Tax limit from New York...

Enterprise_1701C

I was told (whilst looking in Tiffany's in New York!) that if you want to buy jewellery, all you had to do was wear it home and there would be no problem!

Lady_S

Why would wearing it make it okay?

Enterprise_1701C

I was told that jewellery that is being worn is not thought of as new, something like that, and I guess if it was something like a necklace it might not be as visible. A lot of people wear all their rings etc all the time anyway, I have a friend who goes around with about £15,000 worth of rings on her fingers, she NEVER takes them off, and I know a lot of people I meet on holiday tend to wear their jewellery. I guess it is a way of disguising it.

Not saying it makes it OK, just that it happens!

malkie76

But it doesn't make it 'not a problem' as you suggest in your post. It's likely Tiffany were trying to get a sale.

Jewelry is still subject to import tax, and is something HMRC are actively looking for. I'd also suggest if you spend £15,000 on a credit card while in NYC then HMRC might be meeting you at the airport

Lucy1973

malkie76 wrote: »

But it doesn't make it 'not a problem' as you suggest in your post. It's likely Tiffany were trying to get a sale.

Jewelry is still subject to import tax, and is something HMRC are actively looking for. I'd also suggest if you spend £15,000 on a credit card while in NYC then HMRC might be meeting you at the airport

Going to be highly unlikely that HMRC will be checking what rings you have on your fingers.

malkie76

I completely disagree. When people make massive purchases overseas HMRC will be very interested to speak to you when you return should you not declare your purchases.

They don't need to be checking fingers for rings; your credit card history will put you in the frame.

Enterprise_1701C

Re-read the post - it wasn't £15,000 being spent overseas, just an example of what people wear everyday, jewellery-wise!

roshydoshy

thanks everyone, it's quite funny i was actually looking at buying a pair of stud earrings from Tiffany's as I have money from my birthday to spend :rotfl: I'll just be sensible. I won't be taking the mickey with purchases anyway - I was just worried that the limit I had thought it was (under £200) would have prevented me staying within the limits. As it is someone corrected me (thanks, sorry I can't scroll back up at this time) and said the limit was much higher than I thought so I should be within limits.

You are always going to get some who flout the law, no matter what it entails and I guess it is not for us to judge, as £10 over the limit and £15k is somewhat different in my eyes but the same in law, but thanks everyone for your inputs!! much appreciated xx

malkie76

Jane_Blackford wrote: »

Re-read the post - it wasn't £15,000 being spent overseas, just an example of what people wear everyday, jewellery-wise!

Please re-read my post and appreciate that I stated if you spent £15k on a credit card abroad you may get asked questions when returning. I did not claim that wearing £15k of jewelery would get you stopped.

Please, please, try to understand the point I'm making.

Lucy1973

malkie76 wrote: »

Please re-read my post and appreciate that I stated if you spent £15k on a credit card abroad you may get asked questions when returning. I did not claim that wearing £15k of jewelery would get you stopped.

Please, please, try to understand the point I'm making.

But you need to have aroused suspition in the first place,which is highly unlikely.