"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

0

0

0

68

0

0

0

0

128

A lot has happened on the outside but also a lot of work has happened on the inside. Here is a quick tour of my new v-berth - the master bedroom. I canged it from the two single beds into one queen sized bed, build a little natural wardrobe, painted, got new flooring and installed LED lights. Very cosy! Basil approves :) IG: yvonnemarianna.travels Patreon: SailingStormy

0

0

0

533

0

0

0

0

524

0

0

0

0

17,724

Learn more about the mysterious connection between cats and gin in its early history on this GINcredible tour at BRIGLJEVIĆ DISTILLERY in Zagreb. Taste the three types of gin, produced at the BRIGLJEVIĆ DISTILLERY, each with its own unique character. A perfect starting point for every enthusiast on their gin exploration journey here in Croatia! For the full CROMADS video see: https://youtu.be/IG9sgmDNWoc

0

0

0

412