thoughts, help needed about posting abroad

bimota

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Hi GUYS,
your thoughts on this one please, i sold my carbon panels and fork guards to a guy in SWEDEN i live UK, now he,s paid me £675 all done, but because SWEDEN is in the EU
and UK is not anymore he has asked me to put on the customs form that the value is no more than £250 or he,ll be hit with big tax bill.
Now PARCELFORCE UK, want £28 plus £28 insurance for full value of £675 to ship to SWEDEN, my worry is if it arrives fine with customs label saying valu is £250 he gets the parcel and no tax or little, but if it gets damaged where do i stand as i,ve paid the extra £28 insurance for the full value but the custom label says £250

i guess it would be a big issue for me if lost or damaged any thoughts

rob
 

Jlq1969

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Make two shipments….divide the price of the operation, between the two shipments….send him a part this month….and the rest next month….you already received the total of the sale, you just have to talk to the buyer , to see if it is convenient for him to make the shipment in two parts
Probably, he has a maximum amount to import (per operation), and from that amount he has to pay some import tax
 

bimota

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i may have fallen lucky, the guy lives in Malmo Sweden postage was over £60 with insurance for the value of the parts,
but just emailed me saying his work partner is coming to the UK next week in a car to a holiday appartment he has in Ludlow 3 hrs up
the road from me, so i can ship to there his mate can take them back in the car and avoid the custom tax thing anyway

rob
 

Jlq1969

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Misrepresenting a value for the purpose of avoiding tax is a crime in my country. Glad you found a legitimate solution.
This import in this case, is something “personal, but…,
usually it is “just the opposite. Normally, importing into a country that charges a lot of taxes is done at the "maximum" price possible, to sell the product at the market price, generate a minimum profit, and pay a minimum tax, but you need in the middle, a country that does not collect income taxes. For example, If you buy an item for u$100 in china, and send it to the British Bermuda Islands (tax free) at cost (u$100)….and then from there you send it to the USA, at u$200 (market price is u$210 )….you would pay income tax in the USA, only for u$10….but in reality you won u$100 tax free:)
the product travels directly from china to the USA... but the papers leave from the Islands...
 

Longdog Cymru

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i may have fallen lucky, the guy lives in Malmo Sweden postage was over £60 with insurance for the value of the parts,
but just emailed me saying his work partner is coming to the UK next week in a car to a holiday appartment he has in Ludlow 3 hrs up
the road from me, so i can ship to there his mate can take them back in the car and avoid the custom tax thing anyway

rob
Thats fortunate, it’s a nice ride up to Ludlow with some nice places for a coffee and cake too! Result! :)
 

AusTexS10

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I had been offput at first because I thought you would only post it to UK. Then I found out in an email from my sis that she was doing a theater tour in London, but they had already been sold to Sweden. Lucky buyer, those are nice pieces. I didn't really need them (none of us really do), but what does that ever have to do with an acquisition choice for our rides?
 

bimota

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bridgend, Wales, UK
I had been offput at first because I thought you would only post it to UK. Then I found out in an email from my sis that she was doing a theater tour in London, but they had already been sold to Sweden. Lucky buyer, those are nice pieces. I didn't really need them (none of us really do), but what does that ever have to do with an acquisition choice for our rides?
to be honest i was shocked at the postage to the USA because of the insurance value at asking price for the 3 of £700 odd pounds
the postage was coming in at £135 didn,t think anybody would want to pay that on top of the parts, thats why i thought uk only
and the lad from Sweden even though i said postage would be £70 plus on top was still biting my hand off, lucky for him his mate is in ludlow uk next week
rob
 

AusTexS10

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to be honest i was shocked at the postage to the USA because of the insurance value at asking price for the 3 of £700 odd pounds
the postage was coming in at £135 didn,t think anybody would want to pay that on top of the parts, thats why i thought uk only
and the lad from Sweden even though i said postage would be £70 plus on top was still biting my hand off, lucky for him his mate is in ludlow uk next week
rob
Makes perfect sense to me at this point. Some of these shipping costs have gotten way out of hand. Glad the parts found a good home.

Randy
 
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