How much is import tax on a car from Japan?
Importing a car from Japan incurs VAT (20%) and import duty (10%). The UKs HMRC will notify you of the exact amount due after youve declared the vehicle.
Oh boy, importing a car from Japan, huh? That’s a big undertaking! So you’re wondering about the import tax? It’s a bit of a headache, let me tell you. I tried to import a vintage motorbike once – a beautiful, cherry-red Honda CB750 – and let me just say, the paperwork alone nearly drove me mad.
Anyway, I think you’re looking at about 20% VAT (that’s Value Added Tax – you know, the general sales tax) and another 10% import duty. At least, that’s what it seems like from what I’ve read. But honestly, don’t quote me on those exact numbers! They can change, you know, like the weather.
The UK’s HMRC (Her Majesty’s Revenue and Customs – sounds so official, right?) will tell you the precise amount once you’ve told them everything about your car. They’re gonna want every single detail, believe me. I spent ages filling out forms for that motorbike! It felt like I wrote my life story… three times.
So, bottom line? It’s not just a simple calculation. It depends entirely on the car’s value, age, and probably a million other things I don’t even know about. Seriously, prepare for some paperwork. Think mountains of paperwork. Maybe even build a small shrine to the HMRC; you’ll need all the good vibes you can get! Good luck! You’ll need it.
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