Tag Archives: barrister

Tax Refunds for Ship / Boat Owners – Norway

Tax fans rejoice! Boat / ship owners in Norway will now be able to claim tax refunds through a state aid scheme thanks to approval by the European Free Trade Association Surveillance (EFTA Surv) Authority. Sitting in London, I am … Continue reading

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Norwegian Tax Refunds for Boat / Ship Owners

Some more details further to my post yesterday re Norway’s scheme for tax refunds for ship owners. The Norwegian state aid scheme allows ship / boat owners to obtain income tax and social security contribution refunds where payments have been … Continue reading

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Norwegian Tax Refunds to Boat / Ship Owners

I note that a Norwegian state aid scheme which grants tax (not VAT) refunds to boat / ship owners has been approved by the European Free Trade Association Surveillance Authority (EFTA Surv.). Further details, with  analysis of effects in London, … Continue reading

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VAT: VBNB46000 – Specific issues: letting on hire of boats and aircraft

I have been asked about the hiring out of boats / yachts and VAT. As a first “port of call” (!) I would refer you to VBNB46000 – Specific issues: letting on hire of boats and aircraft  which is available … Continue reading

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VAT and Boats: 15 Tons Limit

My video explaining the basic concept of the 15 tons weight limit as it relates to VAT (Value Added Tax) and boats is out now on YouTube and will be on my website with a fact sheet in the next … Continue reading

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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 … Continue reading

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Construction Industry Scheme and HMRC Guidance on New Agency Rules

HMRC this week published guidance on the agency rules in place from April 2014. What caught my eye as a tax barrister was HMRC’s views on the interaction with the Construction Industry Scheme (CIS). HMRC say a CIS worker will … Continue reading

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