Wargaming, the weak Pound and .....Brexit

[mmcv]

Interesting.... What's the chance of that happening? Northern Ireland: Singapore of the West. Could be good.

[Duke Speedy of Leighton]

Where's Clib when you need him?

[petercooman]

I can then sell to Peter and rest of EU without customs duty or paper work as long as bearing the PONI stamp.

Interesting.... What's the chance of that happening? Northern Ireland: Singapore of the West. Could be good.

And then, like with cheap products from china, we claim we didn't get them and ask our money back via paypal 

[John Cook]

And then, like with cheap products from china, we claim we didn't get them and ask our money back via paypal 

That would be dishonest.

[petercooman]

That would be dishonest.

Just a joke, wouldn't do it if it's not necesarry. Had to do it on one occasion though, really didn't get what i ordered. China is a bit hit and miss on shipping.

[John Cook]

As I understand it, in the event of a no-deal Brexit, all goods traded between the UK and the EU after 23:00 on 31 October 2019 will be subject to the same requirements as if the UK were a non-EU 3rd Party Country, with which the EU has no trading agreement.  
Duty-free trading between the UK and EU will cease and EU tariffs will be applied to UK goods.  Customs and other declarations will be required by the EU and all other EU rules and regulations for non-EU countries will apply to movements between the EU and the UK.
HMRC will apply tariffs to all imports from the EU as it sees fit.
This will make UK exports more expensive for EU customers and EU imports more expensive for UK customers.  
This does not take into account a potentially devalued pound.

[Sunray]

Interesting.... What's the chance of that happening? Northern Ireland: Singapore of the West. Could be good.

The Irish Gov OK'ed, the EU need more discussion, the Brits interested .....Only the DUP whinge about deviation from UK customs and standards. But with the changing maths in the Division lobbies......that can be circumvented....

Hence the idea of a referendum.

[petercooman]

As I understand it, in the event of a no-deal Brexit, all goods traded between the UK and the EU after 23:00 on 31 October 2019 will be subject to the same requirements as if the UK were a non-EU 3rd Party Country, with which the EU has no trading agreement.  
Duty-free trading between the UK and EU will cease and EU tariffs will be applied to UK goods.  Customs and other declarations will be required by the EU and all other EU rules and regulations for non-EU countries will apply to movements between the EU and the UK.
HMRC will apply tariffs to all imports from the EU as it sees fit.
This will make UK exports more expensive for EU customers and EU imports more expensive for UK customers.  
This does not take into account a potentially devalued pound.

I already paid for my crisis pre orders, so does that count as before 31 october? Even if i receive them after that 

[John Cook]

I already paid for my crisis pre orders, so does that count as before 31 october? Even if i receive them after that 

Not sure but I suspect it will if it enters the country after the deadline.  I buy quite a lot of stuff from the US and depending on the value declared by the sender you have to pay VAT and Duty on imported goods.  Unless some kind of deal is struck with the EU I assume the same regime will apply to goods imported from the EU. If it does do the charges are collected by Royal Mail before delivery, and they make an additional charge for the 'service'.  Presently gifts under £39 and other imports worth less than £15 from outside the EU are not taxed and do not have duty applied.  I presume this will apply to imports from the EU after Brexit.

I have found that, generally, anything around a value of £30 gets through, gift or otherwise.  I suspect that it costs too much to collect the tax and duty such a small amount attracts.     

[Sunray]

I already paid for my crisis pre orders, so does that count as before 31 october? Even if i receive them after that 

I can confirm that tariff incurs  on and at the date of entry into the State/country/trading community in question.  In this case the EU,   but PEASE Peter,  hold fire until we see what deal emerges in the current talks.

I fully take your point Peter that a "Crisis" collection saves on postage. The goods are technically yours, but the tariff - if there is one -  hangs on the deal.
 

Perhaps Leon, it would be prudent to advise European customers who order for a Crisis collection that the quoted price is based on EU status quo and in a "worst case scenario" there may be a tariff ?  They can then choose to (a) await the Brexit outcome or (b) incur postage  for immediate delivery.

I am just back from the Oireachtas. Not a Government TD in  sight. They have all been muzzled and hacks were asking me if I knew anything about how the DUP were responding.  The senators I dined with, confided that the news blackout was a  very positive sign.  A lot hangs on the more Eastern State members of the 27.

  But what I can say is that by the Brussels  summit  in four days time the prospect of a orderly deal will be leaked.  If its definitely on,  collect at Crisis, if in doubt, count the beans between postage and the tariff .   

I hope this intel is of some help, and thanks to Phil for letting the thread run.

   

[petercooman]

Well, i must say that i have my pre determined budget for crisis, like i always do. I write up my list of what i want to get there ( i'm pretty organised on that matter actually, have it all written and counted out already).  I kept a 'spare' amount of that budget for the case extra import fees need to be paid.

I normally pay as much as i can on the day itself, but this time around i made all the payments up front. This means that :

-I know what i spent already
- the traders get a fair price.

I know every one likes a good deal when buying something, but should the pound fluctuate/drop quite a bit in the week after the end of october, and that could affect price quite a bit. I wouldn't feel good personally if i paid on the day, knowing the trader would lose money on that sale.

[Aksu]

Hullo,
Just checked from the Finnish customs site what the worst case scenario entails. Cast metal miniatures are a special sub category of toys, and in Finland there is a 4,7 percent tariff on them. So it would be 24% vat and 4,7% tariff, calculated based on the cost of figures and postage.
However, the handy self service tool for declaring and paying for your goods does not have this subcategory and it only offers the "models" main one where tariff is 0%. Go figure...
Anyway, I suppose anyone suffering from severe lack of quality figures will not be put off by this possible change in end price.
Cheers,
Aksu

[Sunray]

Well, i must say that i have my pre determined budget for crisis, like i always do. I write up my list of what i want to get there ( i'm pretty organised on that matter actually, have it all written and counted out already).  I kept a 'spare' amount of that budget for the case extra import fees need to be paid.

I normally pay as much as i can on the day itself, but this time around i made all the payments up front. This means that :

-I know what i spent already
- the traders get a fair price.

I know every one likes a good deal when buying something, but should the pound fluctuate/drop quite a bit in the week after the end of october, and that could affect price quite a bit. I wouldn't feel good personally if i paid on the day, knowing the trader would lose money on that sale.

Peter,

I have a sense you will come out OK.

1.  You bought at a time when the pound was weak. Watch it climb as City confidence and shares recover with the hint of a deal.

2. There is a fair wind gathering behind a Brexit Deal. If Ireland and UK agree, it will be hard for the rest of EU to veto.  How much of an Enhanced Economic zone the North Irish get is another issue- but the deal will be sweet to compensate for the Irish Backstop rebranded.

3.  With a deal, we enter the calmer waters of the "No change transition period" - at least two years- and the Crisis is no longer a crisis for you. Leon and wargamers in general.

James

[Leon]

As I understand it, in the event of a no-deal Brexit, all goods traded between the UK and the EU after 23:00 on 31 October 2019 will be subject to the same requirements as if the UK were a non-EU 3rd Party Country, with which the EU has no trading agreement.  

Found it, the Withdrawal Agreement states that the UK will still be treated as a member state for purposes of the customs union and trade, through a transitional period ending on 31st December 2020.  So there won't be any tariffs or VAT implications on any goods until the beginning of 2021.

Source: https://ec.europa.eu/ireland/news/key-eu-policy-areas/brexit_en

The Withdrawal Agreement ensures a smooth winding-down of current EU-UK arrangements during a transition period that lasts until 31 December 2020. The EU will treat the UK as if it were a Member State during the transition.

The transition period can be extended once by a newly established EU-UK Joint Committee, as long as it decides to do so before 1 July 2020.

During the transition, all EU legislation, rules and court decisions will continue to apply to and in the UK as if it were a Member State.

This means the UK will continue to participate in the EU Customs Union and the Single Market (with all four freedoms) and all Union policies.

Any changes to EU legislation or rules will automatically apply to the UK.

[mollinary]

Of course, all this assumes an agreement, and (I assume, therefore) would not apply if there is a no deal Brexit?

[Leon]

Of course, all this assumes an agreement, and (I assume, therefore) would not apply if there is a no deal Brexit?

If we end up with a no-deal Brexit then everything's up in the air sadly and there's no definitive information anywhere.  There could still be a transitional period agreed in theory and it would seem rather sensible to do so.  I can't see all of the various Customs officials having everything in place to suddenly start dealing with millions of packages overnight so it would be a horrendous strain on those people and services.  I guess we'll find out very soon!

[mollinary]

If we end up with a no-deal Brexit then everything's up in the air sadly and there's no definitive information anywhere.  There could still be a transitional period agreed in theory and it would seem rather sensible to do so.  I can't see all of the various Customs officials having everything in place to suddenly start dealing with millions of packages overnight so it would be a horrendous strain on those people and services.  I guess we'll find out very soon!

Indeed! Fingers crossed.

[John Cook]

Of course, all this assumes an agreement, and (I assume, therefore) would not apply if there is a no deal Brexit?

Indeed it does.  That is why, as I understand it, there is all this talk about WTO terms if there is 'no deal'.  I wonder how history will view all this?

[petercooman]

As an aside, went to mini europa yesterday, and they had a littkle protestor diorama next to the house of parliament



also, never noticed this liitle guy in a boat

[d_Guy]

The House and Holmes, nice. (Notice that you seem to be giving one or both the finger.  )