The "Refit" Risk: Protecting Your Yacht's VAT Status 🛥️

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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

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Lagoon 38 under the night sky 🌚 The Summer Tour continues, and from today you can find this iconic catamaran on its next📍 TOUR STOP: Šibenik, Croatia. Together with our VIP partner Mare Yachting , we invite you to step aboard for catamaran viewings, thrilling sea trials, happy hour gatherings, networking, and relaxed moments at sea.🍹 ➡️ Sign up to meet this amazing catamaran. See you on board! 📹 Timm Oppermann #MasterYachting #MareYachting #Lagoon38 #SeaTrials #CatamaranLife #LagoonCatamarans #YachtingLife #CroatiaEvents #Sibenik #MasterYachtingGroup