Subsea
regular
Reged: 17/10/2007
Posts: 12
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Hi,
When you see a price for a boat thats for sale and it says excl. tax I'm assuming that this means that the VAT has not been paid on that boat.
Am I then correct to assume that the boat is in fact illegal in EU waters?
It's almost like it a suit yourself thing - pay it if you want but if you don't think anyones going to check up on you don't bother!
Has anyone had any difficulty selling a boat that isn't VAT paid due to its illegal status? or do they tend to leave it for the first 18 months which i think your are allowed befroe VAT is paid - I guess this maybe why most never get paid!
Similarly with CE mark - don't see that mentioned hardly anywhere although it is a requirment for foreign boats operating in EU waters.
Thanks
Jeff
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Magnum
regular
Reged: 14/01/2004
Posts: 1590
Loc: CH
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Commercial vessels, eg for chartering purposes, are generally non VAT paid. Nothing illegal about that.
Boats sold to non-EU nationals can enter EU waters for 18 months without paying VAT.
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