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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
We recently navigated the uncharted Kinabatangan River, aka 560 km of wild, winding waterways home to monkeys, elephants and other rare and endangered wildlife. The surface looks calm, but at night, those glowing eyes of giant crocs in the torchlight remind you who really owns this place... very splash had our crew looking twice! Along the way, we met locals who live entirely from this river, their homes perched on its banks. Guys, would you sail up this river?? Let us know in the comments below!