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Old 19-09-2018, 05:04   #1
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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)
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Old 19-09-2018, 06:08   #2
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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.

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