Hurricane
Well-known member
You have made several points.I think you will fine it is obligatory to cancel UK SSR if you change ownership.
also it is possible that the new owner will have to pay tax on purchase of the boat if he is keeping it in Spain.
Also also the new owner may be responsible for unpaid tax by the previous owner.
You may be correct about the de-registration but it is only the SSR - I wouldn't loose a lot of sleep over an SSR registration.
Yes, get the boat removed from the UK register.
But you are wrong about the tax.
The OP says that it will be a private sale - so no tax is due on that transaction.
Nobody is responsible for someone else's tax.
The boat will probably have had VAT paid on it in the past - this needs to be confirmed - preferably with proof.
If the boat had UK VAT paid on it initially and it was in the EU on the 31st December 2020, then it will be regarded as EU Goods and no further VAT is required.
If this is the case and we know that the new owner is an EU resident so no further tax will be required.
He is just an EU resident buying an EU VAT pad Good.
And, as I say, registration has absolutely nothing to do with the tax situation.