You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more
Hiya - what's the deal with Marino bikes and tax - likely to get stung, how much?
Cheers Alex
Yes, VAT and import duty plus fees. I can't remember exactly but I think it was a bit less than £100. All in I think I paid under £450. It was a few years ago now so can't remember exactly but I know it was cheaper than any off the shelf comparable steel frame.
Isn’t it 20% VAT plus then whatever duty is due - I want to say 4% but I don’t know why.
Is that 20% on the price of the frame, or 20% on the frame + shipping?
Alex
You won't get stung, but you will have to pay the taxes/charges for buying a product and getting it delivered.
Is that 20% on the price of the frame, or 20% on the frame + shipping
Not sure on VAT offhand (though I should know) but duty is a % of product plus shipping value. 4.5% duty on a bike frame into the UK.
Does he just do steel frames?
Yeah. 4130 or 725 IIRC