Any views on the pitfalls of a Jersey, Channel Islands, resident buying from the UK mainland and personally importing a car, given that the local market prices don't seem to play fair with VAT?
Now here's another issue: if I were to move to the UK mainland within the next 12 months am I liable for VAT to be levied when I bring the car back?
If I do not take the car out of the UK for 12 months (therefore not permanently exporting according to DVLA) can I still claim the VAT relief as a Jersey resident?
The car UK mainland dealer will not deduct the VAT at source that will be down to me to claim that back, is that correct?
Does anyone know the process and the likely fees charged by agencies that claim VAT back on my behalf?
I have the rates of duty to import into Jersey as well as costs to register the car here (although registering is unesessary if the car is in the island for more than 6 months but less than 12 months.) On the basis that I do not sell the car for 12 months after importing into Jersey and subsequently bringing it into the UK.
Grateful for any answers to the above or your own experiences and lessons learned.
Thanks
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