VAT and Boats – Sailaway Boats Notice 703/2

HMRC “VAT Notice 703/2: sailaway boats supplied for export outside the EU”, from December 2011, deals with zero-rating VAT on boats, yachts or ships to be exported outside the EU by an overseas visitor. UK residents can no longer purchase a boat using this scheme.

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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