Originally Posted by simonpickard
I'm not, I'm living in Australia currently so for tax purposes I'm non UK resident.
In an ideal world the HMRC would know that (not everyone tells them when they leave!), but in the absence of having anything from them that shows you are not a UK (EU) tax resident then having docs with you to prove you are an Australian Resident and
a Tax payer will be useful on your later EU travels (likely you will using your UK passport to save personal Visa hassles - so foreigner customs
likely will be interested to make sure you really are a Non EU person, not just a UK resident taking the piss!).
Me would save the VAT on purchase (that's on a new yacht, on a s/h boat (new to you!) can't get it back
) and use the 18 month rule
for the boat. For the boat reg / flag I would go for Australia at home address (Aussie taxes
only payable upon import on current
(by then s/h!) value).....an Aussie boat from day 1 owned by an Aussie = a simple story (officialdom like simple to understand!).
Will need to agree with the builder
beforehand that they are ok with selling to you VAT free (could be that the money
comes back to you later, could be that you simply don't pay it - me can't remember!). May even be that the boat needs to leave the EU upon sale
(for a little while / for the paperwork).....but there are bits of non-eu around in Europe
, some even enroute to the Med! (but no idea if that will be neccessary - builder
should know as likely will have sold for export from EU before, they just need to be damned sure you are not pulling a fast one as it will be their ass in a sling as well as yours!).
What are you buying