GST On Imported Goods
#1
Just Joined
Thread Starter
Joined: Oct 2011
Location: Christchurch
Posts: 20
GST On Imported Goods
Hi there,
Hope someone can help me on this, I have done a quick search but not found anything recent.
I arrived in NZ on a visitor visa in Dec 2011 to be with my Kiwi partner who I met online and subsequently met for 4 weeks in the UK prior to heading out to NZ.
Since this time I have resided in NZ and have gone through all the hoops to gain residency on the basis of my partnership with a Kiwi, which of course requires living together.
I finally got my residency visa (after holding a couple of short term work visas) in Jan this year and I have come back to the UK to organise shipping my goods and selling my house.
I am 50 years old and have a lot of aquired stuff - and so didn't want to ship anything until I knew I could actually stay. Shipping from the outer hebrides is going to cost in excess of £4k.
The shipping company gave me the import docs I have looked at the customs website and now worried I'll Get slapped for GST because I have been living in NZ (I just assumed personal possessions would be excluded). i have a lot of high value goods, even though a lot were bought second hand on ebay. CD collection could be valued at replacement cost of £20k I also have lots of bikes, outdoor gear and clothing. I just can't afford 12.5% gst as well as the shipping and insurance costs.
Has anyone else experienced this type of move and is there any way customs would waive the fee given that it would be madness to ship all my stuff until I knew I could actually stay in NZ.
I do nsot have time or the mean to sell any off my stuff, so If I don't ship I just have to give or throw all my possessions away
Any advise would be appreciated
Hope someone can help me on this, I have done a quick search but not found anything recent.
I arrived in NZ on a visitor visa in Dec 2011 to be with my Kiwi partner who I met online and subsequently met for 4 weeks in the UK prior to heading out to NZ.
Since this time I have resided in NZ and have gone through all the hoops to gain residency on the basis of my partnership with a Kiwi, which of course requires living together.
I finally got my residency visa (after holding a couple of short term work visas) in Jan this year and I have come back to the UK to organise shipping my goods and selling my house.
I am 50 years old and have a lot of aquired stuff - and so didn't want to ship anything until I knew I could actually stay. Shipping from the outer hebrides is going to cost in excess of £4k.
The shipping company gave me the import docs I have looked at the customs website and now worried I'll Get slapped for GST because I have been living in NZ (I just assumed personal possessions would be excluded). i have a lot of high value goods, even though a lot were bought second hand on ebay. CD collection could be valued at replacement cost of £20k I also have lots of bikes, outdoor gear and clothing. I just can't afford 12.5% gst as well as the shipping and insurance costs.
Has anyone else experienced this type of move and is there any way customs would waive the fee given that it would be madness to ship all my stuff until I knew I could actually stay in NZ.
I do nsot have time or the mean to sell any off my stuff, so If I don't ship I just have to give or throw all my possessions away
Any advise would be appreciated
Last edited by Coleyheb; Jul 6th 2014 at 10:38 am.
#2
BE Enthusiast
Joined: Mar 2009
Location: Torbay, North Shore
Posts: 744
Re: GST On Imported Goods
Hi
I have moved to NZ twice and never been charged you don't on personal affects as long as they are over 12months old? as you have residency this should be ok
I have moved to NZ twice and never been charged you don't on personal affects as long as they are over 12months old? as you have residency this should be ok
#3
Forum Regular
Joined: Oct 2012
Location: UK
Posts: 79
Re: GST On Imported Goods
I gave away over 500 CD albums and 200 singles. I could not sell them and the shipping was a pain.
I did back them on to a drive that fit in my luggage.
I did back them on to a drive that fit in my luggage.
#4
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Joined: Oct 2011
Location: Christchurch
Posts: 20
Re: GST On Imported Goods
Thanks for the replies.
My partner rang Customs and Exise in NZ and they confirmed that I don't have to pay any GST unless I have new or unused items!
As an aside and extra bit of info:- my insurers for the shipping have told me I have to value my full shipment at replacement value and can't under insure myself, which is another financial blow to be honest. I have loads of old walking gear and fleeces and my CD collection is mainly second hand from ebay, but it will cost quite a bit to insure it at replacement value. I'd be quite happy replacing stuff second hand in the event of full loss! Anyway just something to be aware of if people didn't know this already!
My partner rang Customs and Exise in NZ and they confirmed that I don't have to pay any GST unless I have new or unused items!
As an aside and extra bit of info:- my insurers for the shipping have told me I have to value my full shipment at replacement value and can't under insure myself, which is another financial blow to be honest. I have loads of old walking gear and fleeces and my CD collection is mainly second hand from ebay, but it will cost quite a bit to insure it at replacement value. I'd be quite happy replacing stuff second hand in the event of full loss! Anyway just something to be aware of if people didn't know this already!
#5
Forum Regular
Joined: Oct 2009
Location: Lower Hutt
Posts: 243
Re: GST On Imported Goods
I don't think that's true. We had a number of things that we brought, that we didn't insure. We figured that we could suffer the loss on those, and buy second hand if we wanted to replace them. We insured the high value goods, like art and electronics, and didn't insure stuff like books and pots and pans, because the books couldn't be replaced, and the pots and pans could be replaced cheaply.
#6
MODERATOR
Joined: Oct 2011
Location: Wellington - I miss Castles, the NHS & English school system
Posts: 9,077
Re: GST On Imported Goods
I agree with Janie, how will the insurers know the true value of the things. At the end of the day if you under insure it is you that would be affected. we clumped together all the kitchen stuff at one price, books, records, dvd's at another and then for the more higher value goods we noted them individually with replacement costs. Don't forget the replacement cost will be what it would cost to replace in NZ and not what it would be to replace in the UK.
which Insurance company was this?
which Insurance company was this?
#7
Just Joined
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Joined: Oct 2011
Location: Christchurch
Posts: 20
Re: GST On Imported Goods
Hi,
it is Letton Percival and it is also written on their contract documentation to provide a full replacement value of all goods shipped.
It is going to cost me a lot more than I thought, but probably in total still cheaper than the other insurance companies.
it is Letton Percival and it is also written on their contract documentation to provide a full replacement value of all goods shipped.
It is going to cost me a lot more than I thought, but probably in total still cheaper than the other insurance companies.
#8
MODERATOR
Joined: Oct 2011
Location: Wellington - I miss Castles, the NHS & English school system
Posts: 9,077
Re: GST On Imported Goods
Insure what you are happy to obtain back if it gets lost/sinks etc.
#9
BE Enthusiast
Joined: Jan 2008
Location: permanently locked down
Posts: 733
Re: GST On Imported Goods
Careful with Letton Percival, their std policy doesn't cover the removal company going bust. The one I went with 6yrs ago did, and I ended up shelling our practically the full removal cost again, despite the fact that my goods had actually arrived in NZ at the time, and the NZ removal company were telling porkies re: the apparent delay.
I think if you pay by credit card in the UK, you'd be covered though.
I think if you pay by credit card in the UK, you'd be covered though.
#10
Forum Regular
Joined: Jul 2014
Location: Beachlands, Auckland
Posts: 229
Re: GST On Imported Goods
IN terms of shipping 'new goods'. I have some small items that have never been used. Like spare parts for a bike etc. These will be mixed in with a load of other stuff but in theory would any questions be asked? Or is it mainly for furniture etc?
#11
Forum Regular
Joined: Dec 2013
Location: Kaiapoi
Posts: 51
Re: GST On Imported Goods
You should be fine so long as the parts aren't in their original packaging. I shipped my bike with new tires fitted and some other things, they didn't question the fact that the tires were spotless when they opened to check it.
#12
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Joined: Oct 2011
Location: Wellington - I miss Castles, the NHS & English school system
Posts: 9,077
Re: GST On Imported Goods
Our inspector came to the house on day of container delivery. the delivery guys had left aside the bits that had been marked on the inventory of goods, he pocked his hand in a few boxes asked when I had got the tent and then left. 10mins I would say. But I do know of people where the inspectors have spent a good hour or so. No idea what happens if they inspect at the dock