The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 22 June 2019, 05:15 AM   #1
Oaker1
"TRF" Member
 
Join Date: May 2019
Real Name: Mike
Location: UK
Watch: Submariner 114060
Posts: 262
Buying a watch in the EU, and bringing back into the UK

Apologies if this has been asked before. If a Rolex, or any other brand watch for that matter is purchased in the EU, and brought back into the UK, are any further taxes/duty due, in addition to the purchase price? Thanks in advance.
Oaker1 is offline   Reply With Quote
Old 22 June 2019, 05:17 AM   #2
foxy1moo
"TRF" Member
 
Join Date: Feb 2015
Location: Amsterdam
Posts: 28
Now no, post-Brexit, maybe...
foxy1moo is offline   Reply With Quote
Old 22 June 2019, 05:18 AM   #3
Duende01
"TRF" Member
 
Join Date: Oct 2017
Location: In Mars...
Posts: 291
Isn't the UK still part of the EU? If so, I would think that there won't be any additional duties owed.
Duende01 is offline   Reply With Quote
Old 22 June 2019, 05:18 AM   #4
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,368
No, still a single market until Oct 31st.
AK797 is offline   Reply With Quote
Old 22 June 2019, 05:18 AM   #5
al1786
"TRF" Member
 
al1786's Avatar
 
Join Date: Oct 2016
Location: GB
Watch: 116520
Posts: 307
As long as it’s EU Europe, no further tax to pay on bringing it back to UK.


Sent from my iPhone using Tapatalk
al1786 is offline   Reply With Quote
Old 22 June 2019, 06:22 AM   #6
FreshPrince14
"TRF" Member
 
FreshPrince14's Avatar
 
Join Date: Jul 2010
Location: TRF
Watch: 16710 & 6694
Posts: 792
Nope. The whole point of the single market.

Sent from my CLT-L09 using Tapatalk
FreshPrince14 is offline   Reply With Quote
Old 22 June 2019, 07:36 AM   #7
Oaker1
"TRF" Member
 
Join Date: May 2019
Real Name: Mike
Location: UK
Watch: Submariner 114060
Posts: 262
Ok thanks all. Might not have to worry anyway, as most of Europe is probably Rolex SS Sports dry, I assume.
Oaker1 is offline   Reply With Quote
Old 22 June 2019, 07:37 AM   #8
CharlesN
"TRF" Member
 
CharlesN's Avatar
 
Join Date: Oct 2005
Location: The UK
Watch: I love them all.
Posts: 1,858
So long as you buy your new watch in a country that is part of the EU you won't have any problems bring it back here.

No taxes or VAT to pay in the UK either.
__________________
Regards,
CharlesN
Member of the IWJG.
CharlesN is offline   Reply With Quote
Old 22 June 2019, 09:13 AM   #9
watchmaker
TechXpert
 
watchmaker's Avatar
 
Join Date: Feb 2009
Real Name: Scott
Location: London
Posts: 2,242
The previous replies are correct.

I will add one qualifier to them. You must have paid vat in the EU country to have no vat due in the UK.

So for example: if you buy a watch duty free in an EU country while you are en route to a non EU country, you will owe import duty and VAT on return to the UK.
watchmaker is offline   Reply With Quote
Old 22 June 2019, 12:30 PM   #10
jagwap
"TRF" Member
 
Join Date: Aug 2009
Location: China
Watch: IWC IW389001
Posts: 762
Buy it in Denmark or another country with 25% sales tax after Brexit and make a saving.
jagwap is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

My Watch LLC

OCWatches

Asset Appeal

Wrist Aficionado

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.