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External
Since: Nov 23, 2006
Posts: 6
|
(Msg. 1) Posted: Thu Nov 23, 2006 6:19 pm
Post subject: VAT on imported boats
Archived from groups: uk>rec>boats>motor (more info?)
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Folks,
I live in the UK, but I have a brother who has built a 38ft steel yacht in
South Africa. He is getting a bit too old to manage it now, and I would
like to buy it. Can anybody tell me how VAT is calculated? The thing is,
boats out there sell for less than a quarter of what you would pay here, so
is VAT calculated on the purchase price, or is an arbitrary price arrived at
by somebody (custome?), and VAT charged on that?
Many thanks,
MikeC.
--
Mental decryption required to bamboozle spam robots:
mike_best$ntlworld*com
$ = @
* = dot |
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External
Since: Nov 23, 2006
Posts: 6
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(Msg. 2) Posted: Thu Nov 23, 2006 6:19 pm
Post subject: VAT on imported boats
Archived from groups: per prev. post (more info?)
|
|
|
Folks,
I live in the UK, but I have a brother who has built a 38ft steel yacht in
South Africa. He is getting a bit too old to manage it now, and I would
like to buy it. Can anybody tell me how VAT is calculated? The thing is,
boats out there sell for less than a quarter of what you would pay here, so
is VAT calculated on the purchase price, or is an arbitrary price arrived at
by somebody (custome?), and VAT charged on that?
Many thanks,
MikeC.
--
Mental decryption required to bamboozle spam robots:
mike_best$ntlworld*com
$ = @
* = dot |
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| Back to top |
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External
Since: Nov 23, 2006
Posts: 6
|
(Msg. 3) Posted: Thu Nov 23, 2006 6:19 pm
Post subject: VAT on imported boats
Archived from groups: per prev. post (more info?)
|
|
|
Folks,
I live in the UK, but I have a brother who has built a 38ft steel yacht in
South Africa. He is getting a bit too old to manage it now, and I would
like to buy it. Can anybody tell me how VAT is calculated? The thing is,
boats out there sell for less than a quarter of what you would pay here, so
is VAT calculated on the purchase price, or is an arbitrary price arrived at
by somebody (custome?), and VAT charged on that?
Many thanks,
MikeC.
--
Mental decryption required to bamboozle spam robots:
mike_best$ntlworld*com
$ = @
* = dot >> Stay informed about: VAT on imported boats |
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| Back to top |
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External
Since: Feb 16, 2006
Posts: 32
|
(Msg. 4) Posted: Thu Nov 23, 2006 8:26 pm
Post subject: Re: VAT on imported boats [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
|
|
|
Ask on Uk.rec.sailing. This crops up quiet regularly there.
I think you make your first landfall somewhere in the EEC with a low vat
rate and accommodating officials. You pay VAT at their rate and at their
valuation. I think the Azores was mentioned.
--
Tony Brooks
www.TB-Training.co.uk
Maintenance & Electrical training for ordinary boaters
"MikeC" <My_address.RemoveThis@end.of.post> wrote in message
news:DCl9h.8046$d4.1849@newsfe4-win.ntli.net...
> Folks,
>
> I live in the UK, but I have a brother who has built a 38ft steel yacht in
> South Africa. He is getting a bit too old to manage it now, and I would
> like to buy it. Can anybody tell me how VAT is calculated? The thing is,
> boats out there sell for less than a quarter of what you would pay here,
> so is VAT calculated on the purchase price, or is an arbitrary price
> arrived at by somebody (custome?), and VAT charged on that?
>
> Many thanks,
>
> MikeC.
>
> --
> Mental decryption required to bamboozle spam robots:
>
> mike_best$ntlworld*com
> $ = @
> * = dot
>
> >> Stay informed about: VAT on imported boats |
|
| Back to top |
|
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External
Since: Feb 16, 2006
Posts: 32
|
(Msg. 5) Posted: Thu Nov 23, 2006 8:26 pm
Post subject: Re: VAT on imported boats [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
|
|
|
Ask on Uk.rec.sailing. This crops up quiet regularly there.
I think you make your first landfall somewhere in the EEC with a low vat
rate and accommodating officials. You pay VAT at their rate and at their
valuation. I think the Azores was mentioned.
--
Tony Brooks
www.TB-Training.co.uk
Maintenance & Electrical training for ordinary boaters
"MikeC" <My_address.DeleteThis@end.of.post> wrote in message
news:DCl9h.8046$d4.1849@newsfe4-win.ntli.net...
> Folks,
>
> I live in the UK, but I have a brother who has built a 38ft steel yacht in
> South Africa. He is getting a bit too old to manage it now, and I would
> like to buy it. Can anybody tell me how VAT is calculated? The thing is,
> boats out there sell for less than a quarter of what you would pay here,
> so is VAT calculated on the purchase price, or is an arbitrary price
> arrived at by somebody (custome?), and VAT charged on that?
>
> Many thanks,
>
> MikeC.
>
> --
> Mental decryption required to bamboozle spam robots:
>
> mike_best$ntlworld*com
> $ = @
> * = dot
>
> >> Stay informed about: VAT on imported boats |
|
| Back to top |
|
| |
External
Since: Feb 16, 2006
Posts: 32
|
(Msg. 6) Posted: Thu Nov 23, 2006 8:26 pm
Post subject: Re: VAT on imported boats [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
|
|
|
Ask on Uk.rec.sailing. This crops up quiet regularly there.
I think you make your first landfall somewhere in the EEC with a low vat
rate and accommodating officials. You pay VAT at their rate and at their
valuation. I think the Azores was mentioned.
--
Tony Brooks
www.TB-Training.co.uk
Maintenance & Electrical training for ordinary boaters
"MikeC" <My_address RemoveThis @end.of.post> wrote in message
news:DCl9h.8046$d4.1849@newsfe4-win.ntli.net...
> Folks,
>
> I live in the UK, but I have a brother who has built a 38ft steel yacht in
> South Africa. He is getting a bit too old to manage it now, and I would
> like to buy it. Can anybody tell me how VAT is calculated? The thing is,
> boats out there sell for less than a quarter of what you would pay here,
> so is VAT calculated on the purchase price, or is an arbitrary price
> arrived at by somebody (custome?), and VAT charged on that?
>
> Many thanks,
>
> MikeC.
>
> --
> Mental decryption required to bamboozle spam robots:
>
> mike_best$ntlworld*com
> $ = @
> * = dot
>
> >> Stay informed about: VAT on imported boats |
|
| Back to top |
|
| |
External
Since: Nov 23, 2006
Posts: 6
|
(Msg. 7) Posted: Fri Nov 24, 2006 3:08 pm
Post subject: Re: VAT on imported boats [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
|
|
|
Thanks very much, Tony. That could prove to be very useful. I'll try the
group you mentioned.
Best regards,
MikeC.
"Tony Brooks" <tony.RemoveThis@tb-training.co.uk> wrote in message
news:Vu6dne3XfqH7n_vYnZ2dnUVZ8s6dnZ2d@bt.com...
> Ask on Uk.rec.sailing. This crops up quiet regularly there.
>
> I think you make your first landfall somewhere in the EEC with a low vat
> rate and accommodating officials. You pay VAT at their rate and at their
> valuation. I think the Azores was mentioned.
>
>
> --
> Tony Brooks
> www.TB-Training.co.uk
>
> Maintenance & Electrical training for ordinary boaters
>
>
> "MikeC" <My_address.RemoveThis@end.of.post> wrote in message
> news:DCl9h.8046$d4.1849@newsfe4-win.ntli.net...
>> Folks,
>>
>> I live in the UK, but I have a brother who has built a 38ft steel yacht
>> in South Africa. He is getting a bit too old to manage it now, and I
>> would like to buy it. Can anybody tell me how VAT is calculated? The
>> thing is, boats out there sell for less than a quarter of what you would
>> pay here, so is VAT calculated on the purchase price, or is an arbitrary
>> price arrived at by somebody (custome?), and VAT charged on that?
>>
>> Many thanks,
>>
>> MikeC.
>>
>> --
>> Mental decryption required to bamboozle spam robots:
>>
>> mike_best$ntlworld*com
>> $ = @
>> * = dot
>>
>>
>
> >> Stay informed about: VAT on imported boats |
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| Back to top |
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External
Since: Nov 23, 2006
Posts: 6
|
(Msg. 8) Posted: Fri Nov 24, 2006 3:08 pm
Post subject: Re: VAT on imported boats [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
|
|
|
Thanks very much, Tony. That could prove to be very useful. I'll try the
group you mentioned.
Best regards,
MikeC.
"Tony Brooks" <tony.TakeThisOut@tb-training.co.uk> wrote in message
news:Vu6dne3XfqH7n_vYnZ2dnUVZ8s6dnZ2d@bt.com...
> Ask on Uk.rec.sailing. This crops up quiet regularly there.
>
> I think you make your first landfall somewhere in the EEC with a low vat
> rate and accommodating officials. You pay VAT at their rate and at their
> valuation. I think the Azores was mentioned.
>
>
> --
> Tony Brooks
> www.TB-Training.co.uk
>
> Maintenance & Electrical training for ordinary boaters
>
>
> "MikeC" <My_address.TakeThisOut@end.of.post> wrote in message
> news:DCl9h.8046$d4.1849@newsfe4-win.ntli.net...
>> Folks,
>>
>> I live in the UK, but I have a brother who has built a 38ft steel yacht
>> in South Africa. He is getting a bit too old to manage it now, and I
>> would like to buy it. Can anybody tell me how VAT is calculated? The
>> thing is, boats out there sell for less than a quarter of what you would
>> pay here, so is VAT calculated on the purchase price, or is an arbitrary
>> price arrived at by somebody (custome?), and VAT charged on that?
>>
>> Many thanks,
>>
>> MikeC.
>>
>> --
>> Mental decryption required to bamboozle spam robots:
>>
>> mike_best$ntlworld*com
>> $ = @
>> * = dot
>>
>>
>
> >> Stay informed about: VAT on imported boats |
|
| Back to top |
|
| |
External
Since: Nov 23, 2006
Posts: 6
|
(Msg. 9) Posted: Fri Nov 24, 2006 3:08 pm
Post subject: Re: VAT on imported boats [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
|
|
|
Thanks very much, Tony. That could prove to be very useful. I'll try the
group you mentioned.
Best regards,
MikeC.
"Tony Brooks" <tony.TakeThisOut@tb-training.co.uk> wrote in message
news:Vu6dne3XfqH7n_vYnZ2dnUVZ8s6dnZ2d@bt.com...
> Ask on Uk.rec.sailing. This crops up quiet regularly there.
>
> I think you make your first landfall somewhere in the EEC with a low vat
> rate and accommodating officials. You pay VAT at their rate and at their
> valuation. I think the Azores was mentioned.
>
>
> --
> Tony Brooks
> www.TB-Training.co.uk
>
> Maintenance & Electrical training for ordinary boaters
>
>
> "MikeC" <My_address.TakeThisOut@end.of.post> wrote in message
> news:DCl9h.8046$d4.1849@newsfe4-win.ntli.net...
>> Folks,
>>
>> I live in the UK, but I have a brother who has built a 38ft steel yacht
>> in South Africa. He is getting a bit too old to manage it now, and I
>> would like to buy it. Can anybody tell me how VAT is calculated? The
>> thing is, boats out there sell for less than a quarter of what you would
>> pay here, so is VAT calculated on the purchase price, or is an arbitrary
>> price arrived at by somebody (custome?), and VAT charged on that?
>>
>> Many thanks,
>>
>> MikeC.
>>
>> --
>> Mental decryption required to bamboozle spam robots:
>>
>> mike_best$ntlworld*com
>> $ = @
>> * = dot
>>
>>
>
> >> Stay informed about: VAT on imported boats |
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