capnsensible
Well-known member
Were they on a freighter.
Isnt it great that they are safe and seaworthy enough to not have to do that?
Were they on a freighter.
Isnt it great that they are safe and seaworthy enough to not have to do that?
Of course does not tell us whether they were scared out of their wits, brains scrambled due to the slamming or enjoying the ride!
Of course it is you really need to read between lines or at least take note of the smilies, fishing is good today.
Fab back pedal. :encouragement:
You will have to do better than that, all that bending over picking up strawberries then compounded by all that time beneath the waves has addled your logic centres.:encouragement:
Report recently on the Bavaria forum of two rounding Cape Horn on their way to Australia. Fairly common for intrepid Aussies to buy new boats in the Med, cruise around for a couple of years and sail home.
Expanding our search to the Med reveals an abundance of AWBs. There are a few Gib'Sea models around, these look very tempting- would I be right in thinking they are a bit cheaper than Ben/Jen/Bav? Anything wrong with them?
AFAIK VAT status can be lost if they know you've been outside the EU for extended periods but there are exceptions.
Although there are some bargains the other side of the pond, taxes will have to be paid if brought into the EU (no 18 month VAT grace for EU residents) and RCD compliance can cost a fair amount. With Brexit on the horizon, my inclination would be to buy a boat which is EU VAT paid unless no intention of returning.
What does "VAT status can be lost"? Do you mean that if I buy a second hand boat here in the UK VAT paid, sail away for 5 years, and return, I would then have to pay VAT again? And if so, on what? Original selling price (whenever that was)? Current market price? Price I paid for it?
Thanks,
David
Other ways of avoiding this potential tax which is of help to those who keep VAT boats outside the EU in places like Turkey, Montenegro, Canaries, is to make periodic visits into the EU (keeping evidence) as this starts the clock again.
Very interesting post, thank you.
Is there anywhere outside of the actual continent of Europe that counts as being in the EU for VAT purposes? Three years is a bit tight for a circumnav, but if you could stop in at an overseas territory that would be very handy...
Is there anywhere outside of the actual continent of Europe that counts as being in the EU for VAT purposes?
Have you seen this one - looks the part and seems to be suitable for actually living on as a family. An offer might bring it within budget.
https://www.boatsandoutboards.co.uk/Sailboats/steel-yacht-/205516
Spotted that on eBay. Hell of a lot of boat for the money! But steel boats scare me...
A quick Google throws up this list:
https://ec.europa.eu/taxation_custo...al-status-eu-countries-certain-territories_en
Which suggests that certain territories may be in the EU but at the same time exempt from VAT rules. E.g. the Canaries.
Of the places where VAT rules do apply, the ones of note to me are Madeira and the Azores.
But hopefully it's not a problem in practise, certainly it does sound daft to go round the world on your boat and come home to a VAT bill for no apparent reason.