VAT

[bluesailorp]

Nauticalnomad:: It's a good suggestion but the boat I'm trying to negotiate is a 1999 wauquiez,so doesn't fit that option..
Thanks anyway

[bluesailorp]

Thanks Andy :
I start to get a better picture of all this complicated process,any suggestion when you say it's ways around it..........

[bluesailorp]

Hi Axel G......
Appreciated your info,in fact I was question my self about it if I could claim the boat as part of household goods when moving back to EU since it's a personal recreational item. could you explain why German flag may be an issue?? And CE approved??

[Axel_G]

Not sure about this, but I could imagine that having a German flag kind of makes it seem unreasonable that you were completely outside of the EU and are moving back. So I would check if this could be an issue, maybe it is not.



If the boat is not CE certified you cannot bring it into the EU or you need to certify it. And then the Vat is the less costly issue.

[Godshalk]

Originally Posted by Andy Todd

In a sense the VAT is not a transaction tax on the sale of a good. It's a license to use it EU waters. Paying VAT infers Union Goods Status on a boat meaning it can stay indefinitely in and travel freely between EU states.



You need to carry the VAT paid invoice on the boat.


The country of registration is independent of VAT status.



The EU has a 'blue book' that cites the value of new and used boats for VAT purposes.


Some boats are not in the book and can't be VAT paid 'cause they haven't passed EU regulatory compliance. Make sure you buy a boat that's in the book.



Each country can determine it's own VAT percentage. So pick an import location with the lowest rate.


If a boat does not have UGS is can stay is EU water for (I think, but check) 90 days. But all you need to do is sail in and out of EU waters to renew the period. There are exceptions to this, e.g. if the boat is on the hard for a longer period.... and there's the issue of EU citizens not being allowed to do this, but there are ways around it.



Do not buy a UK VAT paid boat unless you know what you're doing.... Brexit!



DON'T TAKE WHAT I OR ANYONE ELSE SAYS AS GOSPEL, INCLUDING LEGAL COMPANY WEBSITES. There's is a lot of misinformation. Go directly to the European Commission's website. All the info you need is there, if it's a little difficult to find.


... and then just buy a VAT paid boat in Europe.

Andy, can you advise re "There are exceptions to this, e.g. if the boat is on the hard for a longer period.... " My US-flagged sailboat has been in the EU for 16 months and is now in Denmark. I was en route to Norway but needed a new transmission, new propeller and new standing rigging so she is now on the hard in Denmark until May. Article 251(3) suggests that I may qualify for an extension up to 24 months. Any idea if this is possible and how to do it?

[slug]

Originally Posted by Dockhead

You will have to pay VAT on the boat at the first country you enter in the EU.


If you have an EU passport, you are not allowed to use a non-VAT paid boat in EU waters, whatever the flag.


You might find it more economical to buy a VAT-paid boat, but note that to preserve VAT-paid status the boat should not change hands outside of Europe.

Dockhead has it correct

VAT rules are complicated

Best if you speak with A VAT specialist if you have technical questions

For instance...a company owner charter yacht

As for the value of the boat used to determine your VAT payment .....Mysterious.... seems that each EU
Member has its own formula ....once again ....speak to a specialist

Also ... I see Europeans operating Channel Islands flag , non VAT boats

[slug]

Originally Posted by Godshalk

Andy, can you advise re "There are exceptions to this, e.g. if the boat is on the hard for a longer period.... " My US-flagged sailboat has been in the EU for 16 months and is now in Denmark. I was en route to Norway but needed a new transmission, new propeller and new standing rigging so she is now on the hard in Denmark until May. Article 251(3) suggests that I may qualify for an extension up to 24 months. Any idea if this is possible and how to do it?

In Spain it used to be possible to customs bond a yacht while in “storage “

A few years ago this rule changed

Speak to a Yacht import export VAT specialist

In Spain a specialist is https://networkmarineconsultants.com/

[Godshalk]

Originally Posted by slug

In Spain it used to be possible to customs bond a yacht while in “storage “

A few years ago this rule changed

Speak to a Yacht import export VAT specialist

In Spain a specialist is https://networkmarineconsultants.com/

Thank you. I will try to find a VAT specialist in Denmark. Here is the article that, I think, suggests a solution:

Excerpt from REGULATION (EU) No 952/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 9 October 2013 laying down the Union Customs Code (recast)

(OJ L 269, 10.10.2013, p. 1)

1. Article 251

Period during which goods may remain under the temporary admission procedure

1. The customs authorities shall determine the period within which goods placed under the temporary admission procedure must be re-exported or placed under a subsequent customs procedure. Such period shall be long enough for the objective of authorised use to be achieved.

2. Except where otherwise provided, the maximum period during which goods may remain under the temporary admission procedure for the same purpose and under the responsibility of the same auth*orisation holder shall be 24 months, even where the procedure was discharged by placing the goods under another special procedure and subsequently placing them under the temporary admission procedure again.

3. Where, in exceptional circumstances, the authorised use cannot be achieved within the period referred to in paragraphs 1 and 2, the customs authorities may grant an extension, of reasonable duration of that period, upon justified application by the holder of the authorisation.

4. The overall period during which goods may remain under the temporary admission procedure shall not exceed 10 years, except in the case of an unforeseeable event.

[Hartings]

Ok, here we go totally without guarantee etc. Forget the flag of the boat, where it’s built, where you are buying it..... if you are bringing it to the EU then all that really matter is where you are domiciled.
If you have a Canadian and EU passport then you MAY be able to bring the boat into the EU under the ‘18 month rule’ - it depends if you have sufficient evidence to convince the Customs people. AFAIK many people do this. You will then be constrained by the Schengen rules was to how long ‘you’ rather than the boat can stay in the EU.......

[Pete7]

Originally Posted by slug

In Spain it used to be possible to customs bond a yacht while in “storage “

A few years ago this rule changed

Speak to a Yacht import export VAT specialist

In Spain a specialist is https://networkmarineconsultants.com/

That is still possible in the UK, I walked past these boats for sale this morning and wondered how it worked so looked it up:


https://www.berthon.co.uk/yacht-sale...oms-warehouse/