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Forum: Multihull Sailboats 03-10-2011, 00:49
Replies: 1,057
Views: 195,208
Posted By lordgeoff
Re: Importing a Boat to Australia

Allow 25% of the purchase price in US as your Australian taxes and sail it back yourself. Also get an Australian Broker and ignore Savoir's advice, and you won't go too far wrong.
Forum: Multihull Sailboats 02-10-2011, 23:13
Replies: 1,057
Views: 195,208
Posted By lordgeoff
Re: Importing a Boat to Australia

Stink boat users are used to being separated from their cash. A 40ft yacht will take you around the world. A 40ft powerboat will get you about 3 hours from the Marina bowser but it won't get you...
Forum: Multihull Sailboats 02-01-2011, 17:36
Replies: 1,057
Views: 195,208
Posted By lordgeoff
So what boat are you getting Dragon Lady? From...

So what boat are you getting Dragon Lady? From where? Ahhh you must be on a high being so close to finalising. Love to hear any details you have of the boat. As I said on an earlier comment, I am a...
Forum: Multihull Sailboats 02-01-2011, 14:36
Replies: 1,057
Views: 195,208
Posted By lordgeoff
I know exactly what boat to get and where. Just...

I know exactly what boat to get and where. Just have to sort work, missus etc.
Forum: Multihull Sailboats 02-01-2011, 12:24
Replies: 1,057
Views: 195,208
Posted By lordgeoff
Didn't have any trouble with pirates. I think it...

Didn't have any trouble with pirates. I think it is an Urban Myth except for places like the horn etc. There were always people who knew someone whoe knew someone who heard of someones friend who who...
Forum: Multihull Sailboats 02-01-2011, 01:22
Replies: 1,057
Views: 195,208
Posted By lordgeoff
Everything you say is correct Dragon Lady. I...

Everything you say is correct Dragon Lady. I started in Med and went West. Wind at your back all the way. Gotta love those Trades. To my mind a Beneteau 50 is the best bang for bucks out of the...
Forum: Multihull Sailboats 16-12-2010, 17:15
Replies: 1,057
Views: 195,208
Posted By lordgeoff
As an example a 5 year old yacht in the Caribbean...

As an example a 5 year old yacht in the Caribbean was $200,000 4 years ago and the equivalent 5 year old yacht now is $200,000. The Australian dollars needed to buy that yacht 5 years ago was about...
Forum: Multihull Sailboats 16-12-2010, 17:06
Replies: 1,057
Views: 195,208
Posted By lordgeoff
In the Caribbean USD is the currency. Euro...

In the Caribbean USD is the currency. Euro obviously in Croatia and Europe generally. US and Euro are generally accepted though in either jurisdiction. At the time of the purchase your bank will...
Forum: Multihull Sailboats 15-12-2010, 21:31
Replies: 1,057
Views: 195,208
Posted By lordgeoff
I agree with the customs agent. Money well spent....

I agree with the customs agent. Money well spent. I sent and email from Noumea with ETA and crew and passport numbers then phoned when I got into mobile range to confirm.
Forum: Multihull Sailboats 15-12-2010, 18:06
Replies: 1,057
Views: 195,208
Posted By lordgeoff
If you are an Australian Citizen coming in with a...

If you are an Australian Citizen coming in with a boat you own, whether registered in NZ or Panama or anywhere then you will be immediately up for taxes. Hull duty and GST which is approximately 15%....
Forum: Multihull Sailboats 26-10-2010, 22:21
Replies: 1,057
Views: 195,208
Posted By lordgeoff
Wrong again Savoir. Trust me I've done it and...

Wrong again Savoir. Trust me I've done it and know it backwards. My tax was $40K:banghead:
Forum: Multihull Sailboats 26-10-2010, 21:10
Replies: 1,057
Views: 195,208
Posted By lordgeoff
Ah in Australia from day dot, GST = 10%, 10% =...

Ah in Australia from day dot, GST = 10%, 10% = GST. :banghead:
Forum: Multihull Sailboats 26-10-2010, 20:53
Replies: 1,057
Views: 195,208
Posted By lordgeoff
I think you might be wrong Savoir. As he made the...

I think you might be wrong Savoir. As he made the changes to an Australian Flag before GST I presume he fulfilled all the tax requirements of the time. This means he is free to sail his boat in and...
Forum: Multihull Sailboats 26-10-2010, 14:15
Replies: 1,057
Views: 195,208
Posted By lordgeoff
Have a read of what I put down earlier about GST...

Have a read of what I put down earlier about GST calculations. Forget the ATO. Ask the advice of a Customs Agent.
Forum: Multihull Sailboats 26-10-2010, 13:27
Replies: 1,057
Views: 195,208
Posted By lordgeoff
See the post I did later about tax valuations etc.

See the post I did later about tax valuations etc.
Forum: Multihull Sailboats 26-10-2010, 13:25
Replies: 1,057
Views: 195,208
Posted By lordgeoff
Tell me more?

Tell me more?
Forum: Multihull Sailboats 26-10-2010, 13:23
Replies: 1,057
Views: 195,208
Posted By lordgeoff
Not quite correct Savoir. The calculation of the...

Not quite correct Savoir. The calculation of the GST is the value of the Bill of Sale OR an Australian valuation demanded by Customs. Once the value of the hull is determined then the duty is 5%. The...
Forum: Multihull Sailboats 26-10-2010, 03:07
Replies: 1,057
Views: 195,208
Posted By lordgeoff
I would suggest you speak to a Customs Agent....

I would suggest you speak to a Customs Agent. Importing yachts into Australia or NZ is not complex but there are some tricky rules when it comes to calculating tax, particularly GST.
I can highly...
Forum: Multihull Sailboats 24-10-2010, 21:50
Replies: 1,057
Views: 195,208
Posted By lordgeoff
pirate Am new to this site. Not sure who gets this...

Am new to this site. Not sure who gets this reply.
Re the cost of getting a boat back.
I travelled about 12,000 NM France to Oz in westerly direction. I used the engine for about 1200 hours at a...
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