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Old 08-12-2019, 15:18   #1
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VAT paid ??

Hi guys.
Iím sure this question would of already been asked and answered previously but I will ask again anyway.

If I bought a boat in letís say Spain and the vat was paid and I was leaving the med. can I claim that vat back and if so is it straight away?

The reason for my question is I have found what looks like the perfect boat for us and the vat is paid. Itís slightly over our budget but with the tax back it becomes below our budget.

The boat will be de registered and re registered as an Australian vessel

Thanks in advance.
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Old 08-12-2019, 15:23   #2
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Re: VAT paid ??

Nah, sorry no one in the EU is going to give back VAT after it has been paid, its a nice little earner at 20%.

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Old 08-12-2019, 15:25   #3
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Re: VAT paid ??

can't help about the EU VAT (although i think you can), however if you are planing to bring the boat into Australia, don't forget to factor in Aussie GST and import duty

nb : import duty won't apply to an Oz or NZ built boat, but GST still will

cheers,
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Old 08-12-2019, 15:28   #4
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Re: VAT paid ??

It actually appers to be very specifically excluded from VAT refund possibility:

"Goods you cannot get a refund for

You cannot get a VAT refund for:

mail order goods, including internet sales, delivered outside of the UK
goods you’ve already used in the EU, such as perfume
service charges, such as hotel bills
new or used cars
goods worth more than £600 exported for business purposes
goods to be exported as freight
goods that need an export licence (except antiques)
unmounted gemstones
gold over 125g, 2.75 troy ounces or 10 tolas
a boat you plan to sail to a destination outside the EU
...."
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Old 08-12-2019, 16:30   #5
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Re: VAT paid ??

Ok. Thanks guys.
Cheeky Europeans.. there not bad are they 🤣🤣

To be clear though if you buy a boat with tax not paid and you are taking out of the eu you are tax exempt ?
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Old 08-12-2019, 16:47   #6
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Re: VAT paid ??

That’s the general idea, as long as you’re not from the eu. Make sure the paperwork is right, and follow the rules, but the general idea is that a foreigner can buy a non-tax-paid boat and clear off without having to pay vat.

“Tax exempt” is possibly an over optimistic term. Think of it as not currently having to pay the VAT. If circumstances change you or someone else may have to in the future...
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Old 08-12-2019, 19:52   #7
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Re: VAT paid ??

Thanks for the info guys.
Guess I will just have to negotiate a little harder 😬😬
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