Has anyone got any sensible suggestions?

peter gibbs

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Sensible answer as requested: There is really only Aus or New Zealand where your mate can expect to realise a real world market value and within a realistic time frame in that part of the world; to add to his pain, the value of those new sails, engine, etc. will increase the boat's value with regard to the levying of import duties; I don't recall how it works in Tonga, but he may well end up paying their tax to import the engine and then the Aus/NZ import duty too.
The other option is to sail the boat across to Fiji (French Poly either, though that's a bar-steward passage) where there is a market - albeit significantly smaller - from buyers, predominantly from NZ & Aus, looking to buy a boat there and keep it there (in part it saves them having to do the hard yards to get there) They won't pay the Aus/NZ price for the boat, but they will likely pay more than the Aus/NZ price, less tax (20%+) that he'll finish up with in Aus/NZ; on the downside, it's likely to take longer to find a buyer there than in Aus/NZ.

Sensible answer as requested: There is really only Aus or New Zealand where your mate can expect to realise a real world market value and within a realistic time frame in that part of the world; to add to his pain, the value of those new sails, engine, etc. will increase the boat's value with regard to the levying of import duties; I don't recall how it works in Tonga, but he may well end up paying their tax to import the engine and then the Aus/NZ import duty too.
The other option is to sail the boat across to Fiji (French Poly either, though that's a bar-steward passage) where there is a market - albeit significantly smaller - from buyers, predominantly from NZ & Aus, looking to buy a boat there and keep it there (in part it saves them having to do the hard yards to get there) They won't pay the Aus/NZ price for the boat, but they will likely pay more than the Aus/NZ price, less tax (20%+) that he'll finish up with in Aus/NZ; on the downside, it's likely to take longer to find a buyer there than in Aus/NZ.
Speaking from NZ this is currently a good, not roaring, market. Sailing to NZ and staying on board as a visitor can be extended for a number of months, the boat preppd for sale and enquiries made. On sale, import tax will be payable on disposal and this will be the vendor's responsibility. Making the vessel seaworthy is essential for this steategy.
If a solution closer to current base is available it's a question of time availability. I suspect liability to import tax is more negotiable in lower latitudes! Cutting losses is likely paramount.
 

Stingo

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Is there VAT on naked women shipped into the Uk. Bring them in by rubber dinghy & there could be a market. I could do with one if the price was right. Our washing machine has broken & the wife is struggling with the hoovering :(
There's only VAT payable on the inflatable type of naked woman. Is that the sort you were thinking of?
 
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