goeasy123
Active member
A UK registered and owned boat is Union Goods if it was EU VAT paid and in the EU at the end of the Transition period. The VAT invoice is from a UK company, VAT paid to HMRC, pre BREXIT and the Bill of Sale is dated pre BREXIT.
After a number of transactions the boat is sold to a new owner, an EU citizen. At some point the registration is charged to an EU country. The Bill of Sale is dated post BREXIT showing a sale transacted, in good faith, in the EU bwteen EU residents.
Does the new owner have to maintain proof that the boat was in the EU at the end of the TP or has that requirement lapsed through sales?.... Does the relevant rule relate to the flag state of the boat or the EU country in which the VAT was paid?
After a number of transactions the boat is sold to a new owner, an EU citizen. At some point the registration is charged to an EU country. The Bill of Sale is dated post BREXIT showing a sale transacted, in good faith, in the EU bwteen EU residents.
Does the new owner have to maintain proof that the boat was in the EU at the end of the TP or has that requirement lapsed through sales?.... Does the relevant rule relate to the flag state of the boat or the EU country in which the VAT was paid?