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"If you go beyond maintenance… technically, it wouldn’t qualify." 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 Returned Goods Relief (RGR) can protect VAT status, but only if the conditions are met. Once work moves from maintenance into improvement, that position can change. Refits, upgrades, and time out of the UK all need to be considered properly before making a move. As always, it comes down to planning. 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 first leg of the ARC+ Rally 2024 has come to a thrilling conclusion, and what a journey it has been! This rally, spanning over 800 NM from Gran Canaria to Cape Verde, tested the mettle of sailors and their vessels. It’s a momentous occasion for all participants, but especially for the crews aboard the Catana OC 50 and the Bali 5.4, whose stellar performances demonstrated the strength, speed, and ingenuity of these world-class catamarans. 🏆ARC Rally from Canaries to St Lucia: 1st Place in Multihull Class & Overall Multihull Class Winner: Samourai – Catana 50 OC. The multihull division was the largest-ever with 43 catamarans and 2 trimarans. The rally’s start in Gran Canaria saw light winds of 8-13 knots, with conditions steadily improving to 13-18 knots as the fleet sailed southward. The crews worked tirelessly to optimize their sail plans, ensuring top performance even as they enjoyed moments of relaxation under the sun—a testament to the livability and comfort of their vessels. Your safe harbor for yacht sales, yacht ownership, liveaboard lifestyle and sailing education, and charter management. Visit our website for insider details on how to own and operate a yacht for less than you think! Get expert yacht buyer assistance to ensure your buy the right boat for you and your dream.