In the real world of VAT, the ‘passenger’ and ‘commercial’ vessel distinction dissolves into insignificance. It sounds like a counterintuitive […]
All posts tagged: VAT
The FCE’s Journey to reality
To its detractors it is a failed experiment in legal fiat within an EU Member State, but its supporters counter […]
The Greek Smile
Hats off to Greece! They have started the year with an announcement opening the door to foreign flagged vessels wanting [...]
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NETP Charter in the UK
It doesn’t matter if you can’t say it in the lingo in the UK. NETP…Non-Established Taxable Person. Anyway, this is […]
Lessons from Amadea
It was the Isle of Man, but it could have been anywhere else when VAT registration is done with intent [...]
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How We’ve Misunderstood Returned Goods Relief for Yachts Entering the Med
The relief procedure can save yacht owners and EU Customs plenty of time, hassle, and money. Why have non-EU flagged […]
How to size up the financial risk of acting as an indirect customs representative?
Acting as an indirect customs representative for clients is a tricky business at the best of times. The role means […]
Did you say Temporary Admission?
From what the European Commission’s Customs Code Committee (CCC) told the International Business Aviation Council (IBAC) in 2014, you would […]
Why do you say Customs Duty and VAT in one breath?
Customs and VAT tend to be said in one breath, but they are in fact different taxes interacting within a […]
What is the EU Trinity of Indirect Taxation?
‘Indirect taxation’ in the European Union (EU) comprises customs duties, excise duties and VAT. These are the harmonised taxes whose […]