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"It allows a free pass from Northern Ireland to Great Britain without a formal import declaration." In this clip from episode 17 of the Berthon International podcast, Joe Francis (Director of VAT and Customs at PKF Francis Clark) breaks down that Unfettered Access Relief is one of the least understood areas of the current framework. In the right scenario, it can allow vessels to move into Great Britain without triggering import VAT. But like most things in this space, the detail matters, and the trade-offs need to be understood. A useful discussion for anyone dealing with cross-border ownership or transactions. Full Episode: https://www.youtube.com/watch?v=MODo9VV_TTA Supporting Article: https://www.berthoninternational.com/berthon-blog/about-vat-is-the-uk-a-strategic-cruising-choice/ Guest: Joe Francis - Director of VAT and Customs at @pkffrancisclark Host: Tim Carbury, tim.carbury@berthoninternational.com, Tel: +44 (0)7780 221 282. #shorts #yachting #vat #yachtvat #hmrc #marineindustry #berthoninternational
Only 1 hour sail away from Dubrovnik, in the Adriatic Sea, are the Elaphiti Islands. This archipelago, consisting of 13 small islands, has 3 large islands which are inhabited: Koločep, Lopud and Šipan. We visited all three islands. Koločep is the smallest island and also the southernmost permanently inhabited Croatian island. We filmed with our dron the bay in which we were with our catamaran on a pier. The typical Mediterranean vegetation is clearly visible here: due to the many dry and warm days, there are many pines (so conifers instead of deciduous trees), palms, olive trees, stately cypresses and succulents are also common. in the Middle Ages, Koločep used to be an important shipbuilding site. For instance 2 members of Christopher Columbus’ crew of the year 1492, were sailors from this island. Now about 230 people live here.