Shafted !

Started Mar 2, 2012 | Discussions thread
AlanClements
Regular MemberPosts: 104
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Re: Shafted !
In reply to onechobeach, Mar 2, 2012

The cost of the 5D 3 in the USA is $3499 or £2198 at the current rate of exchange.

If you buy it in the USA (tax free) and bring it into England the cost is 2198 plus 20% VAT or about £2637 which is about £360 less than the US selling price. THAT, is the extend ot the rip-off.

Now, if you bring it into the UK and do not declare it at the customs point, you can save an additonal £439 you would have to pay as VAT on the US price. There are two snags here. The first is that you are going through the 'nothing to declare' channel and, if you are caught, you are likely to get a criminal record and pay a large fine (UK customs and excise are not cuddly people). Remember that people who stole a few quid from shops during the recent riots got custodial sentences - you'd be stealing over 400 quid.

The other problem is, well, you'd find it a bit difficult to moan about MPs fiddling expenses.

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