There are huge advantages of buying a new boat in the UK and taking your boat to the EU
For boating folk, Brexit has added a key benefit when purchasing your boat in the UK and taking it to the EU, including BUYING YOUR BOAT VAT FREE when you export it on a Temporary Admissions basis. This allows the boat to stay in EU waters for up to 18 months without paying VAT.
Key benefits:
1. Buy your boat VAT FREE
Purchasing your boat VAT free from Sea Ventures and then exporting it to the EU on a Temporary Admission basis enables you to make large tax savings compared to boats bought and registered within the EU.
2. 18 months Freedom plus more if you venture further
Temporary Admission provides you with 18 months cruising in EU waters without paying VAT, BUT if you venture to a non-EU destination ( e.g Turkey) you can re-apply to refresh your 18 months timeframe.
3. A simpler purchasing experience
Buying VAT free on a TA basis enables you to take advantage of a more stream-lined process for exporting to the EU.
4. Your boat will have more resale value and an enhanced value!
You’ll have access to both the EU and UK markets when you decide to sell your boat so TA can enhance your boat’s value.
Sea Ventures can guide you through the process and provide expert help and guidance on TA.
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