Tag Archives: zero-rating

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 … Continue reading

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London Yacht, Jet, and Prestige Car Show in May

The Yacht, Jet and Prestige Car Show will be held in London from 4th May 2016. with the London On-Water Boat Show opening on 7th May. With some boats able to benefit from zero-rating for VAT, normally 20%, tax-planning is … Continue reading

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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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