VAT Zero-rating for Boats

To qualify for VAT zero-rating a boat or ship has to be above 15 tonnes and not designed or adapted for recreation of pleasure. Value Added Tax Act 1994, schedule 8, group 8, item 1 and note A1 refer.

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
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