Riddle me this:
I export a car temporarily to Poland, where work is done, the car is then returned/imported back into the UK.
Due to the work done on the car it's going to be worth more when re-imported.
To keep it easy, a 10k car leaves, then a 20k car comes back.
Do I pay duty and VAT on the 10k that the car has gained on it's return?
Surely you should de-value your car? 20k on the way out, 10k on the way back, they owe YOU money! £££££££
@n3il started
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Riddle me this:
I export a car temporarily to Poland, where work is done, the car is then returned/imported back into the UK.
Due to the work done on the car it's going to be worth more when re-imported.
To keep it easy, a 10k car leaves, then a 20k car comes back.
Do I pay duty and VAT on the 10k that the car has gained on it's return?