md 600 driver
15th Dec 2020, 08:35
Anyone know what the WTO duty’s and taxes will be for aircraft parts arriving in the uk from the rest of the world
i know they are trying to make some reprecripical arrangements /trade deal and things may change
what will be the best way going forward ?
John R81
16th Dec 2020, 08:23
Short version - no change.
Long version.......
The WTO Agreement on Trade in Civil Aircraft eliminates import duties on all aircraft, other than military aircraft, as well as on all other products covered by the agreement — civil aircraft engines and their parts and components, all components and sub-assemblies of civil aircraft, and flight simulators and their parts and components. This is a "pluralist agreement" as it is not signed by all WTO Member States. You can read it here. (https://www.wto.org/english/docs_e/legal_e/air-79_e.htm) Parts from EC and USA are covered, but parts from a non-signatory country would not be (32 countries have signed).
The UK is a signatory in its own right, as well as the EC being a signatory. Therefore leaving the EC has no repercussions for this agreement, or for imports from countries that are not signatory as they were never covered. In other words, no change.
What is potentially subject to Duty are (unfortunately) any printed documents (instruction manuals, etc) that come with the aircraft or spares. Again, this is unchanged by leaving the EC.
The rules for self-charging import VAT are unchanged.
Hope that helps.