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Importing parts - VAT, GST and duty

 
 
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Old 01-05-09, 09:55 AM
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Location: Nr. Stroud, Glos
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Default Importing parts - VAT, GST and duty

Kevin

There are over 50,000 people employed in the Classic car business in
the UK and there are some of the best restoration companies in the
world operating here. They rely on overseas customers because in the
main Brits don't have the money. Because of all the costs and taxes in
the UK a customer will spend almost twice as much as having the same
job done in the US, twice as much as Australia where there are very
good companies and more than twice as much as New Zealand or South
Africa. Not surprisingly Brit companies are losing work overseas. The
British government played a major part in killing off manufacturing in
the country and now it is killing the service industry.

I could elaborate, even give a history lesson, but we are too heavily
taxed over here and it is highly damaging in a Global Market IMO.

Ash
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