VAT Refunds

At Buy Fine Diamonds we operate the VAT Retail Export Scheme. This allows non-UK-resident visitors to be refunded the 20% UK VAT on goods purchased and subsequently exported.

Eligibility

To claim a VAT refund on your purchase, you must:

• Live outside of the United Kingdom and have no intention to return long-term.
• Be leaving the UK within three months of the invoice date, taking the goods with you.
• Stay outside the UK for at least 12 months following your departure with the goods.
• Present the goods, the invoice and your passport to UK Border Force on departure.

How it works

1. On purchase, let us know you intend to export. We issue you the VAT-407 form alongside your invoice and the goods.
2. On the day you leave the UK, present the goods, your passport and the VAT-407 form to Border Force for stamping at your point of departure.
3. Return the stamped form to us by post or hand it back when you next visit. Once we have the stamped form, we issue your refund.

How much you save

UK VAT is 20%. On a £10,000 piece of diamond jewellery, this means up to £1,666.67 back to you on departure (less any administration fees levied by intermediaries, if used).

Need help?

Email info@buyfinediamonds.com or message us on WhatsApp if you are visiting Hatton Garden and would like to walk through the process in person.