I am a bit confused.
7thgear, you are saying that gift scheme could be used to import a bike. Foos, you said that gift scheme could not be used for bikes. So what's the deal?
Is there no way to save some money on duty by utilizing any of those scheme? I have lived abroad for around 10 years, so I thought I could use some of the concessions/relaxations in duty. If I import a partially used bike, can I save some duty through depreciation etc?