We've covered this in another thread. There isn't a single cycle component on the planet that is wholly sourced in the UK. Even the component manufacturers use raw materials that are imported.
Buy now or wait brexit ??♂️
- Thread starter Ripping g
- Start date
that pretty much applies to every mechanical product from every country!!
I ordered my new Cube a couple of months ago and was worried that it may be subject to duty, now that we have a “deal” (of sorts) there will be no Customs Duty payable as it’s coming from Germany, VAT, to the end customer, will stay the same it’s just that the importer will account for it differently. The only potential extra cost will be for all the extra paperwork this “deal” will generate. However in the cost of an individual bike I can’t see this being more than £5 so will probably be absorbed by the importer/dealer.
I will be interested to hear how this pans out, please keep us informed.
steve_sordy
Wedding Crasher
In the coming year, I expect that many supply chains will be reorganised.
Pyr0
E*POWAH Master
Just read about a bike shop that has said going forward, they will ship everywhere in the world except the UK due to the additional work and charges they face.
road.cc
Dutch bike part dealer shipping to every country in the world except UK because of Brexit VAT change
Boldly gone – e-commerce issue was identified by William Shatner in October
Just read about a bike shop that has said going forward, they will ship everywhere in the world except the UK due to the additional work and charges they face.
Dutch bike part dealer shipping to every country in the world except UK because of Brexit VAT change
Boldly gone – e-commerce issue was identified by William Shatner in October
What a world beating system ...
You couldn't make it up...
singletrackworld.com
Update: Brooks temporarily suspends shipment of UK made saddles to the UK due to Brexit
British made Brooks saddles are no longer being shipped to UK customers due to Brexit uncertainty. UPDATE: Extra, the UK distributor has been in touch to explain that Brooks products are still avai…
singletrackworld.com
Pyr0
E*POWAH Master
At least they say temporarily.
It looks like things will get difficult for small imports, less than £135, if we ordered something from the USA say costing less than £135 then we would pay VAT to the post office or courier company who would account for it to HMRC. Now the overseas seller has to register and account for the VAT!! Can’t see many small companies in the EU wanting to do that let alone the USA or elsewhere! Brexit, the gift that keeps on taking.
I always loved buying a item from the USA just above the import threshold being charged import duty, vat and then a handling fee (having it held for a week while they sent me the payment demand) doubling the cost and the shipping time.
Every time I had this overwhelming feeling of patriotism and sovereignty, humming Jerusalem while doing my bit.
#Borisgotmedone
Every time I had this overwhelming feeling of patriotism and sovereignty, humming Jerusalem while doing my bit.
#Borisgotmedone
Pyr0
E*POWAH Master
Yep, this is precisely why the Dutch bike shop above have decided not to ship things to the UK anymore.It looks like things will get difficult for small imports, less than £135, if we ordered something from the USA say costing less than £135 then we would pay VAT to the post office or courier company who would account for it to HMRC. Now the overseas seller has to register and account for the VAT!! Can’t see many small companies in the EU wanting to do that let alone the USA or elsewhere! Brexit, the gift that keeps on taking.
This isn't looking good.
The only places I could find certain parts/items were often shops in the EU
Still waiting for somebody to explain what the advantages of this clusterf@*#k are, other than a blue passport and the nebulous concept of Sovereignty!
I'm still waiting for someone to explain same but without lying through their teeth!
I'm sure these shops in the EU sell to the other 20+ counties in Europe not in the EU, plus the hundreds of other countries around the world.
I would like to think this will be someone's job when back into work tomorrow to start putting the procedures in place to sell to the uk.
I would like to think this will be someone's job when back into work tomorrow to start putting the procedures in place to sell to the uk.
KeithR
Well-known member
No, there were plenty of warnings about shit like this - but they were dismissed as "Project Fear", remember?
Apparently, the registration fees for having the pleasure of collecting VAT for the UK government are around £1000 per year. The simplest option for the Euro shops is to just refuse sales under £135.
Just had a friend tell me that his order, for a £25 set of pawls, has just been refused by the Slovakian retailer he ordered from. He'll get a full refund but now has to spend over £90 buying an entire new freehub, as the pawls are not available separately in the UK.
Come on now peeps !
What about all the positives .. you know .. like .. erm .....
Global importance ! Boris is now much more important now he's a bigger fish in a smaller pond ! That rocks .. maybe .. it must .
OK, so he failed miserably when he tried to make London a separate sovereign state from the UK to become King Boris of London, but at least second time round he's pulled it off . Disney couldn't write this sh1t.
If it makes anyone feel better, it's completely shite for anyone elsewhere in Europe who has UK connections. Bank accounts are closed because that's too complicated and expensive - this will be the same for lots of companies not just muppets.. On the bright side, a huge number of Ex pats committed Suicide because of all the uncertainty - so they didn't count against any covid numbers ! But you know, water under the bridge of progress ..
What about all the positives .. you know .. like .. erm .....
Global importance ! Boris is now much more important now he's a bigger fish in a smaller pond ! That rocks .. maybe .. it must .
OK, so he failed miserably when he tried to make London a separate sovereign state from the UK to become King Boris of London, but at least second time round he's pulled it off . Disney couldn't write this sh1t.
If it makes anyone feel better, it's completely shite for anyone elsewhere in Europe who has UK connections. Bank accounts are closed because that's too complicated and expensive - this will be the same for lots of companies not just muppets.. On the bright side, a huge number of Ex pats committed Suicide because of all the uncertainty - so they didn't count against any covid numbers ! But you know, water under the bridge of progress ..
Sad that folk prefer to simply believe whatever suits their worldview rather than check the facts. Moving the charge point for VAT from customs to point of sale is a policy already implemented by several countries around the world including Australia and the US and is desined to reduce tax avoidance......and for the Europhiles....is EU policy due to be implemented by the EU in July 2021. This Dutch business should be aware of the process, most especially since the Netherlands already employs exactly the same process!!
Extract from the Equivalent Dutch site to Gov.uk.
Supplying to private individuals or foreign entrepreneurs
Do you supply goods to private individuals or other foreign entrepreneurs in the Netherlands? Then you must charge VAT. You are also required to file a VAT return in the Netherlands. In order to do so, you must register yourself with the Netherlands Tax and Customs Administration.
Registering for VAT with HMRC can be done online and there is no charge from HMRC. There would of course be a charge levied by Accountants etc if a company uses their services but those are professionals service charges not charges by HMRC and nowhere near £1000.
This Dutch business has a simple decision to make. If sales to the UK are a minor part of turnover it can merely stop supplying UK orders. Other suppliers in the market will fill the void if it represents worthwhile business. Alternatively it can make its goods available via an online service like Amazon or Ebay who then become responsible for accounting for the VAT.
Extract from the Equivalent Dutch site to Gov.uk.
Supplying to private individuals or foreign entrepreneurs
Do you supply goods to private individuals or other foreign entrepreneurs in the Netherlands? Then you must charge VAT. You are also required to file a VAT return in the Netherlands. In order to do so, you must register yourself with the Netherlands Tax and Customs Administration.
Registering for VAT with HMRC can be done online and there is no charge from HMRC. There would of course be a charge levied by Accountants etc if a company uses their services but those are professionals service charges not charges by HMRC and nowhere near £1000.
This Dutch business has a simple decision to make. If sales to the UK are a minor part of turnover it can merely stop supplying UK orders. Other suppliers in the market will fill the void if it represents worthwhile business. Alternatively it can make its goods available via an online service like Amazon or Ebay who then become responsible for accounting for the VAT.
All joking aside ...
There still must be the risk, that due to supply problems (covid thing), if you're running a company and you actaully know you can and will sell all you can get - easily - because you can't get much, therefore your turnover will be reduced. Would you sell to places where it's easier and cheaper, or would you sell where it's more complicated and more expensive - god knows what returns and returns of returns will be like .
This is not companies being ill prepared, bitter, nasty, difficult, this is companies thinking logically of their own survival.
There still must be the risk, that due to supply problems (covid thing), if you're running a company and you actaully know you can and will sell all you can get - easily - because you can't get much, therefore your turnover will be reduced. Would you sell to places where it's easier and cheaper, or would you sell where it's more complicated and more expensive - god knows what returns and returns of returns will be like .
This is not companies being ill prepared, bitter, nasty, difficult, this is companies thinking logically of their own survival.
KeithR
Well-known member
All of which is to miss the point - is this what we voted for? I know the Brexiteer meme is that "they knew" what Brexit meant, but self-evidently that's not the case.
Specifically, we were assured of frictionless trade. We're not within a country mile of that.
Nothing to do with Worldview, it's a demonstrable fact that this current state of affairs isn't what we were promised, and no amount of spin is going to change that.
Sadly that doesn't exist anymore .
The motto within business is that survival is not compulsory. Change is the norm for business and its ability to meet the ever changing forces in the market place define those that survive and thrive. Companies large and small meet those challenges by diversification, cost reduction, efficiency improvement, accessing new markets, out pacing competitors. Covid is of course extraordinary and poses huge challenges. Differing trade arrangements for an exporter/importer are not. They are business as normal. Brexit has been ongoing for nearly 5 years. It is hardly a surprise. Trade arrangements for the UK with only the question of tariff/no tariff, quota/no quota have been published for months. Any business worth its salt would have set out plans months ago. Certainly from the UK perspective the most likely outcome of Brexit was No Deal and if any sort of deal was agreed it certainly would not include membership of the single market or customs union. So all that has happened that differs from that, is that trade of goods is tariff and quota free and the UK has implemented the move of low value item VAT from customs to point of sale 6 months in advance of the same policy being implemented throughout the EU.
Not sure that my friend has any choice in whether to believe that his £25 order has been cancelled, nor in whether his next cheapest option is a £90 alternative that leaves him with a significant increase in waste product (entire freehub v's a couple of bearings). Another friend has had a bike on order from Canyon, for 6 months, a part needed to complete the bike has been Covid delayed. He's been told, by Canyon, that the cost of his bike will now be close to £500 more than originally, as it will be delivered post-Brexit. The alternative is he can have a refund, but at today's exchange rate and not the rate as it was when he paid. Either way he now loses out to the tune of a few hundred pounds. On top of these real-world instances, I didn't see the NHS rejoicing in their extra £350m this week, did you..?
Your mates order for a set of pawls would not been any use to him then if he actually needed a couple of bearings a wide range of which are available in the UK.
There is nothing in terms of export post Brexit that would cost Canyon £500 on one bike so that increase is obviously a general price increase. If a deposit..or (foolishly) the full price was paid, a contract was formed so Canyon are obliged to fulfil the original contract terms.
You mate needs to direct his angst at Canyon for poor customer service and breach of contract.
Not the bike market but an example of customer service from a UK company also dealing with Covid and Brexit. Compare and contrast.
NOTICE: Buying from Canford after Brexit and the UK’s departure from the EU - Canford News
NOTICE: Buying from Canford after Brexit and the UK’s departure from the EU - Canford News
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