Graeme Seymour

Hi all my family is moving to Brisbane at end of August I had wanted
to bring my bike with me. I have been told I can't, as I have to have
it for 12 months. I have had this bike since late Dec 2002 after
trading my previous bike for this one. Is there any way I can bring it
with me?
Thanks for any help

theguitardoctor

Hi there,

I'm pretty sure you can take your bike even if you have owned it for under 12 months - the bit of info that seems to have gotten distorted is the fact that you will not get the depreciation / GST allowance of 50%.

What happens is ...when the bike arrives, it is market valued. If you've owned it for more than 1 year, that value is halved, and you pay GST on that half value. If you have owned it under 1 year, you pay GST on the full amount. (hefty bill usually)

It's to stop traders bringing bikes in as their own, and reselling them - they have to own for 1 year, or it's not worth the cost. Personally, I'd sell your bike (MY R1 went 2 weeks ago), as bikes are cheap in OZ anyway, and buying over there would save the hassle of the registration, shipping, etc and any mods you'd have to make for the OZ federali........

all the best, Rich.

Abc

Hi Doc:
Does this apply to bring in a car which I had owned for the past 2 years?
Thanks.

"theguitardoctor" wrote in message
news:[email protected]...
    > Hi there,
    > I'm pretty sure you can take your bike even if you have owned it for
    > under 12 months - the bit of info that seems to have gotten distorted is
    > the fact that you will not get the depreciation / GST allowance of 50%.
    > What happens is ...when the bike arrives, it is market valued. If you've
    > owned it for more than 1 year, that value is halved, and you pay GST on
    > that half value. If you have owned it under 1 year, you pay GST on the
    > full amount. (hefty bill usually)
    > It's to stop traders bringing bikes in as their own, and reselling them
    > - they have to own for 1 year, or it's not worth the cost. Personally,
    > I'd sell your bike (MY R1 went 2 weeks ago), as bikes are cheap in OZ
    > anyway, and buying over there would save the hassle of the registration,
    > shipping, etc and any mods you'd have to make for the OZ
    > federali........
    > all the best, Rich.
    > --
    > The Guitar Doctor
    > Posted via http://britishexpats.com

theguitardoctor

Hi there,

I am pretty sure it's for any vehicle, so you should get the 50% allowance on the GST you'd have to pay. I sold the R1 because it just wasn't worth shipping with the cost of transport/GST/import tax/reregistering, it was cheaper to sell and rebuy once I'm over. This way, I won't have to pay to register the bike as it's already registered.

There are apparently 2 methods (listed at the bottom) - the one I mentioned above and :

Australian Import Taxes on most cars are 15% Duty and 10% Gst.


Duty can be paid on the UK Purchase Price. Gst can be payable on the total of the UK Purchase Price + Duty (15%) + Cost of Shipment.


(Although not mentioned - this is generally if you owned the car for more than 12 months) .....

The alternative method of taxes is: Duty is paid on the Australian landed value which can be approximately half or less of the actual Australian market value. Gst is payable on the total of the landed value + duty. (i.e 10%GST plus 15% import tax + shipping + re-registering costs - I hope you love this car !!)


http://www.karmanshipping.co.uk/aust...australia.html

http://www.gomatilda.com/personal_issues/shipping.cfm

Good luck - Go Matilda recommend not bothering - my advice too, but if you are attached I suppose money is no object.....

Rich.

Mark Gardner

Hi Graeme & Rich,

I agonised over the same decision and in the end decided to sell my 4 year
old YZF600R. A couple of weekends ago I bought an XJR 1200 with a little
over 18,000 miles on the clock for 1840.00 pounds. It was gonna cost me an
extra 600+ pounds to ship my bike then it would have been subject to GST and
the costs of modification to Australian standards.

As it stands I'm well pleased with the decision to buy once I'd arrived. I
enjoyed getting to know the bike on the ride from Adelaide back to central
Victoria as well

Cheers
Mark.
"theguitardoctor" wrote in message
news:[email protected]...
    > Hi there,
    > I'm pretty sure you can take your bike even if you have owned it for
    > under 12 months - the bit of info that seems to have gotten distorted is
    > the fact that you will not get the depreciation / GST allowance of 50%.
    > What happens is ...when the bike arrives, it is market valued. If you've
    > owned it for more than 1 year, that value is halved, and you pay GST on
    > that half value. If you have owned it under 1 year, you pay GST on the
    > full amount. (hefty bill usually)
    > It's to stop traders bringing bikes in as their own, and reselling them
    > - they have to own for 1 year, or it's not worth the cost. Personally,
    > I'd sell your bike (MY R1 went 2 weeks ago), as bikes are cheap in OZ
    > anyway, and buying over there would save the hassle of the registration,
    > shipping, etc and any mods you'd have to make for the OZ
    > federali........
    > all the best, Rich.
    > --
    > The Guitar Doctor
    > Posted via http://britishexpats.com

Graeme Seymour

Thanks for your comments Doc
I have decided to sell and buy once I arrive.
Cheers
On Fri, 01 Aug 2003 07:51:18 +0000, theguitardoctor
wrote:

    >Hi there,
    >I am pretty sure it's for any vehicle, so you should get the 50%
    >allowance on the GST you'd have to pay. I sold the R1 because it just
    >wasn't worth shipping with the cost of transport/GST/import
    >tax/reregistering, it was cheaper to sell and rebuy once I'm over. This
    >way, I won't have to pay to register the bike as it's already
    >registered.
    >There are apparently 2 methods (listed at the bottom) - the one I
    >mentioned above and :
    >Australian Import Taxes on most cars are 15% Duty and 10% Gst.
    >Duty can be paid on the UK Purchase Price. Gst can be payable on the
    >total of the UK Purchase Price + Duty (15%) + Cost of Shipment.
    >(Although not mentioned - this is generally if you owned the car for
    >more than 12 months) .....
    >The alternative method of taxes is: Duty is paid on the Australian
    >landed value which can be approximately half or less of the actual
    >Australian market value. Gst is payable on the total of the landed value
    >+ duty. (i.e 10%GST plus 15% import tax + shipping + re-registering
    >costs - I hope you love this car !!)
    >http://www.karmanshipping.co.uk/aust...australia.html
    >http://www.gomatilda.com/personal_issues/shipping.cfm
    >Good luck - Go Matilda recommend not bothering - my advice too, but if
    >you are attached I suppose money is no object.....
    >Rich.