The Saga Continues But A Funny Thing Happened On The Way To the Forum

a vat invoice , which is what most sellers produce isnt worth the paper its written on as it doesnt prove the vat was actually paid. If the seller finds it , all well and good if not I wouldnt worry about it and will only ever be an issue if you intend to go abroad with it.
 
SEARANGER ANCASTER said:
a vat invoice , which is what most sellers produce isnt worth the paper its written on as it doesnt prove the vat was actually paid. If the seller finds it , all well and good if not I wouldnt worry about it and will only ever be an issue if you intend to go abroad with it.
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..... or sell the boat to someone who wishes to take it abroad (or sell it on to someone who wishes to take it abroad) .....
 
Don't let poor paperwork make you walk away from a good boat. People on here like to create issues where there in fact are none to worry about.

Worrying about a mythical horseman charging at you one day is a waste is energy. Just fight the horseman if and when he charges. You get loads more achieved this way
 
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petem said:
A few hours work and I could easily create an 'original' looking VAT receipt. I don't need to as I have the original but note that it's or signed or stamped or anything like that.
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So just a piece of paper with some ink on it or worse if it is electronic a big row of 1's and 0's all over the place
 
Apologies to OP for a very quick question / diversion that doesn't warrant a new thread. If VAT was paid in a EU country would a 2nd hand boat then need to have VAT paid to HMRC if brought into the UK? Quick yes or no will do. Thanks
 
If the boat was built and sold originally in the UK by a UK builder and Broker.
surely confirmation. Would be on the original bill of sale.
A copy could be found from the builder. No longer exists. So No.
The original dealer or broker would surly have a record of the sale. If it still exists. So again No.

The VAT was originally paid to the UK Tax man. Those buggers probably still exist. Surely there must be an office somewhere with a wee tax man in it. Who keeps a record of taxes paid. There probably is one probably dedicated to VAT.

Boat builder. Make. Size and Official No. Dealer Name and Date of original sale. One would think. The Tax man should be able to find it. Problem for the current owner to sort. But if you were keen on the boat you could always make enquiries.

The abouve might not exist
 
Bigplumbs said:
Don't let poor paperwork make you walk away from a good boat. People on here like to create issues where there in fact are none to worry about.

Worrying about a mythical horseman charging at you one day is a waste is energy. Just fight the horseman if and when he charges. You get loads more achieved this way
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I'd rather have a boat that...

a) I can use abroad;
b) can raise finance on (if required);
c) has all the paperwork so that future buyers won't be put off (or attempt to chip me down on price).

If these things don't matter to you then crack on!
 
BruceK said:
Apologies to OP for a very quick question / diversion that doesn't warrant a new thread. If VAT was paid in a EU country would a 2nd hand boat then need to have VAT paid to HMRC if brought into the UK? Quick yes or no will do. Thanks
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SEARANGER ANCASTER said:
no, vat only gets paid once
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Not quite so simple. Paid once if it remains in EU circulation. If it leaves the EU for a period ( I cant remember how long - 3 years springs to mind but it could be more / less) then it is a new import and VAT is payable once again .

Bear in mind UK boats will all be out of the EU soon ....
 
SEARANGER ANCASTER said:
a vat invoice , which is what most sellers produce isnt worth the paper its written on as it doesnt prove the vat was actually paid. If the seller finds it , all well and good if not I wouldnt worry about it and will only ever be an issue if you intend to go abroad with it.
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As far as I can tell, neither the OP or the chap he's buying the boat off is intending to go abroad, and yet it's currently very much an issue to both of them.
 
BruceK said:
Apologies to OP for a very quick question / diversion that doesn't warrant a new thread. If VAT was paid in a EU country would a 2nd hand boat then need to have VAT paid to HMRC if brought into the UK? Quick yes or no will do. Thanks
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Bigplumbs said:
So just a piece of paper with some ink on it or worse if it is electronic a big row of 1's and 0's all over the place
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This is getting a bit silly.

A contract is only a piece of paper so lets just ignore it and so on.

If people on a public forum honestly want to suggest forging VAT documents then so be it but this would be unwise and an offence.

The defence that "but my lord it was obvious VAT gad been paid so no harm done" is really not going to cut it.

Many countries have a compulsory register. You cant put it on that register without the tax receipt ( Spain for example and I believe France and Italy) so the Europeans have less interest in the receipt then we do. However in the Uk it is all you have to prove it has been paid. Daft system. Probably, but that is what it is and yes people do check and yes I personally have been checked ( Bonfacio).

At the end of the day the vendor will have issues selling. His choice is to find the docs or discount it by an amount a buyer is happy to take on the risk.
 
jrudge said:
Not quite so simple. Paid once if it remains in EU circulation. If it leaves the EU for a period ( I cant remember how long - 3 years springs to mind but it could be more / less) then it is a new import and VAT is payable once again .

Bear in mind UK boats will all be out of the EU soon ....
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Thank you. My VAT was paid in the EU, are you saying it will become invalid once the UK leaves the EU?
 
jrudge said:
This is getting a bit silly.

A contract is only a piece of paper so lets just ignore it and so on.

If people on a public forum honestly want to suggest forging VAT documents then so be it but this would be unwise and an offence.

The defence that "but my lord it was obvious VAT gad been paid so no harm done" is really not going to cut it.

Many countries have a compulsory register. You cant put it on that register without the tax receipt ( Spain for example and I believe France and Italy) so the Europeans have less interest in the receipt then we do. However in the Uk it is all you have to prove it has been paid. Daft system. Probably, but that is what it is and yes people do check and yes I personally have been checked ( Bonfacio).

At the end of the day the vendor will have issues selling. His choice is to find the docs or discount it by an amount a buyer is happy to take on the risk.
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Keep your tin hat on if I were you because I was told the sky was falling in.

Files and Paperwork I spent years sodding around with it and when my office (a big one) was closed most of it got chucked in a skip......... Get real I say
 
BruceK said:
Thank you. My VAT was paid in the EU, are you saying it will become invalid once the UK leaves the EU?
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If that were true HMRC would be quite chuffed with the income. The Proof for all this is very difficult and where does that burden of proof rest with you or HMRC

For all things EU I rather like this which was about Eurovision but still seems apt. It is important you watch/listen till the end

https://www.youtube.com/watch?v=U2f73VDUllI

If you are easily offended please don't click the link above. I love the way he has a go at everyone
 
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In my experience with buying property there have been a few occasions when some old restrictive convents etc could't be clarified so the vendor has taken out a single payment insurance policy that would pay out in the unlikely event that the covenant was exercised. Could a something similar be underwritten for 'VAT Proof not present' type situations?
 
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