Engagement ring shopping!

mrbad · 28-07-2013 10:03PM

Jack Kyle wrote: »

A myth put out by the jewellery industry in Ireland to protect its rip-off culture and scare people into not shopping elsewhere.

No myth jack Kyle. I first heard of it about 5 years ago.in the uk, and it was meant to be happening here sometime after that.There was a test case.

think about it.you have evaded tax. Being a tax evader, you have committed a crime.its illegal. What planet Are you on to think the insurance company will pay out for you illegal acts.

Its more rip off culture To encourage people to purchase overseas and avoid paying tax.depriving the state of vital income.you Enjoy the roads, gardai schools etc who do u think pays for this.my Taxes have gone up because of tax evaders.so have yours.

Jack Kyle · 28-07-2013 10:20PM

mrbad wrote: »

No myth jack Kyle. I first heard of it about 5 years ago.in the uk, and it was meant to be happening here sometime after that.There was a test case.

think about it.you have evaded tax. Being a tax evader, you have committed a crime.its illegal. What planet Are you on to think the insurance company will pay out for you illegal acts.

Its more rip off culture To encourage people to purchase overseas and avoid paying tax.depriving the state of vital income.you Enjoy the roads, gardai schools etc who do u think pays for this.my Taxes have gone up because of tax evaders.so have yours.

Are you serious?

How exactly do you think that insurance works? If someone has a ring and a valuation and they insure the ring, the insurance company don't start looking for evidence that VAT's been paid!

And I purchased in the EU so tax / customs evasion isn't relevant in my case.

mrbad · 28-07-2013 10:58PM

Jack Kyle wrote: »

Are you serious?

How exactly do you think that insurance works? If someone has a ring and a valuation and they insure the ring, the insurance company don't start looking for evidence that VAT's been paid!

And I purchased in the EU so tax / customs evasion isn't relevant in my case.

Glad your not a tax evader and you don't support people evading tax,by not paying importation tax and vat.

Yes I am serious.

And I understand insurance companies quite well.if you Insure your home,and have to make a claim when it has burnt down,they won't pay out if you have failed to mention you have a criminal conviction for say,GBH or what ever.you should have told them.
Insurance companies specilize in wriggling out of paying.all that small writing.if they find out you have committed a crime by illegially importing this ring,they won't pay.
Ask them.

seannash · 28-07-2013 11:49PM

mrbad wrote: »

Glad your not a tax evader and you don't support people evading tax,by not paying importation tax and vat.

Yes I am serious.

And I understand insurance companies quite well.if you Insure your home,and have to make a claim when it has burnt down,they won't pay out if you have failed to mention you have a criminal conviction for say,GBH or what ever.you should have told them.
Insurance companies specilize in wriggling out of paying.all that small writing.if they find out you have committed a crime by illegially importing this ring,they won't pay.
Ask them.

so in my case I lived in new York for 8 years and bought the ring before I returned home for good.
am I a criminal?

mrbad · 29-07-2013 09:42AM

seannash wrote: »

so in my case I lived in new York for 8 years and bought the ring before I returned home for good.
am I a criminal?

I would check with the revenue. Did you pay ur importation tax and then the vat?

Maybe there is exceptions for long periods if you have lived in a country. But they want proof of purchase.
And they may ask for proof or residence there.
U can offer proof if you have been paying income tax there and determine if you are really resident there are just acting the maggot.

But they still may determine you have illegally imported it.
If I import a car after I lived in new York for 8yrs all the vrt taxes etc are still due.I'd say it's the same with high value goods.
So check with your insurance co and the revenue.
With insurance companies I would get the full info from them.not boards.ie

Jack Kyle · 29-07-2013 11:02AM

mrbad wrote: »

I would check with the revenue. Did you pay ur importation tax and then the vat?

Maybe there is exceptions for long periods if you have lived in a country. But they want proof of purchase.
And they may ask for proof or residence there.
U can offer proof if you have been paying income tax there and determine if you are really resident there are just acting the maggot.

But they still may determine you have illegally imported it.
If I import a car after I lived in new York for 8yrs all the vrt taxes etc are still due.I'd say it's the same with high value goods.
So check with your insurance co and the revenue.
With insurance companies I would get the full info from them.not boards.ie

You're posting erroneous nonsense which suggests to me that you've a vested interest in persuading people not to swerve rip-off Ireland and shop overseas.

Someone who has been non resident for a while and returns to Ireland with a car can do so without having to pay VRT on the car.

seannash · 29-07-2013 05:24PM

mrbad wrote: »

I would check with the revenue. Did you pay ur importation tax and then the vat?

Maybe there is exceptions for long periods if you have lived in a country. But they want proof of purchase.
And they may ask for proof or residence there.
U can offer proof if you have been paying income tax there and determine if you are really resident there are just acting the maggot.

But they still may determine you have illegally imported it.
If I import a car after I lived in new York for 8yrs all the vrt taxes etc are still due.I'd say it's the same with high value goods.
So check with your insurance co and the revenue.
With insurance companies I would get the full info from them.not boards.ie

I think I'll take my chances as I'm fairly confident that people have bought rings in NYC and have had successful claims.
how the hell would people insure family heirlooms if they need a proof of purchase

mrbad · 29-07-2013 09:00PM

Jack Kyle wrote: »

You're posting erroneous nonsense which suggests to me that you've a vested interest in persuading people not to swerve rip-off Ireland and shop overseas.

Someone who has been non resident for a while and returns to Ireland with a car can do so without having to pay VRT on the car.

Hi Jack.
It is not erroneous.
It's what I have read. Why are u so defensive? It's no problem, just go ask your insurance company.
I love Ireland.& i dont find it expnsive these days.i am delighted to support my own.and I am surprised u say it's a rip off. The only person ripping us off is someone who buys a ring in the states,and returns and does not pay the vat 23% and also the importation tax,20%(?)
And if the lose it and say oh but it's a heirloom or some untruth, and did thru this succeed in a claim, again they would be ripping us off, causeing everyones premiums to be going up because of them.

Note on car... Now I am no expert, but I understand, u need to re register all cars to Irish reg.VRT,, maybe you don't, but I would check the revenues site.maybe if u have owned it for over a number of years you wil be exempt.

mrbad · 29-07-2013 09:08PM

seannash wrote: »

I think I'll take my chances as I'm fairly confident that people have bought rings in NYC and have had successful claims.
how the hell would people insure family heirlooms if they need a proof of purchase

A link.its from 3years ago.the insurance companies are since much more aggressive.

http://www.consumeractiongroup.co.uk/forum/showthread.php?259990-insurer-won-t-pay-for-lost-ring-please-help

Scroll down, a few people have flatly been refused.

Also this surfaced 6 yrs ago in Ireland

http://www.askaboutmoney.com/showthread.php?p=510098

Scroll down to the end,last two posts. The test case in the uk was mentioned.

Regards.

seannash · 29-07-2013 09:09PM

mrbad wrote: »

Hi Jack.
It is not erroneous.
It's what I have read. Why are u so defensive? It's no problem, just go ask your insurance company.
I love Ireland.& i dont find it expnsive these days.i am delighted to support my own.and I am surprised u say it's a rip off. The only person ripping us off is someone who buys a ring in the states,and returns and does not pay the vat 23% and also the importation tax,20%(?)
And if the lose it and say oh but it's a heirloom or some untruth, and did thru this succeed in a claim, again they would be ripping us off, causeing everyones premiums to be going up because of them.

Note on car... Now I am no expert, but I understand, u need to re register all cars to Irish reg.VRT,, maybe you don't, but I would check the revenues site.maybe if u have owned it for over a number of years you wil be exempt.

Ha ha ha ha ha are you serious?
I hope I never have to make a claim for the engagment ring but if I do I will have paid my high insurance premium for it for many years.

How come the insurance company didn't ask for proof of purchase when I took out the insurance?Whether you agree or not on how someone acquires there engagement ring is absolutely of no concern of yours.
The fact is your talking out of your ring and spreading false information.

I stimulated the US economy with my purchase and paid the taxes over there.
Your basically admitting that because of VAT and import tax it is cheaper to buy outside of Ireland so thanks for confirming that at least

I bought a house with money I made in New York,are you going to begrudge me that also?:P:P

seannash · 29-07-2013 09:14PM

mrbad wrote: »

A link.its from 3years ago.the insurance companies are since much more aggressive.

http://www.consumeractiongroup.co.uk/forum/showthread.php?259990-insurer-won-t-pay-for-lost-ring-please-help

Scroll down, a few people have flatly been refused.

Also this surfaced 6 yrs ago in Ireland

http://www.askaboutmoney.com/showthread.php?p=510098

Scroll down to the end,last two posts. The test case in the uk was mentioned.

Regards.

UK case and the whole second thread is about getting it valued and insured????????
So again this doesn't prove anything other than people who are renting have trouble getting insurance for it.I also had toruble having it insured under household contents but eventually got someone to insure it.

mrbad · 29-07-2013 09:22PM

seannash wrote: »

Ha ha ha ha ha are you serious?
I hope I never have to make a claim for the engagment ring but if I do I will have paid my high insurance premium for it for many years.

How come the insurance company didn't ask for proof of purchase when I took out the insurance?Whether you agree or not on how someone acquires there engagement ring is absolutely of no concern of yours.
The fact is your talking out of your ring and spreading false information.

I stimulated the US economy with my purchase and paid the taxes over there.
Your basically admitting that because of VAT and import tax it is cheaper to buy outside of Ireland so thanks for confirming that at least

I bought a house with money I made in New York,are you going to begrudge me that also?:P:P

Thanks for the email.
Please read the above links with the proof that the insurance companies are not paying out.

I think your very rude to tell me I am talking out of my ring.

Yes,it is cheaper to buy in the states.its no secret.but if u bring it in to Ireland you must pay vat and importation tax.

Pls note, u must declare all facts to insurance companies,if they find out you have lied after, they will,even though you've paid premiums,refuse to pay Up.

Again, pls read the links which prove this is happening. And if you are a nice person, you might even say sorry for being rude to me.
Here is the link again

http://www.consumeractiongroup.co.uk/forum/showthread.php?259990-insurer-won-t-pay-for-lost-ring-please-help

mrbad · 29-07-2013 09:26PM

seannash wrote: »

UK case and the whole second thread is about getting it valued and insured????????
So again this doesn't prove anything other than people who are renting have trouble getting insurance for it.I also had toruble having it insured under household contents but eventually got someone to insure it.

Hi Seannash.

Here is the first paragraph..

insurer won't pay for lost ring.
missy100 12:50 17th May 2010
Hi, i am very upset having lost my engagement ring . The loss adjuster has just visited me and said the only problem he can forsee is the ring not being insured as it was purchased in the USA in 2005 and we don't have proof of having declared it at customs upon bringing it into the UK. He says there is statute / case law on this, but couldn't give me the details and I have google searched to no avail.

Obviously Esure have accepted my premiums for this ring and have the valuation as proof of its existence and value, i have checked their policy and scrutinised their documentation but nowhere does it mention jewellery being bought abroad. I followed their procedure to the letter i.e. it is insured for accidental loss / damage and is a specified item on the policy.

Can anyone please help??

seannash · 29-07-2013 09:28PM

mrbad wrote: »

Thanks for the email.
Please read the above links with the proof that the insurance companies are not paying out.

I think your very rude to tell me I am talking out of my ring.

Yes,it is cheaper to buy in the states.its no secret.but if u bring it in to Ireland you must pay vat and importation tax.

Pls note, u must declare all facts to insurance companies,if they find out you have lied after, they will,even though you've paid premiums,refuse to pay Up.

Again, pls read the links which prove this is happening. And if you are a nice person, you might even say sorry for being rude to me.
Here is the link again

http://www.consumeractiongroup.co.uk/forum/showthread.php?259990-insurer-won-t-pay-for-lost-ring-please-help

Already replied,UK case and we dont know the outcome.
The other thread is basically people trying to get it valued and insured.

How am I lying if they never ask me where bought the ring??

Alas I'm a criminal and incapable of apologies

seannash · 29-07-2013 09:29PM

mrbad wrote: »

Hi Seannash.

Here is the first paragraph..

insurer won't pay for lost ring.
missy100 12:50 17th May 2010
Hi, i am very upset having lost my engagement ring . The loss adjuster has just visited me and said the only problem he can forsee is the ring not being insured as it was purchased in the USA in 2005 and we don't have proof of having declared it at customs upon bringing it into the UK. He says there is statute / case law on this, but couldn't give me the details and I have google searched to no avail.

Obviously Esure have accepted my premiums for this ring and have the valuation as proof of its existence and value, i have checked their policy and scrutinised their documentation but nowhere does it mention jewellery being bought abroad. I followed their procedure to the letter i.e. it is insured for accidental loss / damage and is a specified item on the policy.

Can anyone please help??

So what was he outcome?????

They say the only problem they can forsee,nothing else.

mrbad · 29-07-2013 09:43PM

seannash wrote: »

Already replied,UK case and we dont know the outcome.
The other thread is basically people trying to get it valued and insured.

How am I lying if they never ask me where bought the ring??

Alas I'm a criminal and incapable of apologies

Go google Seannash. They will not pay up for tax evaders.
My I ask, when you bought your ring in the states. Did you Pay importation tax. And also the vat?

Maybe someone else might like to Look at some of the links to clarify.

Sorry to be the bearer of this information that upsets you.
You where rude to say those things to me.
And your last sentence is a bit smart too. Bet you would be nice to me if you met me

seannash · 29-07-2013 09:56PM

mrbad wrote: »

Go google Seannash. They will not pay up for tax evaders.
My I ask, when you bought your ring in the states. Did you Pay importation tax. And also the vat?

Maybe someone else might like to Look at some of the links to clarify.

Sorry to be the bearer of this information that upsets you.
You where rude to say those things to me.
And your last sentence is a bit smart too. Bet you would be nice to me if you met me

Ah yeah I'm sure I would be terrified to tell someone there talking out there ring in real life

Why dont you tell me the outcome.
I'm not upset in the slightest, I'm 100% happy with my decision.

hfallada · 29-07-2013 09:58PM

mrbad wrote: »

Go google Seannash. They will not pay up for tax evaders.
My I ask, when you bought your ring in the states. Did you Pay importation tax. And also the vat?

Maybe someone else might like to Look at some of the links to clarify.

Sorry to be the bearer of this information that upsets you.
You where rude to say those things to me.
And your last sentence is a bit smart too. Bet you would be nice to me if you met me

How does one go about paying VAT and import duties on a ring purchased in the US? I serious doubt revenue could tell you that. Although its tax evasion in theory. Its not calculated and attempting to default the state of millions. A cigarettes smuggler get a suspended sentence. Whats does a person who wanted to get the best ring at a good price going to get? Nothing as Revenue has bigger fish to fry.

I cant see irish insurance companies looking to know why duty and VAT wasnt paid on the camera you brought in Dubai or why wasnt it paid on your macbook. As long as you can produce a decent valuation I imagine thats all they care about. I do work experience in a firm involved with insurance claims and wooden house burned to the ground. There was nothing but a pile of ashes and a few pieces of metals. They insurance company gave them the benefit of a doubt as nothing remained.

Jack Kyle · 29-07-2013 10:03PM

You just pay customs / duty / etc at the airport.

You know those customs dudes you see in the arrivals hall? You approach them voluntarily and pay up.

seannash · 29-07-2013 10:06PM

Jack Kyle wrote: »

You just pay customs / duty / etc at the airport.

You know those customs dudes you see in the arrivals hall? You approach them voluntarily and pay up.

Completely hypothetical but if the ring is given as a gift(she didn't pay) why do they have to pay Duty,how long do they need to be in the country where they bought it to be exempt

mrbad · 29-07-2013 10:07PM

hfallada wrote: »

How does one go about paying VAT and import duties on a ring purchased in the US? I serious doubt revenue could tell you that. Although its tax evasion in theory. Its not calculated and attempting to default the state of millions. A cigarettes smuggler get a suspended sentence. Whats does a person who wanted to get the best ring at a good price going to get? Nothing as Revenue has bigger fish to fry.

I cant see irish insurance companies looking to know why duty and VAT wasnt paid on the camera you brought in Dubai or why wasnt it paid on your macbook. As long as you can produce a decent valuation I imagine thats all they care about. I do work experience in a firm involved with insurance claims and wooden house burned to the ground. There was nothing but a pile of ashes and a few pieces of metals. They insurance company gave them the benefit of a doubt as nothing remained.

Here it is.

http://www.revenue.ie/en/tax/vat/international/faqs.html

Both the links clarify that the insurance companies will not pay out.
Ask you insurance company...
And I will be delighted to read a link that says someone illegally imported a ring,informed the insurance company and they paid up when it was lost.

Surely some one else has heard that this is happening?
If people are evading paying this tax, we are going to b in recession for a lot longer. It's a nasty circle...

seannash · 29-07-2013 10:15PM

mrbad wrote: »

Here it is.

http://www.revenue.ie/en/tax/vat/international/faqs.html

Both the links clarify that the insurance companies will not pay out.
Ask you insurance company...
And I will be delighted to read a link that says someone illegally imported a ring,informed the insurance company and they paid up when it was lost.

Surely some one else has heard that this is happening?
If people are evading paying this tax, we are going to b in recession for a lot longer. It's a nasty circle...

The links don't clarify that insurance companies wont pay out.

Also how is it that you are legally allowed to import good which you have purchased and used in the united states without paying any duty???

People do this all the time when they come back to Ireland with shipping companies dedicated to doing this.

username123 · 29-07-2013 10:20PM

Never even thought of import duty and vat. Just googled it there, it is true, you do have to pay duty and vat on jewellery outside the EU. I see reference on the askaboutmoney website where someone states insurance companies may not pay out either. Maybe best to ask your insurance company what their policy is on payouts for imported jewellery that has not had duty and vat paid on.

I wouldn't even have thought of it actually.

Jack Kyle · 29-07-2013 10:23PM

Eh, isn't it idiotic to ask the insurance company about your non duty paid jewellery?!

username123 · 29-07-2013 10:26PM

Jack Kyle wrote: »

Eh, isn't it idiotic to ask the insurance company about your non duty paid jewellery?!

Well yes, but if someone truly disbelieves the facts, maybe hearing it from their own insurance company is the only answer.

username123 · 29-07-2013 10:30PM

hfallada wrote: »

Although its tax evasion in theory.

Tax evasion in theory is tax evasion. I'd love to hear the revenues response to 'well in theory......'

seannash · 29-07-2013 10:31PM

http://www.hitched.co.uk/chat/forums/p/306106/2855513.aspx

A link where someone who works in insurance says they shouldnt have a problem claiming.

Mountain girl · 30-07-2013 11:17AM

HI Jack Kyle can I ask what shop you went with in Antwerp as we are considering this?

mrbad · 31-07-2013 06:49PM

seannash wrote: »

http://www.hitched.co.uk/chat/forums/p/306106/2855513.aspx

A link where someone who works in insurance says they shouldnt have a problem claiming.

There is a touch of"my mate dave says"

Shouldn't ,, not good enough.facts only plS

mrbad · 31-07-2013 07:00PM

seannash wrote: »

The links don't clarify that insurance companies wont pay out.

Also how is it that you are legally allowed to import good which you have purchased and used in the united states without paying any duty???

People do this all the time when they come back to Ireland with shipping companies dedicated to doing this.

Gosh Seannash. You really aren't the sharpest are you?

Legally imports easy.pay your importation tax,and your vat at airport.or with the revenue.

If you lose your ring Seannash,the insurance co ask for reciept .uve none, no pay up.
You give them reciept from America. They say oh thanks.where is the reciept for importation and also vat paid.u say u didn't pay them.they say, it's an illegal import.they don't have to pay.

You rip off this country by not paying these taxes.and if you do tell big lies to hood wink the insurance co.. You are ripping off all of us here,cause our premiums go up.

But it's easy.if u are worried, ask you insurance co.

Engagement ring shopping!

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