Tag Archives: boat

VAT on Imports from Abroad

The importer of goods or services may well have to pay VAT. HMRC have published a guide on this “VAT: imports, acquisitions and purchases from abroad”, including special rules for VAT due on a boat or ship classed as a … Continue reading

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VAT and Boats – VAT Act 1994

To zero-rate a boat or ship for VAT it has to be over 15 tons and a “qualifying ship” under VAT Act 1994, schedule 8, group 8. Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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VAT and Boats – Zero-rating Passenger Transport

An issue that often crops up with zero-rating passenger transport in a boat, vehicle or aircraft for 10 or more people is how that is determined. VAT Act 1994 schedule 8 group 8 item 4 speaks about something that has … Continue reading

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VAT: Caravans and Houseboats

VAT on boats is a favourite subject area for me. So I should advise tax fans that HMRC have advised that anyone involved in the manufacture / sale of caravans & houseboats, is a caravan site owner, or who provides … Continue reading

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