Freebee
Well-Known Member
There is a possibility of importing a mobo from Jersey its not big or valuable possibly 40 years old but I am trying to put together costs - has anybody done this and now what the likely costs will be?
As a 40 year old boat won't have a certificate stating it meets the 2014 regulations, is the valuation not zero? You can't use it and you can't sell it.May I just say that 43 years ago I imported a boat from Alderney. I brought it back to the UK . I sold it 3 years later to someone who took it to Brighton Marine where there is (or was) a large office VAT Office.
A few weeks later I had a visit from a VAT Inspector and I had to pay some Vat.
The boat had been sold new in the UK then taken to Alderney.
Having read another reply, on the way back to the North West of the UK I called into Ireland, so when I arrived at Holyhead I filled in a Customs Declaration, where I truthfully put that I had brought it in from Ireland, and when I was asked by the Brighton Vat Inspector for a copy of my Import Declaration he said it reduced the amount of Vat I paid'
Thing's have probably changed.
When you arrive in the UK why dont you immediately get a Yacht/Boat Broker to give you a valuation, may help with negotiations if you are asked.
Importing is a VAT event. But more importantly, when you import it has to meet the current regulations - a 40 year old boat most probably won't.I thought anything built before 1985 was vat exempt or is that just if it’s in the uk?
While the regs make an interesting read, Not sure they will help you as there is no way an old boat can meet the design requirements and even if it could the cost of proving it and going through the approval process would far outweigh the value of the boat. The standards are applicable to new boats entering the market -, but boats already in the market (UK) do not have to show they comply. However the same boat being imported from outside the market does have to comply because it is deemed to be entering the market in the same way as a new boat, or a boat that does already comply with the latest standards.Where can I find a copy of the current regulations?
Partly in that boats built pre war or to older designs (I forget the exact date, but it is likely in the link) may be exempt from the RCD. Still subject to VAT. If you say what boat it is that you are interested in it might help.If I was to import a classic car are they not exempt from passing current regulations, are classic boats not treated in the same way? and if not why not?
If I was to import a classic car are they not exempt from passing current regulations, are classic boats not treated in the same way? and if not why not?
Cars being imported require VAT payments and conformity checks.If I was to import a classic car are they not exempt from passing current regulations, are classic boats not treated in the same way? and if not why not?
At least with a car you can get an individual vehicle conformity check, it is a well used method of importing a vehicle, still needs to comply with the regulations in the UK. Kit car builders also use the same method too.Cars being imported require VAT payments and conformity checks.
Did i read somewhere that racing boats are also exempt ?Partly in that boats built pre war or to older designs (I forget the exact date, but it is likely in the link) may be exempt from the RCD.
The requirement to comply with the RCD on import has always been there. The only thing that Brexit changed is the EU is now the same as for example the US. It is a criminal offence to not comply, although this is trade regulations so there are other ways of dealing with non compliance intended to ensure that the product does not enter the market. For obvious reasons there is little likelihood of detection once the boat has cleared customs, but as VAT is payable there is every chance that at some point in the import process compliance will be checked.I assume meeting the rcd is an obligation but no more. The boat ssr registration process voluntary ) does not require a copy of the rcd paperwork and I can't see anyone ever asking for it.
This does not make it legal but it is difficult to see the practical problems. I suppose if it was a total loss your insurance company might ask for it but if it is a model in wide U.K. circulation anyway and has simply been caught up in the technicalities of Brexit why would they ask ?
Yes "labeled as such by the manufacturers"Did i read somewhere that racing boats are also exempt ?