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Taking bait to Europe? (85,411 views)
Frenzy Frenzy
Posts: 11,403
#145 19 Jan 2021 11:01
0
In reply to Post #144
regarding overseas bait sales,

its high, as people generally take alot more per week than they do in their uk angling..
Jimmy-LMDM
Posts: 67
#146 19 Jan 2021 12:02
0
In reply to Post #144
Say 1000 anglers come over each week (no idea how many come over, anyone know?) all with 20kg (conservative) that's 20 tons a week by my calculation. All paying say £7 a kg on average that'd be 140k worth of trade a week for the industry or nearly £5 million in a 35 week season.

Those numbers seem right to everyone?
Frenzy Frenzy
Posts: 11,403
#147 19 Jan 2021 12:11
0
In reply to Post #146
i know on my trips bait is an average of 40Kg per angler...
Winkler
Posts: 663
#148 19 Jan 2021 12:22
0
In reply to Post #146
That looks reasonable to me, as an average probably about right. If you were to include hookbaits, liquids, pellets, particles, it is a viable business opportunity..
Winkler
Posts: 663
#149 19 Jan 2021 12:25
0
In reply to Post #14
An earlier post but you should not be charged VAT on any UK export now, unlike prior to the 1st Jan. You will of course pay duties there in France including handling fees no doubt..
Jimmy-LMDM
Posts: 67
#150 19 Jan 2021 12:42
0
In reply to Post #147
Yes 20kg is a minimum here, 30kg is usual for boilies alone.
I also suspect that more than 1000 anglers cross the border each week during the season.
Working out the numbers involved also validates the EU'S stance on bait. It's easy to fall into the trap of thinking its just a few bags here and there in the back of peoples vans but 700-1000+ tons a year is not an inconsiderable amount.
Frenzy Frenzy
Posts: 11,403
#151 19 Jan 2021 12:45
0
In reply to Post #150
its a substantial amount of bait and revenue mate.

Jimmy-LMDM
Posts: 67
#152 19 Jan 2021 12:51
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In reply to Post #149
Correct Winkler and again this works out against small businesses in general.
If you're not VAT registered then you can't zero rate VAT for export but France will still slap VAT on over a certain value I believe (I'm not 100% on this as I know that for smaller lower value items this can be avoided but I think there is a cap on this and it still needs to be applied over a certain amount)
Yellowman Yellowman
Posts: 519
#153 19 Jan 2021 15:01
0
In reply to Post #150
I trust the "rope" pulls both ways and we apply the same rules to French cheese, wines and other food stuffs heading for the UK ?
Oldfellah Oldfellah
Posts: 1,120
#154 19 Jan 2021 15:09
0
In reply to Post #153
We are now charged as a third country which was our choice and again, any paperwork and charges we put on will be applied where goods are imported. One thing that is stopping a lot o smaller companies exporting to the UK from the EU is that Boris insist that they register for UK vat and collect it on behalf of our Government. The cost of doing so is totally out of any perspective to the value of trade. Interesting times ahead methinks.
Jimmy-LMDM
Posts: 67
#155 19 Jan 2021 15:19
0
In reply to Post #154
The VAT system the UK government has put in place is an absolute fiasco, designed to shift the UK's shortcomings onto possible importers.
JK JK
Posts: 277
#156 19 Jan 2021 15:24
0
In reply to Post #154
Same thing applies to UK companies exporting to the EU once you reach a certain limit....which the French have reduced by quite a lot...
Jimmy-LMDM
Posts: 67
#157 19 Jan 2021 15:55
0
In reply to Post #156
The UK's new VAT on imports system is unique in the world... for a reason it turns out

https://www.ft.com/content/bae02f57-a648-45fd-a774-6b341aa59caf
Tinhead Tinhead
Posts: 17,084
#158 19 Jan 2021 17:04
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In reply to Post #157
Have you got a link that doesn't require a sign in?

JK JK
Posts: 277
#159 19 Jan 2021 17:22
0
In reply to Post #157
Yeah I'm not disagreeing with you Jim and again as I said at he beginning of the thread I'm far from an expert on these matters but there are different VAT rules for goods, services and e-commerce/distance selling...its beyond complicated but if you read stuff from the press which had a preference to remain/anti government they'll always pick out the worst parts of everything!

I've had a couple of supplier's stop shipping so well aware it's happening...
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