mandag den 3. september 2007

Buying on eBay and Paying NO SALES TAXES

Despite what people think, it is possible to use ebay legally to great advantage.

I'll explain this using a recent personal example.

I needed one of those cassettes you insert into your car stereo and can plug an MP3 player or CD player into so that you can listen to a greater choice of music or audiobooks while driving.

In Denmark, these things cost 250 krone or more.

On ebay, Chinese and Hong Kong sellers are selling them on "But it Now", factory direct for 99 pence, or about 11 krone! Even with postage, it still works out to £3, or 33 krone.

The seller doesn't have to charge me any sales taxes because the item is being exported. In the case of Hong Kong, there are no sales taxes anyway. Then, because the item is valued at under 22 Euros/£15, there are no sales taxes to pay in Denmark.

About 14 days later, the item arrived and works perfectly.

You will agree that that is quite some saving!

So top tip is, whatever you are looking to buy new, consider using ebay. My next purchase I'm considering is a USB TV Aerial for my PC, and these things cost 600 krone or more in Denmark. Chinese sellers are currently selling them for 99 pence + approx. £7.99 postage.

The other reason they are cheaper is that you are cutting out all the middlemen who repackage the items and add a huge mark up. So this is definitely a benefit to global direct trade, in my opinion...and global warming too if you consider the amount of wasted packaging you get with these things. The shop direct one from China arrived in a Jiffy envelope, no extra packaging.

And remember that by buying through Paypal you do have some guarantees should you pay but not receive your item.

So remember to check out ebay.

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