Welcome to myHanse.com the forum for Hanse Yachts owners throughout the world. | |
Brexit Law |
Post Reply | Page 12> |
Author | |
D0bbies
Captain Joined: 05 August 2014 Location: Falmouth, UK Status: Offline Points: 247 |
Post Options
Thanks(0)
Posted: 07 January 2021 at 07:58 |
Hi all, Will UK boats considering a long term / permanent stay in a European port now be expected to pay import duty? Is there anyone on the forum that already has a UK registered boat in European waters, i.e. France/Spain with any info? Cheers Bob
|
|
2005 312, Tiller, Engine 2GM20, SD20 Saildrive. Facnor SD 130 Furler.
|
|
S&J
Admiral Joined: 30 August 2014 Location: Perth WA / Med Status: Offline Points: 1180 |
Post Options
Thanks(1)
|
As far as I know there is no import duty, even for a new boat.
Non-EU VAT paid vessels (which now includes any vessel in the UK on 31/12/2020) need to obtain a TA (Temporary Import) which lasts for 18 months. This can be "reset" by exiting EU waters for as little as 24 hours. This allows the vessel to be kept in EU waters without being subject to additional VAT. I understand (but have no personal experience) that it is possible to extend the 18 month window when the boat is ashore (for the winter?) but only by 6 months. Note that if you remain out of the UK for more than 3 years, you will need to pay UK VAT (again) on your return. Individual EU countries have some different tax laws relating to boat ownership for residents, so a Spanish resident has to pay a wealth tax (once) which is a percentage of the boat value. There may be other countries with similar requirements. As a UK resident you will not be subject to this. Perhaps the greater complication are the Schengen 90 day limits. Tourists are only allowed a visa/entry permit for 90 days within a six month period. The best way to think of this is a "backwards" count of days within Schengen from today. When that count reaches 90 within a six month period from the current date, you have to leave. There are several online and smartphone calculators to assist with this. It is now imperative that you check in AND OUT of EU correctly (to get date stamps in your passport) to avoid getting caught by this. In late 2022 the whole process is being computerised with an EU wide system so breaches will be easier to track. Some countries will allow visa extensions beyond the 90 Schengen days, however these are usually complex. They often have to be applied for before you leave your country of residence and can only be used AFTER you have used the initial 90 days. As they are limited to a single country this can cause complications if you need to transit overland through other Schengen countries to return to your country of residence. There is no doubt that for UK yachties, sailing in Europe has just become much more complex. Things are marginally easier for EU yachties coming to UK as they get 180 days in every 365 which should be long enough for most summer cruises.
|
|
H458 #159 Primal Mediterranean cruising
|
|
D0bbies
Captain Joined: 05 August 2014 Location: Falmouth, UK Status: Offline Points: 247 |
Post Options
Thanks(0)
|
Thank you so much for taking the time to write such a detailed and comprehensive message. Much appreciated Bob
|
|
2005 312, Tiller, Engine 2GM20, SD20 Saildrive. Facnor SD 130 Furler.
|
|
Martin&Rene
Vice Admiral Joined: 06 December 2009 Location: United Kingdom Status: Offline Points: 833 |
Post Options
Thanks(0)
|
There was a very comprehensive review of this subject in the Jan 2014 Yachting Monthly magazine.
|
|
Martin&Rene Hanse 341 Dipper Wheel steering, 3 cabin layout, normally based in Scotland
|
|
350Bob
Captain Joined: 24 August 2015 Location: Greece Status: Offline Points: 184 |
Post Options
Thanks(0)
|
Also much research has been done on this subject by the Cruising Association, they held a webinar on the whole topic of Brexit in December. A video of the webinar is available to non members here: https://www.theca.org.uk/news/rats/brexit_webinar_video.
Bob
|
|
H350 #205
|
|
colinc
Captain Joined: 08 May 2019 Location: UK Status: Offline Points: 169 |
Post Options
Thanks(0)
|
Good description from S&J. One thing to add is that for VAT the flag of the boat does not matter. So you can have a UK flagged boat sailing VAT paid in the EU. So, for example, if you buy a UK flagged boat that has been in the EU from before this year, and it is "VAT paid", then it can stay as long as it likes in EU waters. It does have to pay if brought back to the UK. Another thing UK residents could do is buy a boat in the EU "for export" and so VAT free. You don't pay VAT unless you stay too long in EU waters without resetting the clock. That can be extended for years. US and Australians, for example, have been able to do that for years and so I assume this is now open to UK.
Edited by colinc - 07 January 2021 at 15:58 |
|
Fendant
Admiral Joined: 03 November 2012 Location: Switzerland Status: Offline Points: 1617 |
Post Options
Thanks(0)
|
Colin,
you are correct. I am sometimes crewing as Officer on a larger MY under Jersey flag. In October we were in Tunisia for topping up the fuel tanks and then back to Italy. You have to custom document your leave, proof that you were in a non EU harbour ( Passport stamp / Fuel receipt / ..... ) and you have to clear EU customs at reentry. I assume that this procedure will be applicable now for UK registered yachts. It was the choice of a non yachting majority Good Luck |
|
Frank
|
|
colinc
Captain Joined: 08 May 2019 Location: UK Status: Offline Points: 169 |
Post Options
Thanks(0)
|
Well there you are. 20% off the price of a new boat anyone? The first real benefit for UK residents from Brexit ;-)
|
|
samuel
Admiral of the Fleet Joined: 26 December 2004 Location: United Kingdom Status: Offline Points: 2683 |
Post Options
Thanks(0)
|
Whilst not wishing to make this into a forum rule breaking comment, one does have to wonder if it has occurred to you that a large proportion of the yachting fraternity MAY have put their cross against YES as well? I did |
|
Daydream Believer- Hanse 311- No GBR9917T- Bradwell Essex
|
|
colinc
Captain Joined: 08 May 2019 Location: UK Status: Offline Points: 169 |
Post Options
Thanks(0)
|
Samuel, 1. I think "non yachting majority" means motor yachts. 2. Note my ;-) indicating ironic comment. I am a full remoaner but wouldn't dream of having a Brexit debate here.
|
|
Post Reply | Page 12> |
Tweet |
Forum Jump | Forum Permissions You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum |
Links : www.hanseyachts.co.uk www.hanseyachts.com www.fjordboats.co.uk www.dehler.co.uk www.varianta.co.uk |