Does anybody know...

Neraida

Neraida

Well-Known Member
Joined
1 Jun 2003
Messages
1,508
www.neraida.org.uk
The definitive answer to how much it costs to bring a boat to the UK bought from the US?

Taking figures at random, say the purchase price was, oh i dunno, £30,228 (Roughly /forums/images/icons/wink.gif) and the boat would be approximately ish 9.450m long...

I have searched the forum, but the multitude of different opinions are somewhat challenging..

Cheers

<hr width=100% size=1>
 
if you buy on the west coast and transport it to east coast 41ft yacht price is 8k$
sail it home yourself after hurricaine season.

<hr width=100% size=1>Wishbone
Rolling, rolling, rolling keep them doggies moving!
Where’s me chuck wagon gone?
 
Don't know if this is any help, but cost me 10K sterling to have 40' yacht shipped home from Down Under. Boat arrived in such a state I would never recommend it!
Cheers

<hr width=100% size=1>
 
17.5 per cent VAT, a couple of thousand pounds for RDC compliance plus transport. You can reduce the 17.5 per cent by coming in through a lower rated EC country. RCD compliance will depend a lot on how much work is needed to modify the boat to comply with teh RCD. It can be a little or a lot. You will also have to pay fees to various experts, agents and advisors

<hr width=100% size=1>JJ
 
James, if you buy a used boat abroad, what figure is used to derive the 17.5% if the boat was British built in the first place? eg a Moody being advertised 'VAT not paid'. Its not based on the original purchase price is it?

Also, could you agree an articifically low price for the boat, and then pay the balance for some other item not taxable? For example, if the boat is advertised at £80k, could you pay £40k for the boat, plus 17.5% to C&E, then another £40k for the inflatable with no VAT due if you brought it home in the car.



<hr width=100% size=1>It's frustrating when you know all the answers, but nobody bothers to ask you the questions.
 
For all imports the VAT is charged on what C&E think is a reasonable price for the item, what you actually pay for it is irrelevant; you can offer an invoice to support your estimate of what the yacht is worth but C&E are not required to take notice of it.

Some time ago there was a discussion about the best place to import the boat into the EU based on which Customs would accept the lowest valuation.

Interestingly I presume the basis C&E can use is the used value of the yacht in the UK - rather than in the market in which you bought it. Given that you are probably buying the yacht abroad to take advantage of lower prices in a different market it is possible that C&E could legitimately charge you VAT on a figure greater than you actually paid for the boat...

<hr width=100% size=1>
 
Yes, that's right, though I believe C&E will normally accept an invoice figure provided it looks realistic.

JJ says a couple of thou for RCD. I was quoted considerably more than this a few years back. It must depend not just on the cost of testing, but also the remedial work that may be required to bring the yacht up to the standard for its category. For example, all the portlights may need replacing - many of those on older yachts will not meet RCD cat A/B standards. I believe its true that the cost of testing also depends on whether a previous yacht of the same type has sought RCD clearance? Presumably if so, the testing need be less thorough.

It would be most interesting to hear from someone who has actually taken an imported yacht fully through the process of CE marking (as opposed to those who have paid for some form of certificate of exemption).



<hr width=100% size=1>
 
Just a quickie,

If the boat I wuld like to "Import" was built in 2002 and in France, one would assume it already is CE marked and passes any relevant RCD thingamies??

ta

<hr width=100% size=1>
 
You must log in or register to reply here.

Share this page

Top