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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
With 33 years in Formula One, and 24 World Championships under his belt, Geoff Willis, Chief Technical Director at INEOS Britannia knows a thing or two about high-performance sports teams and aerodynamics. #AC37Recn #shorts SUBSCRIBE to the official America's Cup channel: https://www.youtube.com/c/americascup Like America’s Cup On Facebook: https://www.facebook.com/americascup Follow America’s Cup On Twitter: https://www.twitter.com/americascup Follow America’s Cup On Instagram: https://www.instagram.com/americascup Stay up to date with the America’s Cup newsletter: https://www.americascup.com/en/newsletter The 37th America's Cup will be Defended in Barcelona by four-time America's Cup winner, the Royal New Zealand Yacht Squadron represented by their team, Emirates Team New Zealand. #AmericasCup #AC37 #Barcelona2024