Monday 8 September 08 - 06:41
 

News

Help wanted on proving VAT paid on secondhand boats

The sticky problem of proving VAT has been paid on secondhand boats is hotting up. If you - or anyone you know - has had a problem with this, the British Marine Federation (BMF) wants to know.

After three years of "extensive discussions" with HMRC (formerly Customs and Excise), the problem - which can (and does) affect many owners - has reached the European Commission's VAT Administrative Committee.

The HMRC has asked the BMF to help it by gathering evidence that will enable it to push for an EC protocol of what should occur in the absence of a VAT certificate.

If you have any documented examples of individuals being placed in a difficult situation because of an inability to prove that VAT has been paid on their boat and/or the impact that the lack of VAT documentation has had on the UK secondhand boat market, you can help the cause by emailing the evidence to njohn@britishmarine.co.uk or aprice@britishmarine.co.uk

Kids go Free !