Future Impact v3 and now V4

[Quatschmacher]

  On 06/03/2024 at 11:08, lidl e said:

Bah! I only use mine for Quatschmacher patches!

 

The new stuff planned is the most intriguing bit to me. I will keep an eye on development...

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Well, I’ll certainly be making and sharing some sync patches, so if you want those then you’ll have to get the new one. 

Edited March 6, 2024 by Quatschmacher

[Quatschmacher]

So has anyone ordered one?

[Brian45]

  On 08/03/2024 at 12:52, Quatschmacher said:

So has anyone ordered one?

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I’m seriously thinking about it. I assume we in the uk have to add in the import duties? 

[Quatschmacher]

  On 09/03/2024 at 19:02, Brian45 said:

I’m seriously thinking about it. I assume we in the uk have to add in the import duties? 

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Yes, unfortunately one of the realities of brexitland.

[Al Krow]

  On 09/03/2024 at 20:13, Quatschmacher said:

Yes, unfortunately one of the realities of brexitland.

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Has that changed for new bits of kit compared to what it was before? (I'm aware there is now VAT to pay on used kit). 

[lidl e]

  On 10/03/2024 at 09:12, Al Krow said:

 

Has that changed for new bits of kit compared to what it was before? (I'm aware there is now VAT to pay on used kit). 

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Ship it to me and fly over to pick it up!

[Quatschmacher]

  On 10/03/2024 at 09:12, Al Krow said:

 

Has that changed for new bits of kit compared to what it was before? (I'm aware there is now VAT to pay on used kit). 

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New, old, doesn’t matter; you buy something over £15 in value from abroad and you get charged on it. It’s even worse sometimes: I returned a tiny USB keyboard receiver to someone who’d accidentally left it plugged into a bit of gear he sent me and he got charged when it got back to Denmark! 

[lidl e]

  On 10/03/2024 at 10:44, Quatschmacher said:

New, old, doesn’t matter; you buy something over £15 in value from abroad and you get charged on it. It’s even worse sometimes: I returned a tiny USB keyboard receiver to someone who’d accidentally left it plugged into a bit of gear he sent me and he got charged when it got back to Denmark! 

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Plus the €3.75 admin charge in every package 

[Al Krow]

  On 10/03/2024 at 10:44, Quatschmacher said:

New, old, doesn’t matter; you buy something over £15 in value from abroad and you get charged on it. It’s even worse sometimes: I returned a tiny USB keyboard receiver to someone who’d accidentally left it plugged into a bit of gear he sent me and he got charged when it got back to Denmark! 

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But wasn't that always the case on new gear? My point is that hasn't changed, we've always had to pay VAT on new kit whether from home or abroad - shouldn't be a surprise?

[LukeFRC]

  On 10/03/2024 at 12:18, Al Krow said:

 

But wasn't that always the case on new gear? My point is that hasn't changed, we've always had to pay VAT on new kit whether from home or abroad - shouldn't be a surprise?

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In my understanding The difference is the way that our government have tried to implement vat collection is fairly onerous for small businesses abroad - so for someone like Thomann it’s no problem and they can carry on like before, but some sellers like panda audio just have one price and don’t seem to have an export price - so effectively you get charged twice 

[Al Krow]

  On 10/03/2024 at 13:20, LukeFRC said:

In my understanding The difference is the way that our government have tried to implement vat collection is fairly onerous for small businesses abroad - so for someone like Thomann it’s no problem and they can carry on like before, but some sellers like panda audio just have one price and don’t seem to have an export price - so effectively you get charged twice 

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I guess if Panda are not VAT registered, then I could see it making a difference. Need someone above my pay grade on VAT issues to explain it better though!

 

No different to importing kit from the USA, Japan, Korea, Indonesia or China though? 

[LukeFRC]

  On 10/03/2024 at 13:28, Al Krow said:

 

I guess if Panda are not VAT registered, then I could see it making a difference. Need someone above my pay grade on VAT issues to explain it better though!

 

No different to importing kit from the USA, Japan, Korea, Indonesia or China though? 

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Except there’s no sales tax buying out of state in us - so cost price is cost price and then vat is added for us at import.

 

the system HMRC set up is that they wanted international sellers to pay and register and collect the VAT for them. Obviously that’s not something a small seller would the burden and cost of, I get the feeling a lot of them will just include the VAT in their territory put it in the mail and let it get charged UK VAT on top. 
 

it’s all a bit rubbish

[Al Krow]

  On 10/03/2024 at 15:51, LukeFRC said:

Except there’s no sales tax buying out of state in us - so cost price is cost price and then vat is added for us at import.

 

the system HMRC set up is that they wanted international sellers to pay and register and collect the VAT for them. Obviously that’s not something a small seller would the burden and cost of, I get the feeling a lot of them will just include the VAT in their territory put it in the mail and let it get charged UK VAT on top. 
 

it’s all a bit rubbish

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I don't follow. If Panda Audio are not making enough sales to be registered for VAT then they don't need to charge VAT.

And even if they are registered for VAT then there is zero VAT on exports by them, but we add VAT on when it comes into the UK.

Either way I don't see how it differs from a US seller really?

 

Paging @Steve Browning who, unlike me, knows what he's talking about when it comes to VAT!

Edited March 10, 2024 by Al Krow

[Woodinblack]

  On 10/03/2024 at 16:41, Al Krow said:

 

I don't follow. If Panda Audio are not making enough sales to be registered for VAT then they don't need to charge VAT.

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My wifes shop was not making enough to be registered for vat, and pre-brexit had a lot of customers in the EU (about 25% of her business was that), but would have had to pay vat after that. Never did though as post brexit the workload involved to sell into the EU was to great for her to do as well as the rest of the shop so she lost that market to a larger EU shop that was her competitor.

[LukeFRC]

This is very much a tangent from discussing a lovely new pedal though

[Quatschmacher]

  On 10/03/2024 at 12:18, Al Krow said:

 

But wasn't that always the case on new gear? My point is that hasn't changed, we've always had to pay VAT on new kit whether from home or abroad - shouldn't be a surprise?

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No. EU sales didn’t used to have VAT charged separately (they were the same as buying from the UK until the withdrawal rules kicked in). It’s very different now. (Buying from outside of Europe is the same as it always was.)

[Woodinblack]

  On 10/03/2024 at 19:06, LukeFRC said:

This is very much a tangent from discussing a lovely new pedal though

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It is - although it does clarify more - I must admit I forgot when I ordered my FI, i forgot about the vat so it was a bit of a surprise.

It is worth reminding people but obviously isn't pandas fault.

[Al Krow]

So what's the cost of a new FI Mk4 going to be delivered to our door with taxes, import duties etc. added on?

[Quatschmacher]

  On 10/03/2024 at 23:34, Al Krow said:

So what's the cost of a new FI Mk4 going to be delivered to our door with taxes, import duties etc. added on?

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Taxes will be approximately 22.5% + £12 admin fee. Price in GBP is dependent upon what the monthly HMRC EUR-to-GBP conversion rate is when purchased. 

Edited March 11, 2024 by Quatschmacher

[Woodinblack]

  On 11/03/2024 at 07:52, Quatschmacher said:

Price in GBP is dependent upon what the monthly HMRC EUR-to-GBP conversion rate is when purchased. 

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Is the price not dependant on the company of the payment methods conversion rate when purchased?

[Al Krow]

  On 11/03/2024 at 07:52, Quatschmacher said:

Taxes will be approximately 22.5% + £12 admin fee. Price in GBP is dependent upon what the monthly HMRC EUR-to-GBP conversion rate is when purchased. 

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  On 11/03/2024 at 08:41, Woodinblack said:

 

Is the price not dependant on the company of the payment methods conversion rate when purchased?

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Thanks gents. Pulling that together:

 

Pre-order price of the unit €299.00 (I see this has already been reduced from €359.00)

£1 GBP = €1.1346 EUR (current for Paypal)

Add taxes of 22.5% & £12 admin fee

 

Cost of a new Mk4 can be expected to be around £335 delivered to your door in the UK.

 

Edited March 11, 2024 by Al Krow

[lidl e]

  On 11/03/2024 at 09:30, Al Krow said:

 

 

Thanks gents. Pulling that together:

 

Pre-order price of the unit €299.00 

 

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Nice. That 359 was too much. That makes it a much more attractive buy.

[Woodinblack]

are there no UK distributers - like Bass Direct or someone?

[Quatschmacher]

  On 11/03/2024 at 08:41, Woodinblack said:

 

Is the price not dependant on the company of the payment methods conversion rate when purchased?

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HMRC fixes import rates and it is they who charge tax. Currency conversion rates from HMRC are fixed per calendar month and published in advance.  All that may vary slightly is the admin charge from the delivery company for paying the taxes on your behalf. Royal Mail charges £12 (or £18, I can’t remember) for lower value items and £36 for higher value items.

 

This is where you need to look for import exchange rates:

https://www.trade-tariff.service.gov.uk/exchange_rates/monthly

Edited March 11, 2024 by Quatschmacher

[Quatschmacher]

  On 11/03/2024 at 10:25, Woodinblack said:

are there no UK distributers - like Bass Direct or someone?

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No. Panda asked me if I want to do it but it’s too much paperwork for my tastes. I did suggest a few established places to them to try to enlist but they haven’t followed up as far as I know.