it is, because the investment has been a lot worse in the UK since 2016, so the base of the economy is weakened in the UK, and the countries in the EU have an extra level of protection, the Covid relieve funds. This could have been a good help for the UK, but they left the bloc already. In addition to that, the UK did not fight for the most important businesses in the UK, think about services, what will cost the UK a lot of jobs and GDP, and also production (which is traditionally the base of an economy) is dependent on a good deal, what is very uncertain now. So expectation is also low for a big part of the economy (services and production). And talking about bullying, when I see the way the talks about the deal go , in my eyes the Bully is the UK (more specific: the current government), constantly threatening to walk away without a deal, and other autocratic tactics the clown at no 10 is using. So maybe the (Br)exiteers need to wake up, not the rest of the world. |
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Post by audiojack on Jan 1, 2021 10:21:01 GMT
arg, i bought a bunch of modules in December but they won't be sent for another few weeks.
I hope i don't have to pay TAX on them again when they enter the UK. I suspect I will.
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Post by 101 on Jan 21, 2021 17:47:27 GMT
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Post by audiojack on Jan 24, 2021 1:24:18 GMT
I believe the import duties are only on items manufactured outside the EU, but sold from the EU to the UK (Third country duty) but I could be wrong.
Tax and admin fees apply regardless.
Does anyone know where the TW products manufactured?
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Post by danbowen on Jan 24, 2021 14:15:50 GMT
I believe the import duties are only on items manufactured outside the EU, but sold from the EU to the UK (Third country duty) but I could be wrong.
Tax and admin fees apply regardless.
Does anyone know where the TW products manufactured?
Assembled in Germany but the electronic components come from China I would imagine. |
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As rockysmalls says I think it might be wise to wait for Juno to restock. At least we'll know stuff is getting through. 
