Is V.A.T payable on second hand goods?

Question

Just bought an item on ebay from the States, (a second hand golf club) and have been charged V.A.T is this right?. Would appreciate any help.

charged by parcel force before they would release the item

Answer 1

Depends who's selling them. You have to be VAT registered to charge VAT

Then it depends on whether you are buying something that is subject to VAT (eg books have 0% VAT on them)

Then it will depend on whether the goods are eligible to be sold through the second hand margin scheme. Usually this depends on whether the person selling them was charged VAT on the original purchase.

If sold through the second hand margin scheme, you won't be charged VAT and it will state this on your receipt/invoice.

Addition following your extra info...


If it's been bought from outside the EU this will be import VAT. This is due on any purchases of taxable goods coming into the UK over the value of £18. Sometimes there will be duty to pay as well - on some goods the VAT and duty can be more than the price you have paid!

Beware of seemingly cheap purchases from non-EU countries.

Answer 2

Hello, second hand goods are considered as commercial products. That's why you need to pay KDV. However, individual buyers and sellers so that they move in for the billing is done.
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Answer 3

Hi, it depends on the basis of your business.

If you are a Charity, the Government will offer you a package of concessions that incorporate various tax relief applications.

On the other hand, if you are selling a mixture of second-hand electrical, electronic, sporting products...etc; your VAT will be based only on what you buy and sell the product for (margins) rather than just the 17.5% VAT as you see on new products bought from suppliers with a suppliers invoice.

There is a 'Margin Scheme' provided by HM Customs and Excise. Give them a call and order this booklet.

Answer 4

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You not only get the eBook though, you also receive a ton of extra material including video, lessons on putting, driving, chipping, sand play etc. Here is their official site: http://www.golfswingguru.net

Answer 5

you ahve been charged because it is a type of item that is charged for importation, not strictly a VAT charge. You have to be very careful about buying from the states, especially electronics and computer items

Answer 6

Yes its import VAT charged on most imports by Customs not the seller.

Answer 7

A second hand van would attract VAT

Answer 8

getting used, l'm particularly particular there must be none. if very in touch, have it shipped as a modern-day. l have bought issues from japan and that they have continually shipped it as a modern-day.

Answer 9

Charged by whom?

Answer 10

Yes, and any import duties as well.