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Expect the unexpected
Hi guys, a few days ago we got an email informing us that the charter company no longer want's any of it's boats listed in the company. What this means for us is that we have to pay the VAT on the boat in Sweden or find a way to keep the boat VAT free. Unfortunately we did not plan for this at this time as we expected the boat to come out of charter in 5 years and then we would pay the VAT. To cut a long story short if we cannot find the VAT money, which in Sweden is 25% of the boat value as it is now, we will be forced to sell the boat. Let's hope we can raise the money.

