jrudge
Well-Known Member
Residency is a whole different ball game after X days which other than basics 101 I have little knowledge of as it gets very complex very quickly.
Brexit - latest on VAT Paid Status in the event of a 'no deal' Brexit
- Thread starter petem
- Start date
Bigplumbs
Well-Known Member
At the risk of being shot down...…Is this thread about ways of trying to avoid paying tax that is or would be properly due to the UK coffers
I was shot at for apparently avoiding £27 VAT on my ebay bought boat heater..... I suspect the sums of money in question here are rather more significant.
Just a thought and question you understand...…. Perhaps I am incorrect
I was shot at for apparently avoiding £27 VAT on my ebay bought boat heater..... I suspect the sums of money in question here are rather more significant.
Just a thought and question you understand...…. Perhaps I am incorrect
D
Deleted User YDKXO
Guest
I suspect contributors to this thread may resent that statement. This thread is about proving that a boat on which EU VAT has been paid before Brexit is still recognised as being EU VAT paid after Brexit and certainly not about evading VAT as you did with your heater
petem
Well-Known Member
No Dennis this thread is about the impact of Brexit which require people moving their boats to and from the EU having to pay VAT for a SECOND if bringing their boat back from the Med for instance. The same will happen if taking a UK based boat TO the Med. To put it another way, through no fault of my own, my boat is effectively stranded in the EU as I would have to pay £20k to import it.
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Bigplumbs
Well-Known Member
As I said perhaps I am incorrect. I think it is however useful that people are aware how this thread could be misconstrued so your post above is good clarification.
Perhaps your question is a good one for your MP...….. Might get a useful answer
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Bigplumbs
Well-Known Member
I suspect contributors to this thread may resent that statement. This thread is about proving that a boat on which EU VAT has been paid before Brexit is still recognised as being EU VAT paid after Brexit and certainly not about evading VAT as you did with your heater
As I said perhaps I am incorrect. FYI I have posted £27.00 in a brown envelope to HMRC anonymously to assuage my guilt regarding the heater
Asm
Well-Known Member
Why do you persist in making confrontational statements? The issue would not be misconstrued by anyone who had some knowledge of the topic and had read and understood the posts. Grow up!
Bigplumbs
Well-Known Member
And why do you see questions as you do (it was a question) and then follow up with an insult about growing up. You also use the phrase by anyone...….. Who have you asked to be so sure or do you know every ones mind.
I asked a perfectly reasonable question got an answer from the OP to which I replied and you came on and started with the insults
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julians
Well-Known Member
Don't feed the troll....
Bigplumbs
Well-Known Member
And insult number 2..... nothing original just a cliché …….. Well done you
KINGFISHER 9
Well-Known Member
I thought he was a bit rude too! Perhaps he's one of those types who lives his life through Twitter!
RupertW
Well-Known Member
I think the topic was obvious to everybody who has contributed to the many threads on different bits of the forum, given their replies, so thought it was a bit of an irrelevant question and a bit judgemental but the question just needed a simple answer.
rboater2018
New Member
just so that im clear on this,
So the boat ive just bought, last Sept, in the UK, and went to great lengths to ensure it had proof of VAT paid status, will be liable for VAT once i take it to the Med (unless i now ensure its already in, say France, on the day if/when we leave the EU)?
Would i literally just need a mooring receipt from a French port dated which ever day we leave the EU (no requirement relating to how long beforehand it was actually there)?
How i love this country. I cant even arrange the pet passports yet until I know whats happening thanks to our esteemed leaders.
So the boat ive just bought, last Sept, in the UK, and went to great lengths to ensure it had proof of VAT paid status, will be liable for VAT once i take it to the Med (unless i now ensure its already in, say France, on the day if/when we leave the EU)?
Would i literally just need a mooring receipt from a French port dated which ever day we leave the EU (no requirement relating to how long beforehand it was actually there)?
How i love this country. I cant even arrange the pet passports yet until I know whats happening thanks to our esteemed leaders.
Bigplumbs
Well-Known Member
And of course a Democratically held election
jrudge
Well-Known Member
As things stand now on the explanation we have been given yes.
It will be U.K. vat paid but the eu will only regognise it as such if it is in the eu at the point of brexit. There is no minimum time. It is either in the eu or it is not. If the med is your plan then I would run it to France a few days before brexit ( whenever that is)
D
Deleted User YDKXO
Guest
Lets be clear about this though. First as you say nobody knows when Brexit day is going to be and second, assuming there is an orderly Brexit, there will be a transition period after Brexit day during which nothing changes, including presumably, the VAT regulations. Although that transition period is currently supposed to last until the end of 2020, IMHO it will last a lot longer because negotiating trade deals generally takes many years so the VAT issue may not arise for several years. Even then a trade deal may include mutual recognition of VAT status
The real problem only comes if we leave the EU without a deal and again IMHO that is looking increasingly unlikely. In fact I dont think it was ever likely
Hurricane
Well-Known Member
If your boat was in the UK on Brexit day, you could use the TI (Temporary Import) rules in the EU for 18 months.
And I believe that you can sail out and back and have another 18 months.
Blue Sunray
Well-Known Member
+100
jfm
Well-Known Member
There is quite a lot of stuff written here that is just assumption and guesswork. Even the links in OP are based on law not yet written, vague comment from EC which isn't law, and as the RYA writer admits," assumptions". A lot of this assuming seems to have been done by people who aren't familiar in enough detail with the law as is, so the assumptions aren't great. Sorry to rant and I don't have time for a long post.
But let's not forget upsides, which is relevant to the uk vs med thread. Post brexit, it is very likely that for a UK based boater things work like this:
1. you can buy a new boat to keep in uk for £1m + UK 20% vat. £1.2m cash cost. All good, apart from weather.
2. Or buy exact same boat but take delivery in Gibraltar. Then sail it to a marina in Spain or France or Italy and keep it there. Cost of boat is now only £1m. You have to sail it out of EU for one marina night every 18mths. Quite easily if you're in Spain near Gibraltar or Morocco. If you're in SofF and choose Tunisia, its 450 miles via nice Sardinia and a bottle of wine with Mapism .
I'm not a bexiteer but this is an awesome advantage for uk based private (non charter, etc) med boaters potentially. It works whether the boat is a uk built or other country built boat. And it works for new boats, plus used boats that are not VAT paid.
So does the answer to the uk/med debate change if uk is 20% more expensive when buying the actual boat?
But let's not forget upsides, which is relevant to the uk vs med thread. Post brexit, it is very likely that for a UK based boater things work like this:
1. you can buy a new boat to keep in uk for £1m + UK 20% vat. £1.2m cash cost. All good, apart from weather.
2. Or buy exact same boat but take delivery in Gibraltar. Then sail it to a marina in Spain or France or Italy and keep it there. Cost of boat is now only £1m. You have to sail it out of EU for one marina night every 18mths. Quite easily if you're in Spain near Gibraltar or Morocco. If you're in SofF and choose Tunisia, its 450 miles via nice Sardinia and a bottle of wine with Mapism .
I'm not a bexiteer but this is an awesome advantage for uk based private (non charter, etc) med boaters potentially. It works whether the boat is a uk built or other country built boat. And it works for new boats, plus used boats that are not VAT paid.
So does the answer to the uk/med debate change if uk is 20% more expensive when buying the actual boat?
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MapisM
Well-Known Member
If you say that this alone is enough, I take your word for it, but I'm a tad surprised.
I mean, does this strategy work also if the owner is a Brit citizen who buys the boat as a private individual?