The Least Understood Way to Avoid Yacht Import VAT 🚢

"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

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It would be wonderful to win, so please cast your vote here: https://awards.classicboat.co.uk/restoration-of-the-year-under-40ft/ Our friends over at Berthon Boat Company have been nominated for the Classic Boat Awards, in the category ‘Restored sailing vessel under 40ft' for the extensive restoration of Brynhilde, a 1958 Fred Parker 10-metre wooden Bermudian sloop. https://www.youtube.com/c/BerthonBoats This is a testament to the extensive refit, expertly performed by Berthon’s highly skilled team. Well done to all who were involved in returning this beautiful classic sailing yacht to its former glory. The following series captures the extensive restoration of Brynhilde, a 1958 Fred Parker 10-metre wooden Bermudian sloop, who arrived here at Berthon on the 4th October 2019. She has been in her present family’s ownership for the past 40 years, competing in the Hill Robinson sponsored regattas in the south of France for over a decade, and most recently sailed at the 2021 Monaco Classic Week – La Belle Classe. Arriving for a deck replacement but undergoing broad further works, Brynhilde is a beautiful example of a timeless yacht refitted to an incredibly high standard. Traditional skills were used throughout this project. A talented team of Shipwrights, Engineers, Electricians, Riggers and Painters led by Dave Bolwell, more fondly known as Curly, dedicated thousands of hours to the careful refurbishment of a well-loved family yacht. - Restoration Playlist https://youtube.com/playlist?list=PLebSOrLsZM0Rr8Ca3NsnONk6tSqyUxQHt - Project Overview https://youtu.be/PKEd8WPQMj8 PART 1 - Arrival & Inspection https://youtu.be/zuZ-W80fBIk PART 2 - Exterior Restoration https://youtu.be/tw2LO662mB4 PART 3 - New Deck https://youtu.be/hh1IVTRsHDg PART 4 - Interior Restoration https://youtu.be/iiB8_5Q-X_w PART 5 - Paint and Finishing Touches https://youtu.be/g6pXaG6g43k PART 6 - Launch & Stepping her mast https://youtu.be/4eNyqHMY8ds PART 7 - Sea Trials https://youtu.be/Xod0o1YF7vU - Deck Teaser https://youtu.be/heYt0sNAkxg Paint Teaser https://youtu.be/qE12_zIOiE0 Launch Teaser https://youtu.be/tVSXG7igTIU Mast Stepping Teaser https://youtu.be/VmaCrYZ5nkE Sea Trials Teaser https://youtu.be/Ic7Qlh_cRn4 #YachtRestoration #YachtRefit #ClassicYacht #WoodenYacht #BoatRestoration #MarineEngineering #TeakDeck #YachtPaint #Woodwork #ClassicBoat #BoatBuilding #Shipwright #Lymington #Sailing #Berthon

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