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  • Bring motor bike into Aussie

    Hi all my family is moving to Brisbane at end of August I had wanted
    to bring my bike with me. I have been told I can't, as I have to have
    it for 12 months. I have had this bike since late Dec 2002 after
    trading my previous bike for this one. Is there any way I can bring it
    with me?
    Thanks for any help


  • #2
    Bring motor bike into Aussie


    Hi there,



    I'm pretty sure you can take your bike even if you have owned it for
    under 12 months - the bit of info that seems to have gotten distorted is
    the fact that you will not get the depreciation / GST allowance of 50%.



    What happens is ...when the bike arrives, it is market valued. If you've
    owned it for more than 1 year, that value is halved, and you pay GST on
    that half value. If you have owned it under 1 year, you pay GST on the
    full amount. (hefty bill usually)



    It's to stop traders bringing bikes in as their own, and reselling them
    - they have to own for 1 year, or it's not worth the cost. Personally,
    I'd sell your bike (MY R1 went 2 weeks ago), as bikes are cheap in OZ
    anyway, and buying over there would save the hassle of the registration,
    shipping, etc and any mods you'd have to make for the OZ
    federali........



    all the best, Rich.


    --
    The Guitar Doctor


    Posted via http://britishexpats.com

    Comment


    • #3
      Bring motor bike into Aussie

      Hi Doc:
      Does this apply to bring in a car which I had owned for the past 2 years?
      Thanks.

      "theguitardoctor" <[email protected]> wrote in message
      news:[email protected]
      Hi there, I'm pretty sure you can take your bike even if you have owned it for under 12 months - the bit of info that seems to have gotten distorted is the fact that you will not get the depreciation / GST allowance of 50%. What happens is ...when the bike arrives, it is market valued. If you've owned it for more than 1 year, that value is halved, and you pay GST on that half value. If you have owned it under 1 year, you pay GST on the full amount. (hefty bill usually) It's to stop traders bringing bikes in as their own, and reselling them - they have to own for 1 year, or it's not worth the cost. Personally, I'd sell your bike (MY R1 went 2 weeks ago), as bikes are cheap in OZ anyway, and buying over there would save the hassle of the registration, shipping, etc and any mods you'd have to make for the OZ federali........ all the best, Rich. -- The Guitar Doctor Posted via http://britishexpats.com

      Comment


      • #4
        Bring motor bike into Aussie


        Hi there,



        I am pretty sure it's for any vehicle, so you should get the 50%
        allowance on the GST you'd have to pay. I sold the R1 because it just
        wasn't worth shipping with the cost of transport/GST/import
        tax/reregistering, it was cheaper to sell and rebuy once I'm over. This
        way, I won't have to pay to register the bike as it's already
        registered.



        There are apparently 2 methods (listed at the bottom) - the one I
        mentioned above and :



        Australian Import Taxes on most cars are 15% Duty and 10% Gst.





        Duty can be paid on the UK Purchase Price. Gst can be payable on the
        total of the UK Purchase Price + Duty (15%) + Cost of Shipment.





        (Although not mentioned - this is generally if you owned the car for
        more than 12 months) .....



        The alternative method of taxes is: Duty is paid on the Australian
        landed value which can be approximately half or less of the actual
        Australian market value. Gst is payable on the total of the landed value
        + duty. (i.e 10%GST plus 15% import tax + shipping + re-registering
        costs - I hope you love this car !!)





        http://www.karmanshipping.co.uk/aust...australia.html



        http://www.gomatilda.com/personal_issues/shipping.cfm



        Good luck - Go Matilda recommend not bothering - my advice too, but if
        you are attached I suppose money is no object.....



        Rich.


        --
        The Guitar Doctor


        Posted via http://britishexpats.com

        Comment


        • #5
          Bring motor bike into Aussie

          Hi Graeme & Rich,

          I agonised over the same decision and in the end decided to sell my 4 year
          old YZF600R. A couple of weekends ago I bought an XJR 1200 with a little
          over 18,000 miles on the clock for 1840.00 pounds. It was gonna cost me an
          extra 600+ pounds to ship my bike then it would have been subject to GST and
          the costs of modification to Australian standards.

          As it stands I'm well pleased with the decision to buy once I'd arrived. I
          enjoyed getting to know the bike on the ride from Adelaide back to central
          Victoria as well

          Cheers
          Mark.
          "theguitardoctor" <[email protected]> wrote in message
          news:[email protected]
          Hi there, I'm pretty sure you can take your bike even if you have owned it for under 12 months - the bit of info that seems to have gotten distorted is the fact that you will not get the depreciation / GST allowance of 50%. What happens is ...when the bike arrives, it is market valued. If you've owned it for more than 1 year, that value is halved, and you pay GST on that half value. If you have owned it under 1 year, you pay GST on the full amount. (hefty bill usually) It's to stop traders bringing bikes in as their own, and reselling them - they have to own for 1 year, or it's not worth the cost. Personally, I'd sell your bike (MY R1 went 2 weeks ago), as bikes are cheap in OZ anyway, and buying over there would save the hassle of the registration, shipping, etc and any mods you'd have to make for the OZ federali........ all the best, Rich. -- The Guitar Doctor Posted via http://britishexpats.com

          Comment

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