Importing a vat qualifying car usually requires your exporter to export the car within 12 weeks of buying it. The Personal Export Scheme allows you 12 months to export it so you can enjoy your car in the UK and Europe for a few months and still export it and benefit from the VAT free price. We explain how thing could work for you.
Escape the NZ winter and take a road trip through the Europe. Sample the delicacies, soak up the centuries of culture and drive on some of the most famous roads in your new car. Sound like a plan? Then when you’re ready to return home, have your car shipped back to NZ for you. You may have friends who have done precisely this and wondered if it’s something you could do. Well, the personal export scheme is available in the UK to help you do precisely that and our team can make it all happen for you. This story explains how you qualify and how it works. For more details, contact us and we’ll be delighted to help.
What is the Personal Export Scheme?
When you buy a vat qualifying car from the UK to export, normally the car must be permanently exported within 12 weeks or you lose the window to claim the tax back. The Personal Export Scheme is there to allow you to drive your car in the UK and Europe for up to 12 months and still be able to benefit from reclaiming the VAT.
How do I Qualify?
Overseas visitors who have not been in the EU for more than 365 in the past 2 years, OR 1,095 days in the past 6 years. When your road trip is over you must not return to the EU for at least 6 months.
Which Vehicles Qualify?
The good news it, it’s not just cars that qualify, it also applies to motorbikes and motor homes.
How Does it Work?
Once you have chosen and bought your car, we collect it and bring to it our offices. The application process begins when we meet and complete the paperwork and provide the required ID. We send this off and we wait. The application approval takes 2-3 weeks so you may want to have a plan to visit friends and family in the UK for this bit. When your approval comes through, you then come to collect your car from us and your roadtrip can begin!
Who pays for the VAT?
We do. And for that reason we cannot release your car until it has been approved. You don’t need to pay upfront and then have it returned upon approval. You simply pay the price we agree.
What About the Export Bit?
When the time comes we will be happy to take care of the permanent export of your car so you can feel relaxed that your car is in safe hands back to NZ. Simple.
So next time you are considering getting away for a bit. Think about this... with a bit of planning you could be driving your new car through the Italian countryside somewhere between Florence and Rome. To get your road trip underway, email email@example.com or call us +44 (0)1483 275 756 and we’ll be delighted to help.