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Benchmark AHB2 Black

Purité Audio

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Benchmark AHB2 black version, in excellent condition, originally supplied by us, asking £2100 ono.


Keith
 

restorer-john

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Benchmark AHB2 black version, in excellent condition, originally supplied by us, asking £2100 ono.

What happens with EU VAT taxes on pre-owned stuff you sell Keith, when you ship to the EU after July 1?
 
OP
Purité Audio

Purité Audio

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I can deduct vat 20% at my end but tax will be levied, depending upon declared value at your end.
Keith
 

litemotiv

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Tax is levied on 2nd hand goods?
Not in my country (Netherlands), well not really at least.

On 2nd hand goods, commercial sellers only need to apply VAT to their profit margin, so not the full selling price. If the merchant buys an item for 2000,- and sells it for 2100,-, then the VAT is calculated over 100,- which would be 20,- in UK VAT. This makes sense since it's a "value added tax", and the added value in the transaction is 100,-.
 

tomchris

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When importing stuff outside EU to Denmark 25% VAT is calculated and levied upon declared value + postage fees, regardless of whether the item is new, 2nd hand, commercial merchant or private seller. Then there is import duty which varies depeding on the item. Plus an unavoidable import fee of €22/$26 is added on top.
 

abdo123

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Not in my country (Netherlands), well not really at least.

On 2nd hand goods, commercial sellers only need to apply VAT to their profit margin, so not the full selling price. If the merchant buys an item for 2000,- and sells it for 2100,-, then the VAT is calculated over 100,- which would be 20,- in UK VAT. This makes sense since it's a "value added tax", and the added value in the transaction is 100,-.

what if the merchant bought the item at MSRP and they're not really making any profit?
 

restorer-john

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When importing stuff outside EU to Denmark 25% VAT is calculated and levied upon declared value + postage fees, regardless of whether the item is new, 2nd hand, commercial merchant or private seller. Then there is import duty which varies depeding on the item. Plus an unavoidable import fee of €22/$26 is added on top.

So, if someone sends you a gift, you still have to pay all that?
 

tomchris

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So, if someone sends you a gift, you still have to pay all that?
Gifts over $185 are subject to VAT, customs duties and handling fees. Gifts under $54 are not subject to taxes.

Let's say I bought an amplifer on eBay US for $1000 + $100 in shipping. Customs duties, VAT and handling fees would add up to $350.
So, I'd have to pay a total of $1450 for the amp.
 

jae

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AHB2_Front_Open_Top_On.jpg.63d9561edc8163d352f874eb51bad85a.jpg


Looks like we could break it down into about 5 smaller packets valued at £15 each :rolleyes:
 

digitalfrost

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I'm confused what the price shipped to EU would be, if I have to play VAT on top of the price, plus maybe customs, it's not very attractive.
 
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