red_harrington
Well-known member
I sold a record to a chap in Germany for £15 ex VAT.
He just told me he had to pay import VAT 20% - which is fair enough - but also a 25 euro handling fee.
So the record he bought has actually ended up costing him more than double what it was listed for. I can't see him buying from me again.
Which means my sales to Europe will plummet if this carries on, and European sales usually account for about 25-30% of my business.
Can anyone who voted Brexit please explain why this is a good thing?
He just told me he had to pay import VAT 20% - which is fair enough - but also a 25 euro handling fee.
So the record he bought has actually ended up costing him more than double what it was listed for. I can't see him buying from me again.
Which means my sales to Europe will plummet if this carries on, and European sales usually account for about 25-30% of my business.
Can anyone who voted Brexit please explain why this is a good thing?