VAT tax refund when migrating to the US

[dis00 0]

Hi,

Im considering buy a bicycle before my move to the States on a CR1 visa. My question is, am I eligible for a tax refund on the product? if yes whats the process?

Thanks

Dean

[Boiler 46,025]

Buy it in the US, it will be cheaper.

[kittylondon 47]

I don't know about refunds on particular items you buy, but when you leave the UK you should fill in a P85- which will calculate any tax owed to you.

[Owen_London 65]

Hi,

Im considering buy a bicycle before my move to the States on a CR1 visa. My question is, am I eligible for a tax refund on the product? if yes whats the process?

Thanks

Dean

For once, I actually agree with Boiler - buy it in the US.

In any case, I doubt you can get a tax refund. Tax refunds when emigrating usually come because your UK tax code assumes that you will receive pay and benefits at a set level through the whole year, but if you emigrate you only receive part of that money, which potentially means you should have been taxed at a lower rate. I'm not a tax professional, but I'd be very surprised if you can get a tax refund of VAT when you are a UK resident, who just happens to be emigrating soon.

Edited August 1, 2012 by Owen_London

[Rachie07 4]

I was under the impression that you could only get a tax refund if you were visiting the UK. I am unsure about the status of taxes (for employment) and NI...for that it may be perhaps worth calling the HM revenue and customs.

[TracyTN 237]

Buy it in the US, it will be cheaper.

Agreed. Plus you won't have to pay extra $ to then ship/send it to the US.