Boating and Brexit.

O

oldgit

Well-Known Member
Joined
6 Nov 2001
Messages
29,300
Location
Medway
Visit site
Acquaintance has boat for sale.
Prospective buyer flew in from Eire. Boat tested , price agreed and a hand shake.
Cost of lifts /transport etc all sorted.

24 hours later buyer withdraws.
Reason.
Amount of " import" duty payable due to buying the boat from a non EU third party country. ?
 
DavidJ said:
Yep
Thats what 25.66% of the electorate voted for.
I‘m worried about taking £1500 worth of boat covers out in Sept by car.
Click to expand...
My experience with taking stuff out is good.
I think that the Spanish customs are using their "common sense".
They asked a yachtie friend if the sails in his car were new.
My friend replied that they were old and he was waved through.
So, your covers are old ones.
 
Good point Mike.
I‘ll try and find an old tent bag to put them in. I’ll be eurotunneling it so hoping the French will have a similar approach.
Interesting that it would be the French collecting the tax ( if I declared) and not the Spanish where the goods are going.
 
oldgit said:
Acquaintance has boat for sale.
Prospective buyer flew in from Eire. Boat tested , price agreed and a hand shake.
Cost of lifts /transport etc all sorted.

24 hours later buyer withdraws.
Reason.
Amount of " import" duty payable due to buying the boat from a non EU third party country. ?
Click to expand...
There is no import duty, but the buyer would have to pay Irish VAT on his import. Astonished any serious buyer would not be aware of that before committing to buying a boat in the EU for export to Ireland.
 
Tranona said:
Astonished any serious buyer would not be aware of that before committing to buying a boat in the EU for export to Ireland.
Click to expand...
Uh?
Unless I got the OP totally wrong, what's happening here is a purchase OUTSIDE the EU for IMPORT to one of the member Countries.
I agree it's amazing that someone still is totally unaware of that, anyway.
 
RobbieW said:
...or perhaps that the seller didnt advise the buyer of the possibility when arranging the viewing
Click to expand...
How is the seller to know a person requesting a viewing wishes to export the boat ?
If you sell anything now does the possibility of export cost come into the conversation, eg. at the supermarket checkout ?
 
DavidJ said:
Good point Mike.
I‘ll try and find an old tent bag to put them in. I’ll be eurotunneling it so hoping the French will have a similar approach.
Interesting that it would be the French collecting the tax ( if I declared) and not the Spanish where the goods are going.
Click to expand...
If you can bring an invoice documenting the details - e.g. purchased in the UK et al

I doubt any customs officer would be able to tell if the goods in question are identical to those on the invoice though.
Documentation handy also if bringing the goods back some day.
 
ChromeDome said:
If you can bring an invoice documenting the details - e.g. purchased in the UK et al

I doubt any customs officer would be able to tell if the goods in question are identical to those on the invoice though.
Documentation handy also if bringing the goods back some day.
Click to expand...
True
It could be a standard off the shelf cover for a boat. The fact that it is specifically for my S37 made from original patterns by my man in Cannock must add times 4 or 5 to the price
But of course my invoice is for £1500
It’s nearly 2 yrs old now since it was made but I don’t suppose that makes any difference
 
Last edited:
DavidJ said:
True
It could be a standard off the shelf cover for a boat. The fact that it is specifically for my S37 made from original patterns by my man in Cannock must add times 4 or 5 to the price
But of course my invoice is for £1500
It’s nearly 2 yrs old now since it was made but I don’t suppose that makes any difference
Click to expand...
I think (and could be wrong) that if the manufacturers had filled out the customs form they might put just the value of the components not the finished product
 
I'm not the sharpest potato in Ireland, but even i'm aware of import duties / VAT from UK to Ireland.

Infact, almost 100% of my imports used to be from UK, now it's 0%.

Same goes for a boat. I *always* looked towards to the UK for purchase of boats. Now it's a total non-runner.
 
alt said:
I'm not the sharpest potato in Ireland, but even i'm aware of import duties / VAT from UK to Ireland.

Infact, almost 100% of my imports used to be from UK, now it's 0%.

Same goes for a boat. I *always* looked towards to the UK for purchase of boats. Now it's a total non-runner.
Click to expand...
Why? If you import from the UK you won’t pay U.K. VAT (on new stuff) so, apart from a little hassle you are virtually in the same place. Of course the pound is rising now, but that’s always a gamble
 
I am not surprised that the potential boat purchaser did not realise that taxes would have to be paid importing the boat into Eire. brexit is a UK problem.
It doesn't matter much to anyone outside the UK, so most people inside the EU probably didnt give it much attention.
 
1- Wonder how many Brits buying new from Cannes / Genoa and opting for Med based are ever gonna pay VAT ( or what ever the EU call it ) again ?
2- Choose the Marina location carefully ?

That’s a massive hundreds of thousands of pounds benefit .Yummy yummy guys !

Further down the line at off load time how attractive theses boats will be on the used market at seemingly 20 % less than the like for like for the next Brit on the Med / boat escalator behind .

That warm in the belly feeling you have legally avoided EU tax in the EU , while your Italian , French , Spanish neighbours in the very same Marina on possibly the exact same boat model are forced to stump up .

Bet that feels great tbh . :) .Always nice to have the last laugh .:D
 
You must log in or register to reply here.

Share this page

Top