Update to Lost Papers. VAT and French Gisapo MK 2

[hlb]

Wot keeps going wrong???????

However. Found lost papers. First bill of sale says. Sold to X One boat for £1 and other conciderations?? Then loads of stamps and that red ear wax stuff. Then it's sold to the first real owner on Windermere for 75 grand with the words second hand boat on the paper.....

Mucky Farter wos called Grassmere Lady. Do I need to inform the Transexuall authorities of the change /forums/images/icons/laugh.gif

<hr width=100% size=1> Get Yer Flags ear</font color=red>
Haydn

 

[steverow]

See.. told you they'd eventually turn up. (I'm never wrong..only slightly misguided)

Steve.


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[hlb]

Wot I want to know is. Wheres the proof of vat paid?? There is no mention of vat. Or do I pay the French gistapo 17.5 p if I get caught?

<hr width=100% size=1> Get Yer Flags ear</font color=red>
Haydn

 

[jhr]

Hmm. I'm not a tax accountant, but it sounds as if something creative was going on at the time of the initial sale, if it was sold for a oncer. Is there an invoice for the original sale? 'Cos presumably it was £1 plus VAT of 17.5P? or 85p plus VAT? Or was VAT included on the sale to the "First Real Owner"? In which case no probs, I guess. Maybe no probs anyway - like I say, my knowledge of tax matters is marginally less than my grasp of particle physics.

Re the Transsexual authorities, I'm afraid I can't answer your question without having inspected Mucky Farter's undercarriage. /forums/images/icons/wink.gif

<hr width=100% size=1>Je suis Marxiste - tendance Groucho

 

[Wiggo]

Bill of sale's got bugger all to do with VAT, I'm afraid. The '£1 plus other considerations' bit is archaic, but not unusual. We once bought a boat from some bloke who put his occupation down as 'gentleman', for £1 plus other considerations (about 69,999 of 'em), f'rinstance...

Proof of VAT is the original invoice from the builders, probably to some dealer, who then sold it to the first owner, though if the boat was built before 1985 you only need to prove it was in the EU on Dec 31 1992 to have VAT status. You would probably have to get sworn statements from witlesses they saw MF at a New Year's Eve party or summat...

<hr width=100% size=1><A target="_blank" HREF=http://homepage.ntlworld.com/graham.wignall/boats/eulimene600x800.jpg>The old and the new</A>

 

[Jim44]

If it was sold by Waterhead, I bet they could tell you the story, but you probably know this anyway.


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[jfm]

Yup as Graham said the "£1 + other considerations" is very normal, it is not a VAT scam. To "prove" VAT paid you need either invoice from builer to dealer, or dealer to first customer (though these don't really prove it is VAT paid, but never mind everyone thinks they do). I suspect there are lots of boats that dont actually have this VAT paperwork properly, and no harm is done

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