"They may not accept that as an export for VAT purposes… which means VAT is due." 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 while the "12-mile dip" is widely used, it doesn’t always do what people think it does. From a customs perspective, it may reset Temporary Admission. From a VAT perspective, it can be a different story entirely. If it doesn’t qualify as an export, the VAT exposure can be significant. This is where assumptions start to get expensive. 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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Clare made me promise that that beer would be the last one of the day. Join this channel to get access to perks: https://www.youtube.com/channel/UCFuWfLVgIBL6JzolbRqefXw/join

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How to tie a 🥨 Heaving Line Knot. ... This is an easy, but very useful knot for those times when you need to heave a line ashore or over to another boat. It's fun to tie and flies well. Tie it while you are chugging towards the marina and have it ready in good time. ... Use this knot to add a bit of weight to the end of your rope so it's easier to throw. Try not to hit the person on the dock who's trying to catch it! ... There are lots of variations of this such as the Monkey's Fist, but this one is my favourite for when you are short of time. It's easy to untie too, once the line is safely heaved over. ... The trick is to give yourself enough rope to work with, so make your loops a fair way down from the working end, just practice it. .....

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