Vat and Duty around the world for classics

hi5

Different rates for different countries around the world.
125% duty in India:eek:

http://www.dutycalculator.com/dc/178858/cars-motorcycles/cars-used-fuel-petrol/engine-capacity-1-501-3-000-cc/import-duty-rate-for-importing-classic-car-from-united-states-to-netherlands-is-1/

Diabhalta

Good to see that some countries don't charge anything for bringing a piece of automotive history into the country. Kinda makes sense considering it's a car that you won't drive everyday and will make people smile occasionally (especially the kids). The world is still behind.

macplaxton

UK HMRC will do a 5% VAT if it meets the following criteria:

Motor vehicles which:

• possess a certain scarcity value
• are not normally used for their original purpose
• are the subject of transactions outside the normal trade in similar utility vehicles
• are of high value, and
• illustrate a significant step in the evolution of human achievements or a period of that evolution

In view of the fact that a motor vehicle is basically a utility article with a relatively short life, and subject to constant technical development, then the foregoing preconditions underlying the above judgments, in so far as they are not obviously contradicted by the facts, can be taken to apply in respect of:

• vehicles in their original state, without substantial changes to the chassis, steering or breaking system, engine etc, at least 30 years old and of a model or type which is no longer in production

Also included as collectors’ pieces of historical interest are
(a) motor vehicles, irrespective of their date of manufacture, which can be proved to have been used in the course of an historic event.
(b) motor-racing vehicles, which can be proved to be designed, built and used solely for competition and have scored significant sporting successes at prestigious national or international events.
The above notes and criteria also apply to motorcycles.
If you wish to import a vehicle covered by the guidelines above, you are advised to telephone the Classification Advice Line on Telephone: 03000 513777 Option 2, before making a purchase to ensure that your vehicle will be eligible for the reduced rate of VAT at import.

Basically you get a Binding Tariff agreement from them before you import. So it might be a better avenue to bring a car in through the UK/NI rather than direct.