G
Guest
Guest
Hi there,
I am looking to buy a steel boat for a three year circumnavigation. The best prices for this kind of boat seem to be had in the US. Since my plan is to circumnavigate I don't really care which side of the pond I buy the boat, so purchase in the US seems sensible. However, any boat I buy will not be small craft directive compliant or VAT paid. I would like to sell the boat in the UK when I return and need to know what imact this will have. I have realised that I need to change my country of residence before I purchase the boat so that I can bring it back to the UK without paying VAT, that way the VAT only has to be paid wehn I sell it. But will I be able to sell it in the EU at all? Can I sell a boat in the EU which does not comply with the small craft directive? Can I register a non compliant boat on the british registry? I have read the RYA documentation regarding this but am still unclear.
Many thanks to anyone who can shed some light on this confusing subject.
Will
I am looking to buy a steel boat for a three year circumnavigation. The best prices for this kind of boat seem to be had in the US. Since my plan is to circumnavigate I don't really care which side of the pond I buy the boat, so purchase in the US seems sensible. However, any boat I buy will not be small craft directive compliant or VAT paid. I would like to sell the boat in the UK when I return and need to know what imact this will have. I have realised that I need to change my country of residence before I purchase the boat so that I can bring it back to the UK without paying VAT, that way the VAT only has to be paid wehn I sell it. But will I be able to sell it in the EU at all? Can I sell a boat in the EU which does not comply with the small craft directive? Can I register a non compliant boat on the british registry? I have read the RYA documentation regarding this but am still unclear.
Many thanks to anyone who can shed some light on this confusing subject.
Will
