Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 21,000+ forum members and 1 million+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. Sign up for FREE to view the forum with reduced ads. 

The Booze run to France - for PMs?


Pritchard

Recommended Posts

18 minutes ago, BackyardBullion said:

Within the EU there is no £10,000 limit unless I am mistaken

I understood that although there is no £10,000 limit, anything over that needs to be declared (Money Laundering/ Terrorism etc) I guess HMRC then decides if there are any charges incurred.

Ie if bringing in £12,000 it has to be declared otherwise it could be confiscated. I guess with HMRC that could mean the full undeclared £12k gone and not just the £2k over... ?

I may be totally wrong on that though BB. Definately need to check if anyone thinking of loading up the van in Belgium...

Link to comment
Share on other sites

I think you might have to be careful re importation of what is regarded as bullion vs investment coins/bars. Not really sure but if interested I would write to HMRC at address on their website and clarify and then have a copy of the letter with you on entering the UK.

Legal currency of any country would fall under bullion. Bars/rounds etc may fall under investment. Some countries have different definitions re VAT.

Link to comment
Share on other sites

It shouldn’t make any difference if it’s all within the EU (until Brexit!).  It’s not really ‘importing’, it’s classed as free movement of goods within the EU.  Any import duties (if it originated outside of the EU) will have already been paid by the importer.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use