Im digging into this and it does seem that a number of boat makers have liasised with HMRC to get the shell VAT exempt. The next question i have is what else becomes VAT exempt on the same vessel. One school of thought is that is the buillder is VAT registered then most of whats fitted can be VAT exempt? If the builder/fit out person isnt VAT exempt, can you submit it yourelf?
We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.