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  #81  
Old 07.10.2016, 12:31
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Re: What (Swiss) watch do you wear?

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I think that's a matter of perspective... personally I cannot appreciate a digital or quartz watch in anything approaching the same way as an automatic timepiece containing a complex movement, as that to me represents true craftsmanship.

Not talkinga bout digital or quartz either ... but great mechanical wind up watches.
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  #82  
Old 07.10.2016, 12:35
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Re: What (Swiss) watch do you wear?

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Just get it insured. Costs 1/1000th of the value of the watch per annum with a 10% excess and don't worry about it. I've worn a Rolex Daytona in far more dodgy places than you are likely to go on business in the U.K. No issues and can relax because I know it's never going to be the end of the world if something happens to it. Also covers it for other eventualities.
Hmm worth thinking about. Ahh in that case I may order online from the UK and get it delivered to my old man. I love the Omega Seamaster Chronograph in blue and Swiss rrp is 5400chf and the UK online price is now 3650chf at current exchange rates.

I guess I'd also then be able to get the UK VAT back by sending off the receipt and showing I lived in Switzerland?
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  #83  
Old 07.10.2016, 14:23
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Re: What (Swiss) watch do you wear?

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Hmm worth thinking about. Ahh in that case I may order online from the UK and get it delivered to my old man. I love the Omega Seamaster Chronograph in blue and Swiss rrp is 5400chf and the UK online price is now 3650chf at current exchange rates.

I guess I'd also then be able to get the UK VAT back by sending off the receipt and showing I lived in Switzerland?
I am also interested to know how to get the VAT back.
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  #84  
Old 07.10.2016, 14:44
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Re: What (Swiss) watch do you wear?

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I am also interested to know how to get the VAT back.
I just called one of the UK companies I'm interested in buying from. Apparently it depends on if the business is VAT registered or not. Online-only companies often aren't, so you can't get the VAT back. If they are registered, you get a form and send it off or see officials at the airport https://www.travelex.co.uk/services/vat-refunds
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  #85  
Old 07.10.2016, 15:18
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Re: What (Swiss) watch do you wear?

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Hmm worth thinking about. Ahh in that case I may order online from the UK and get it delivered to my old man. I love the Omega Seamaster Chronograph in blue and Swiss rrp is 5400chf and the UK online price is now 3650chf at current exchange rates.

I guess I'd also then be able to get the UK VAT back by sending off the receipt and showing I lived in Switzerland?
It's worth looking on Chrono24.com. You may be able to do better than UK pricing (Italy is normally quite cheap and willing to negotiate) and find it easier to sort the tax out.
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  #86  
Old 28.11.2016, 12:21
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Re: What (Swiss) watch do you wear?

Was in London for the weekend and thanks to Black Friday I got 10% off of of my new diving watch, as well as the 20% VAT I can claim back too. Bargain.
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Old 28.11.2016, 12:23
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Re: What (Swiss) watch do you wear?

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Was in London for the weekend and thanks to Black Friday I got 10% off of of my new diving watch, as well as the 20% VAT I can claim back too. Bargain.
CLICKBAIT! Now you just want us to ask you: what did you get? Just like in pre-school...
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Old 28.11.2016, 12:36
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CLICKBAIT! Now you just want us to ask you: what did you get? Just like in pre-school...
Not at all, I was just referring to the big savings over CH due to the weak pound and the sale.

A lot of Swiss were shopping in London too so obviously had the same idea!
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Old 28.11.2016, 12:49
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Re: What (Swiss) watch do you wear?

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Was in London for the weekend and thanks to Black Friday I got 10% off of of my new diving watch, as well as the 20% VAT I can claim back too. Bargain.
Just be careful as it's very unlikely you will get the full 20% VAT back. When I did this with Hugo Boss and live in CH; I got about 10% back, nothing to be scoffed at for sure.
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Old 28.11.2016, 13:01
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Re: What (Swiss) watch do you wear?

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Just be careful as it's very unlikely you will get the full 20% VAT back. When I did this with Hugo Boss and live in CH; I got about 10% back, nothing to be scoffed at for sure.
Yeah there will inevitably be an admin charge, so i guess I'll get around 15% or so, give or take.
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Old 28.11.2016, 14:05
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Re: What (Swiss) watch do you wear?

I have a Garmin fenix 3.. as Garmin is located in Schaffhausen, it should be Swiss now
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Old 28.11.2016, 14:30
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Re: What (Swiss) watch do you wear?

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I have a Garmin fenix 3.. as Garmin is located in Schaffhausen, it should be Swiss now
Still rocking my Fenix 2, especially now that the ski season officially started
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Old 28.11.2016, 14:34
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Re: What (Swiss) watch do you wear?

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Still rocking my Fenix 2, especially now that the ski season officially started
it is an addiction really with these Fenix'..I even stopped putting on other watches.
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  #94  
Old 28.11.2016, 15:50
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Re: What (Swiss) watch do you wear?

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Just be careful as it's very unlikely you will get the full 20% VAT back. When I did this with Hugo Boss and live in CH; I got about 10% back, nothing to be scoffed at for sure.
Doesn't it depend on how you process your refund? If it's through Global Blue there will be a considerable admin fee, but what if you negotiate directly with the seller? Isn't it possible to get the refund in full?
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Old 28.11.2016, 15:54
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Re: What (Swiss) watch do you wear?

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Doesn't it depend on how you process your refund? If it's through Global Blue there will be a considerable admin fee, but what if you negotiate directly with the seller? Isn't it possible to get the refund in full?
The sellers do not take VAT off at the store... only when shopping online with a delivery address outside of the EU does that happen.
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  #96  
Old 28.11.2016, 16:06
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Re: What (Swiss) watch do you wear?

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Doesn't it depend on how you process your refund? If it's through Global Blue there will be a considerable admin fee, but what if you negotiate directly with the seller? Isn't it possible to get the refund in full?
In the U.K. It's very difficult to get the 100% from a retail store. They all seem to prefer to use global blue or similar as it takes away the admin for them. The closest I knew of was Ellis Brigham who used to charge a flat £5 admin fee, but they use global blue now.

I don't think it's peculiar to the UK either. If you buy things in Nice or Munich (examples I know of), it's the same. I think it's really only the border to CH towns that are really set up for full refunds.
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Old 28.11.2016, 16:42
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Re: What (Swiss) watch do you wear?

They all prefer to use Global Blue as they get a kickback !

The real VAT return amount in UK is 16.67% of the final purchase price as VAT cannot be paid on VAT, which equates to sales price + 20% !

www.vatcalculator.co.uk

You can occasionally do a deal where by the VAT is refunded dirtectly by the retailewr, if the sale is big enough, you cna force them to do it like this rather than Global blue, just threaten to walk away if he refuses

Some retailers will allow you to make payment for the goods and a second payment for the VAT. This can be "held" on a credit card until the VAT form is returned duly stamped by HMRC. (or other European customs official) It's very similar to what hotels do to guarantee the booking without debiting your card but having a means of payment guaranteed.

A lot depends on the retails and the amount of the transaction. The retailer is responsible to either pay VAT or provide proof that the item has been exported outside of the EU. It is more likely to work with an independant retailer, a large chain wouldn't do this probably.
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Old 28.11.2016, 17:30
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Re: What (Swiss) watch do you wear?

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They all prefer to use Global Blue as they get a kickback !

The real VAT return amount in UK is 16.67% of the final purchase price as VAT cannot be paid on VAT, which equates to sales price + 20% !

www.vatcalculator.co.uk

You can occasionally do a deal where by the VAT is refunded dirtectly by the retailer, if the sale is big enough, you cna force them to do it like this rather than Global blue, just threaten to walk away if he refuses

Some retailers will allow you to make payment for the goods and a second payment for the VAT. This can be "held" on a credit card until the VAT form is returned duly stamped by HMRC. (or other European customs official) It's very similar to what hotels do to guarantee the booking without debiting your card but having a means of payment guaranteed.

A lot depends on the retails and the amount of the transaction. The retailer is responsible to either pay VAT or provide proof that the item has been exported outside of the EU. It is more likely to work with an independant retailer, a large chain wouldn't do this probably.
To be honest I didn't think of asking the store when I bought the watch, as I have only ever seen it done via Global. However, I guess in the end it's not a huge difference and I'm just happy to get it back either way.
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Old 28.11.2016, 17:40
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Re: What (Swiss) watch do you wear?

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To be honest I didn't think of asking the store when I bought the watch, as I have only ever seen it done via Global. However, I guess in the end it's not a huge difference and I'm just happy to get it back either way.

Global Blue are very expensive, up to 50% of the refund for "admin fee", it's total crap, it doesn't cost any more in admin fees to refund GBP 100.-- than GBP 10'000.--. There is n o financing involved, just a refund.

The quicker people realise and refuse Global Blue, the quickerr they will disapear.
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Old 28.11.2016, 17:43
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Re: What (Swiss) watch do you wear?

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To be honest I didn't think of asking the store when I bought the watch, as I have only ever seen it done via Global. However, I guess in the end it's not a huge difference and I'm just happy to get it back either way.
Not a huge difference? I don't know what you paid for your watch, but playing with a retail price of £3,000, with a refund of the full 20% VAT you would get £500 back. With Global Blue, you would get £405 back. I'd rather the extra £95 were in my pocket, rather than in Global Blue's.
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