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"They may not accept that as an export for VAT purposes… which means VAT is due." 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 while the "12-mile dip" is widely used, it doesn’t always do what people think it does. From a customs perspective, it may reset Temporary Admission. From a VAT perspective, it can be a different story entirely. If it doesn’t qualify as an export, the VAT exposure can be significant. This is where assumptions start to get expensive. 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
An elegantly simple yet highly customizable tandem kayak for on-water adventures with family, friends, and pets. Powered by dual MirageDrives with Glide Technology and Kick-Up Fins, the Duo’s sleek hull design maximizes speed and stability, while greatly reducing drag. The cockpit features comfortable, ergonomic seating, 4 Integrated H-Tracks for accessory mounting, and abundant above and below deck storage compartments to house gear for two. The sleek waterline and Kick-Up Rudder system make for an impressively nimble tandem kayak that’s highly responsive, easy to steer and extremely durable. The roomy Compass Duo is simple to use and adventure-ready, making it the ideal choice for water outings with adults, tikes, and furry companions.