Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 19-09-2018, 05:04   #1
Registered User
 
Goodall_M1's Avatar

Join Date: Oct 2015
Location: Essex, UK
Posts: 54
Buying a boat EU VAT "not paid"

I believe that (as an EU citizen) if you buy a boat that has not had VAT paid on it, then VAT becomes liable as soon as it enters the EU.

Is the VAT levied on the original value, the purchase price, or some average price for similar vessels?

Do the the VAT levels, differ between the EU countries, i.e. is there somewhere "cheaper" to use as your first EU port of call?

Of course, being British, everything may change come next March!

(Sorry if the answer is already somewhere on the forum, I have tried searching but couldn't find an answer)
Goodall_M1 is offline   Reply With Quote
Old 19-09-2018, 06:08   #2
Freelance Delivery Skipper..
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: PORTUGAL
Posts: 24,537
Images: 2
pirate Re: Buying a boat EU VAT "not paid"

I did my 331 in Horta..
Went to the Port Office and they connected me with an inspector who came to the boat and looked over bill of sale and the boat.. decided it was fair value and billed me 15% of $60K... Dead simple.
Mind this was back in '07.
__________________


Born To Be Wild.. Click on the picture.
boatman61 is offline   Reply With Quote
Reply

Tags
boat, buying

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

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
Taxes for Buying Second Hand , VAT Not Paid , Boat in Martinique YesIsail Multihull Sailboats 65 15-03-2019 04:55
Buying a French Flagged Boat, VAT Not Paid DesertBoater Dollars & Cents 2 25-02-2017 21:36
Buying a VAT-paid boat in Greece - what legalities krissteyn Europe & Mediterranean 12 08-04-2012 07:37
UK Citizen Buying Croatian Flagged, non VAT-Paid Boat stevensuf Rules of the Road, Regulations & Red Tape 19 16-02-2011 03:25
VAT Tax Paid / Not Paid harmonytek Dollars & Cents 2 13-07-2009 15:31

Advertise Here


All times are GMT -7. The time now is 23:36.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.