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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
The Beneteau 43 for sale in Greece is a versatile and well-maintained vessel equipped with four cabins, making it suitable for accommodating a group of people comfortably. This sailboat is in perfect condition, ready to set sail for various adventures. Previously used for charter purposes with the owner as the skipper, it had the Greek flag until September 2023. During this charter period, the boat underwent all the necessary inspections, ensuring compliance with safety standards. The sailboat features a reliable Yanmar motor with 3500 hours of service, meticulously maintained and in excellent condition. Currently, in dry dock, the boat has been used only for five months per year, indicating careful usage and preservation. The sails are in good condition, promising an enjoyable and efficient sailing experience. Whether you're an experienced sailor or a charter enthusiast, the Beneteau 43 offers a comfortable and well-equipped option for maritime adventures. 2008 Flag: San Marino VAT not paid. Greece, Athens EUR 120000 https://lookboat.com/boat/2008-beneteau-43-for-sale-in-greece/