Cruisers Forum
 


Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on Cruisers Forums. Advertise Here
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 03-05-2023, 06:38   #1
Registered User

Join Date: Dec 2019
Posts: 44
Uk flag, no EU VAT, sell in Gibraltar?

Hi all,

I've had my boat outside the EU VAT zone in Melilla over Winter.

She's up for sale and won't sell there, so I'm thinking of moving her to Gibraltar and finding a broker there.

I think that avoids any potential VAT disasters, and I just need to check out of Melilla and head over there. Given its a UK flag I wanted to check there wasn't going to be a need to pay UK VAT (or any other surprises) on arrival in Gib?

Thanks!
colombo is offline   Reply With Quote
Old 03-05-2023, 07:04   #2
Senior Cruiser
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: PORTUGAL
Posts: 30,919
Images: 2
pirate Re: Uk flag, no EU VAT, sell in Gibraltar?

How long have you owned it and were you in the EU VAT zone at the time of final exit of the UK on 31st Jan 2020.
If the boat was in the EU then no VAT is due to the EU..
While Gibraltar is part of the European Union, it is outside of the European Common Customs and VAT area.

VAT (sales tax) is not charged on anything in Gibraltar, additionally the import duty charged (when people import things to sell) in Gibraltar for many items is significantly lower than the UK and many other countries and there are not punitive high taxes on petrol, perfumes, tobacco, etc.
__________________

You can't oppress a people for over 75 years and have them say.. "I Love You.. ".
"It is better to die standing proud, than to live a lifetime on ones knees.."
Self defence is not an excuse for murder.
boatman61 is offline   Reply With Quote
Old 03-05-2023, 07:08   #3
Registered User

Join Date: Dec 2019
Posts: 44
Re: Uk flag, no EU VAT, sell in Gibraltar?

Thanks Boatman.

Bought in Greece post 2020. Ex charter eu vat unpaid. Reflagged to British flag. Taken out of eu vat zone within 18 months of purchase/reflagging.

Sounds like I should be fine to take it there, sell it and that be that?
colombo is offline   Reply With Quote
Old 03-05-2023, 07:29   #4
Senior Cruiser
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: PORTUGAL
Posts: 30,919
Images: 2
pirate Re: Uk flag, no EU VAT, sell in Gibraltar?

Quote:
Originally Posted by colombo View Post
Thanks Boatman.

Bought in Greece post 2020. Ex charter eu vat unpaid. Reflagged to British flag. Taken out of eu vat zone within 18 months of purchase/reflagging.

Sounds like I should be fine to take it there, sell it and that be that?
Pretty much, but you could find a Gib broker and ask for more info.. just to be certain, and save his reply..
__________________

You can't oppress a people for over 75 years and have them say.. "I Love You.. ".
"It is better to die standing proud, than to live a lifetime on ones knees.."
Self defence is not an excuse for murder.
boatman61 is offline   Reply With Quote
Old 03-05-2023, 07:35   #5
Registered User

Join Date: Dec 2019
Posts: 44
Re: Uk flag, no EU VAT, sell in Gibraltar?

Amazing, thanks again boatman. Always the man on the spot with the answers.

Thanks for all of your advice over the few years that I've had this boat
colombo is offline   Reply With Quote
Old 03-05-2023, 08:50   #6
Senior Cruiser
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: PORTUGAL
Posts: 30,919
Images: 2
pirate Re: Uk flag, no EU VAT, sell in Gibraltar?

Start here..
https://gibraltar.boatshed.com/
__________________

You can't oppress a people for over 75 years and have them say.. "I Love You.. ".
"It is better to die standing proud, than to live a lifetime on ones knees.."
Self defence is not an excuse for murder.
boatman61 is offline   Reply With Quote
Old 05-05-2023, 13:00   #7
Registered User

Join Date: Dec 2019
Posts: 44
Re: Uk flag, no EU VAT, sell in Gibraltar?

Sorry back on this.

Gibraltar. Still schengen. No need to check out of Spain?
colombo is offline   Reply With Quote
Old 05-05-2023, 15:23   #8
Senior Cruiser
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: PORTUGAL
Posts: 30,919
Images: 2
pirate Re: Uk flag, no EU VAT, sell in Gibraltar?

Nope..
__________________

You can't oppress a people for over 75 years and have them say.. "I Love You.. ".
"It is better to die standing proud, than to live a lifetime on ones knees.."
Self defence is not an excuse for murder.
boatman61 is offline   Reply With Quote
Old 06-05-2023, 00:06   #9
Registered User

Join Date: Dec 2019
Posts: 44
Re: Uk flag, no EU VAT, sell in Gibraltar?

Great. Thanks.
colombo is offline   Reply With Quote
Reply

Tags
Gibraltar


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Dutch owners, Dutch flag, live outside EU --> VAT? Lula Dollars & Cents 26 22-02-2018 11:25
VAT requirements for a South African boat, currently under Austrian flag cunningkev Rules of the Road, Regulations & Red Tape 2 24-12-2016 14:26
Change to non-EU flag, lose VAT status? hoppy Rules of the Road, Regulations & Red Tape 9 18-02-2016 18:25
Canadian flag or change to British flag on buying boat drcot3 Dollars & Cents 5 26-02-2015 11:09
Aussie Flag or US Flag on Vessel ? AllezCat Rules of the Road, Regulations & Red Tape 48 25-05-2011 05:14

Advertise Here
  Vendor Spotlight
No Threads to Display.


All times are GMT -7. The time now is 03:23.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.