Nissan Skyline 2000GT (Read 986 times)

[Al Ramone]

i guess it's quite interesting. but yeh. personally i'd remove it.

hell, good job we've all got different ideas and tastes or the world would be a boring place aye.

[30psi]

I see a BTI application wasn't mentioned earlier. Have you confirmed what duty and VAT you're paying yet as it needs to be done sometimes a bit carefully so that HMRC do consider it for 5% duty and 0% VAT without any challenges or misinterpretation.

[datsfun]

Dec 22, 2013 21:28:38 GMT 1 30psi said:

I see a BTI application wasn't mentioned earlier. Have you confirmed what duty and VAT you're paying yet as it needs to be done sometimes a bit carefully so that HMRC do consider it for 5% duty and 0% VAT without any challenges or misinterpretation.

Martin, I understand that the DVLA pack also includes the necessary HMRC declaration/ notification. So one completes paperwork and des patches sections to DVLA and HMRC.

[acsnaz]

Martin,
The 5% that you state, is what I thought I had to pay. A company did all the paperwork for me, they charged 10% duty & 20 % vat.
At the moment I just want the car registered, afterwards I could always query the amount with HMRC. Waiting for the V55/5 import pack.
See what happens.....

[datsfun]

I would query that...VAT is exempt or reduced for historic cars IIRC. You have PM

[datsfun]

Interesting read
Jaguar and historic car dealer JD Classics has won a landmark appeal against HM Revenue and Customs in relation to a £210,000 import duty and VAT case.

Background:

Between 2005 and 2008, JD Classics had imported from outside the EU some 35 cars, many of them Jaguar XK and E-Type models, and had relied on the collectors’ item tariff that allows zero import duty and a 5% reduced rate of VAT. HMRC did not agree with the importer’s assessment of these cars. Relying on their three-year window to reassess the tax treatment retrospectively, they ruled that 28 of these cars were not sufficiently rare or historically significant. HMRC demanded £270,000, reduced after a lengthy review process to £210,000.

JD Classics instructed Martin Emmison of solicitors Goodman Derrick LLP to appeal against the assessment, and Martin instructed specialist motoring barrister (and collector), Matthew Collings QC, to appear at the Tribunal. In June 2010, the Tribunal found in JD Classics’ favour, and made a costs award. HMRC have just confirmed they will not be appealing the Tribunal’s decision.

The case considered the guidelines that HMRC officials use in determining whether an old vehicle being imported from outside EU qualifies as a “collectors’ piece of historical interest”. On ordinary cars, customs duty is payable at 10% of the value at import, plus normal rate VAT on the whole amount. However older vehicles may be imported under tariff heading 97.05 (collections and collectors’ pieces of historical interest), where customs duty is nil, and VAT is charged at an effective rate of 5%.

The difficulty comes in deciding what vehicles qualify under heading 97.05. The rules stem from a 1985 decision of the European Court of Justice. To qualify, the vehicle has to be relatively rare, no longer in normal use for the purpose for which it was originally made, sold outside the normal vehicle trade, and of high value. In addition the vehicle should illustrate an important stage in the development of the motor car.

In November 2009, the European Commission updated its guidelines to national customs authorities. These now confirm that there is a presumption of “historical interest” in favour of vehicles which are in their original state, without substantial changes to the chassis, steering or braking system and engine, at least 30 years old, and of a model or type which is no longer in production. The treatment is definitely available for vehicles of any age that can be proved to have been used in an historic event; and racing cars designed, built and used solely for competition, which have achieved significant sporting success at prestigious national or international events. Replicas are always excluded.

Martin Emmison explains: "The main change is that there is now more emphasis on originality and less on age - previously, any vehicle made before 1950 would qualify as a collectors’ item; now it might not, if it has been modified, is incomplete or is very ordinary. It also opens the possibility of importing on this favourable basis a vehicle that is less than 30 years old, if you can demonstrate that the particular model ‘evidences a significant step in the evolution of human achievements or illustrates a period of that evolution’. If there is doubt whether a car will qualify for the reduced rate, you can apply for a binding tariff information, which is effectively an advance clearance."

Martin added: “We were delighted to achieve this result for JD Classics. I hope and anticipate that this ruling will make it easier for those importing cars from outside the EU to continue to use the UK as the destination of choice”.

Derek Hood, owner of JD Classics, commented: “This has been a very time-consuming process, which has led to clarification of the VAT rules for importing classic cars, and which I believe will benefit the entire UK classic car industry.”If you would like to read the full Court judgment, click here.

[s20]

Great to see another C10-series Skyline in the UK. Well done that man!

Dec 22, 2013 16:08:06 GMT 1 Al Ramone said:

what ever you do with it. it's just great we've got another one of these legendary cars here.

I don't wish to damn the car in question with 'faint praise' or stir up any kind of controversy, but I'm wondering how a fairly humble L20A engined, single carbed 2HT could be described as "legendary"?

If there IS any 'Legend' involved with the C10-series Skyline, then it will be attributable to the spec and race career of the PGC10 and KPGC10 models and the 'GT-R' emblem. L-gata engined models are great ( and can be made even greater... ) but let's not beat around the bush here.

It'd be nice if more GT variant C10s ( and C110s.... ) kept their GT emblems and were proud to do so. There is a growing trend amongst C10 owners to take GT-R emblems off of cars that are not GT-Rs. I think that's a good thing. The L-gata is a great ( GREAT ) engine design and ALL models should be proud to be what they really are.

[b210bandit]

Nice, dude. Thanks for your work on local jap car values!

[bananahamuck]

Any updates?? Does it make you giggle when you see it in your driveway?

[acsnaz]

Jan 15, 2014 21:49:07 GMT 1 bananahamuck said:

Any updates?? Does it make you giggle when you see it in your driveway?

Still waiting for V5 from DVLA.

[davew]

Nice example, what retromods are you going for?

[Eric]

Spotted this today in a place i didnt expect it to be

[acsnaz]

Hi
Update of the work done so far..
Engine Mounted, Suspension geometry sorted, wheels changed from 4 stud to 5 stud..

[randywanger]

Nice update!

[pukka]

WOW. that looks like some good fun!