Tax Update (December 2008)

Where did you get your game console from?

HM Revenue & Customs (HMRC) have warned of hundreds of imported counterfeit game consoles, many of which are the popular Nintendo DS and DS Lite, being seized at UK freight depots which may not be what they appear to be. The consoles have been purchased online mainly from Asian websites which claim the consoles are "genuine Nintendo products" and sell for around £40 as opposed to the usual £100.

Whilst these do appear to be a bargain buy for Christmas, many come with potential downsides. Not only is there the possible disappointment of the consoles not working correctly but also the dangerous risk of the mains adaptors causing serious injury or death. The adaptors have not been electronically tested and do not meet UK safety standards.

HMRC advises that UK consumers be vigilant when purchasing goods online. Buy them from a reputable or regulated site and, if purchasing from outside the UK or a new website, research the site – check all the facts before you buy.

These consoles will invariably cost you because when they are seized by HMRC you are left with the almost impossible task of trying to recover the money you paid. In addition HMRC may also charge you import duty and VAT on certain items before they can be delivered.