Yachting Monthly 0shares
Are you confused about the boat VAT rules in the UK and EU following Brexit? Yachting Monthly experts help to unravel what the new regulations post-Brexit mean for sailors
Boats owners who cruise outside of the UK or the EU for over three years face paying a second VAT payment on return
What are the exceptional circumstances to avoid paying boat VAT again?
It is clear that if a boat is exported from the UK or EU for more than 3 years then that boat will be subject to VAT upon its return, even if it is returned by the same owner to the same country as it left – except under exceptional circumstances.
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