Strathglass
New member
Last year at the LBS I made enquiries at the Customs stand on how I could deal with the VAT status on my nearly completed 'Home-Built' yacht . I was then told that I could send all my receipts to the nearest customs office (Glasgow) and if all was in order they would send me a letter stating that VAT had been paid on the vessel. I then diligently set about gathering 10 years of receipts and collating all the information. I also phoned Glasgow who knew nothing about VAT on home built vessels. I took this no further as I wished the dating of any VAT letter and initial launching of the yacht to more or less coincide. I then felt quite smug as I thought I resolved yet another problem in the long saga.
This year I had just passed the same stand but went back to say that my package was now ready for sending to them.
A-aaaaaa BUT THAT HAS CHANGED NOW I was told
I was given a single sheet of paper dated JAN 02 called 'U.K. Guide for Yachts'
The gist of it is as follows
U.K. residents should only use a boat in the Community if it is VAT paid, or 'deemed' VAT paid. Documentary evidence supporting this should be carried at all times.
Documentary evidence might include:
* Original invoice or receipt
* Evidence that Vat was paid at importation
* Invoices for materials used in the construction of a 'Home-Built' vessel
(We recommend you carry 10 or so for major components - Hull, Engine etc.)
I was also told that although registration proves nothing it would probably give tangable benifits abroad even SSR.
I have many hundreds of receipts for the parts used in the construction my yacht. I and many more like myself are now faced with carrying this package around with our yacht at all times. I will probably end up having 10 A4 heat sealed packages containing a single typed summary page and a bundle of appropriate receipts inside. I may also carry a floppy containing all the info on each summary sheet.
I think that should be enough.
There is other info on the sheet about older craft and VAT which may be of use to some people. If anyone wishes a copy please send a private message and I will scan it and email it direct to you.
I don't think the info on the paper presents any real problems, it simplifies things and defines procedures in a fairly clear manner.
Iain Simpson
This year I had just passed the same stand but went back to say that my package was now ready for sending to them.
A-aaaaaa BUT THAT HAS CHANGED NOW I was told
I was given a single sheet of paper dated JAN 02 called 'U.K. Guide for Yachts'
The gist of it is as follows
U.K. residents should only use a boat in the Community if it is VAT paid, or 'deemed' VAT paid. Documentary evidence supporting this should be carried at all times.
Documentary evidence might include:
* Original invoice or receipt
* Evidence that Vat was paid at importation
* Invoices for materials used in the construction of a 'Home-Built' vessel
(We recommend you carry 10 or so for major components - Hull, Engine etc.)
I was also told that although registration proves nothing it would probably give tangable benifits abroad even SSR.
I have many hundreds of receipts for the parts used in the construction my yacht. I and many more like myself are now faced with carrying this package around with our yacht at all times. I will probably end up having 10 A4 heat sealed packages containing a single typed summary page and a bundle of appropriate receipts inside. I may also carry a floppy containing all the info on each summary sheet.
I think that should be enough.
There is other info on the sheet about older craft and VAT which may be of use to some people. If anyone wishes a copy please send a private message and I will scan it and email it direct to you.
I don't think the info on the paper presents any real problems, it simplifies things and defines procedures in a fairly clear manner.
Iain Simpson
