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BTI, VAT & all that
Posted: Sun Oct 30, 11 11:43 pm
by ronfenton
I haven't seen much on here about the BTI and low VAT but we have been getting cars in successfully under the BTI. We had one rejected because it was too far from orignal.
For guidelines, the car must be over 30 years old, be "rare," be original, be complete and I was told over the phone by HMRC that it should be a running vehicle but again this is a difficult one to prove.
They won't accept modified cars, engines, gearboxes missing etc.
Every vehicle is a seperate application and individually assessed.
I have also found out that the HMRC are not going appeal the recent case they lost so this is here for a while.
If successful the duty is 0% and VAT 5%.
Hope this helps.
Cheers, Ron
Posted: Sun Oct 30, 11 11:54 pm
by Adrian Worman
Yes it does mate, ta for posting Ron
Posted: Mon Oct 31, 11 1:50 am
by RobTwin
That might encourage a few more people to import a car
Certainly helped us when we brought the Dodge in
Posted: Mon Oct 31, 11 9:39 am
by Ivor
Thanks for posting that information Ron, excellent stuff!
Posted: Mon Oct 31, 11 2:00 pm
by Jeff
Yeah... anyone wanna buy mine?
Posted: Mon Oct 31, 11 7:37 pm
by BUDGIE
£2 CLAP landed Jeff.............
Posted: Mon Oct 31, 11 7:46 pm
by Anonymous
Very Interesting the BTI scenario!
In 2004 I was denied my BTI as a 69 Charger wasn't rare enough and there were something like '500' applications by May that year already!!!
The taxation office were clamping down and no more BTI's anymore.
So I told the BTI guys that it was a rare Nascar homologation model of 500 made for 69.
He then said that the '500' logo was a trim option for Chargers and Cornets and I was trying it on LoL!!!
Then I had a real stroke of luck and he found out I was telling the truth and I got my BTI and saved a small fortune!
Good to hear they are BACK!!!!!!!!!!!!!!!!
Bacca
Posted: Mon Oct 31, 11 7:57 pm
by BUDGIE
I'm applyin for a refund
Posted: Mon Oct 31, 11 9:10 pm
by AL
Does that mean you can apply for it retrospectively.
Posted: Mon Oct 31, 11 9:13 pm
by Jules
Worked for me. Saved a pile of dollar
Better in my pocket than Mr. Taxman's
Posted: Mon Oct 31, 11 9:34 pm
by AL
Where do I begin
Posted: Mon Oct 31, 11 9:46 pm
by Jules
Hill shipping sorted out my BTi for me when I brought over the Coronet
Posted: Tue Nov 01, 11 7:29 am
by autofetish
Jules wrote:Hill shipping sorted out my BTi for me when I brought over the Coronet
same here with my charger
Posted: Tue Nov 01, 11 9:20 pm
by AL
What I mean is,imported mine in 2008 .Is there any chance now of reclaiming some revenue.
Posted: Tue Nov 01, 11 9:40 pm
by newport100
Thanks Ron
Thats all news to me !
I havent bothered looking on Ebay usa for ages- guess where im goin now!!