bargemast
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Posts posted by bargemast
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11 minutes ago, Mike the Boilerman said:
Couple of points.
As a vat registered business myself I am required to charge vat at the correct rate on my supplies. If I slip up and charge 0% when I should have charged 20% no-one notices until I have a vat inspection. If I have a 'mistake' revealed I have to pay the missing vat to HMRC immediately but I am also able to pursue my customer for the missing vat and sue them if necessary to collect it. And I would win.
So my advice is forget about getting qualified people to calculate the tonnage, employ a solicitor to draft an indemnity contract where the builder indemnifies you for any vat recalculation, should it happen. And make sure you are confident the builder will not be going bust in a year, which leads to the second point
Second point is check with solicitor if hmrc are entitled to collect the vat directly from you if the company goes under, and they assess vat at 20% is payable on your boat.
The sums are large enough for hmrc to follow up and collect, if/when they uncover this new scam.
That's why I wrote in post 116 (how nice we can quote post numbers again) : "unless HMRC is willing to supply you with a paper proof that they're happy for this boat to be VAT zero-rated".
Peter.
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6 minutes ago, Alan de Enfield said:
Out of interest - applying the formula to the 9' widebeam advertised above :
Length 60' (18.29m)
Beam 9' (2.74m)
Gunnel 4' (1.22m) = 9.78 tonnes
Gunnel 5' (1.52m) = 12.18 tonnes.
Ask them to provide their calculations for your perusal.
To get the required 15 Tonnes the 9' wide x 60' long boat has to have a gunnel height of minimum 1.87 m
That wouldn't be a pretty looking boat, would it ?
Peter.
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For a 60' x 12' boat the minimum gunnel height to arrive at the 15 Tonnes would have to be 1.405 m, which looks still quite reasonable if the boat would have a 2' draft.
Peter.
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1 hour ago, Alan de Enfield said:
See inserts.
But when the company has 'folded' in a couple of years time ???????????
I have to agree with you for 100% Alan, as that will always be a big risk factor, unless HMRC is willing to supply you with a paper proof that they're happy for this boat to be VAT zero-rated.
Without being over-pessimistic, I can't see that happening in a hurry.
Peter
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7 minutes ago, Alan de Enfield said:
Then when you buy it :
1) Ensure the invoice shows that you have paid VAT at the ZERO rate.
2) Get a letter from them (signed by a company director) stating that HMRC have agreed that that size / design of boat is VAT Zero rated.
3) Ensure the T&Cs of your contract do not include any liability by the purchaser should HMRC later decide that it does not comply.
I have 'no dog in the fight' and it is your money - I would however strongly suggest that you get a 'qualified person' to work out the boats 'tonnage' using the dimensions provided by the maker - it may cost £500 but it may save you forking out
£10,000£20,000in the future.But - as has been said before, it is not VAT EXEMPT, if they cannot even get the terminology correct, what chance of understanding the legislation or even measuring the boat correctly.
It is very clear as has been explained in several previous postings that a boat with these dimensions won't reach the required number to be entitled to be sold with the zero-rated VAT.
But if the builders are prepared to sign a paper in which they state that they'll pay the VAT in case it will have to be paid anyway, then that shouldn't be a problem for the buyers of their boats, but I can't see them willing to do that.
Peter.
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They do say it in their publicity, if they're prepared to sign a paper for you stating that they will pay the VAT in case of problems with the VAT folks, you're alright.
Brand New Pioneer 60' x 9'
In Stock Now
£104,950 Ex VAT*
- *VAT Exemptions for liveaboards, Call for more details.
- Fully Fitted Pioneer 60' x 9'
- Canaline 60
- 95kgf Bow thruster
- EuroCruiser Stern with Seating & Tiller
- Bow Pram Cover
- Stern Pram Cover
- Cashmere White Granite Work Tops
- Cream Panels on Walls & Ceiling
- Fitted Washer Dryer
- High Specification/Extras List
- Available to view at Wincham Wharf
Peter.
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9 hours ago, Alan de Enfield said:
That's OK when using smokeless fuel - but woe-betide you when you use wood.
As long as there's no smoke outside and the neighbours are happy, the rest isn't all that important.
If you remove the batteries from your smoke alarm, you can have a real long sleep without being disturbed by alarming beeps
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Peter.
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6 hours ago, Vicky said:
The Rayburn which runs the heating? I don't think it's actually fitted, just sitting there. There is no chimney and you can see the unconnected water pipes sticking out the side.
On the latest types of Rayburn the chimney comes out inside the boat, this is done to please the neighbours in the houses, to have (outside) smoke free boats moored in front
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Peter.
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11 hours ago, Mike the Boilerman said:
Also on Rightmove...
http://www.rightmove.co.uk/property-for-sale/property-67192118.html
£100k sounds almost good value!!!!!!!
I like the description, 65Hp Volvo engine, and ....automatic gearbox.
Peter.
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I can only add: "Good luck to you".
Peter.
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Good job Crow, now all that's left to be done is : "Go cruising, and enjoy all the work you've done on her".
Peter.
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I hope for you that the impellor is still willing to change shape, as after such a long standstill it would be a good idea to change this item to stand a better chance for a trouble free cruise.
Draining the carburettor of the old petrole doesn't do any harm either, and with fresh petrol (and a new impellor ?) you shouldn't have too much trouble getting the engine to run again.
Peter.
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2 minutes ago, nicknorman said:
See screenshot from PRM150 manual:
Hello Nick, another slight misunderstanding, I didn't say that your PRM 150 wasn't supposed to turn in both directions, but only Jennies PRM 120, and that only the later and bigger boxes were good to do that, yours included, but my writing must have come over as confusing.
Sorry for the trouble I've caused you to have to find your gearbox documentation, I've got most of that information here too (somewhere) of Lancing.
Peter.
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6 minutes ago, blackrose said:
Someone may already have mentioned this, but any boat being sold that's less than 5 years old should come with a full RCD declaration of conformity.
That's a very important point Mike, good you came up with it.
Peter.
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3 minutes ago, nicknorman said:
I think the ubiquitous PRM150 can be used either way, but if your 120 manual says that, then certainly best to stick with an RH prop
Nick, I think that only the later (and bigger ?) types of PRM can turn in both directions.
On my twin engined boat I have 2 exactly the same PRM boxes of which one is turning in reverse to go forward, which is perfectly alright for them.
Peter.
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5 minutes ago, mad dog n' Englishman said:
I guess, with cash in hand you may be more comfortable buying from a known broker. I would feel a little uneasy handing over £70k to a private buyer, as at three years old it could still have finance owing on it. Only my suspicious nature but you really need to make all possible enquiries.
Hello Jo Cocker and Leon Russell, or just simply mad dog n' Englisman, you quoted me with something I didn't say, no problem for the rest, it only wasn't me.
Also you wouldn't hand over £70k to a private buyer, as you'll have to give it to a private seller, slight difference, but I see clearly what you mean.
Of course before handing over any money, some serious checking has to be done, there are still (some) honest people in this world, but they're getting rare, and it isn't easy either to find out who is, and who isn't, one can't be careful enough.
Peter.
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7 minutes ago, Peppers said:
Oh well I'll certainly try that! I'm a cash buyer in a very flexible position so I'm pretty happy to call myself King! I'll take a look at Rugby Boat Sales also
I've been to see it already and it seems like a nice boat. Open layout, plenty of opportunity to put our own mark on it - but I'm a bit like someone who says I only like black cars - it's my technical knowledge that fails me - I don't know what toilet or inverter etc etc we should be going for, and while we have some money to paint it and put bits in like a hob, I just don't want to buy a dud.
Rugby boat sales is supposed to not be as good anymore as in the Dominic days, but probably still worth a try.
The boat of the link doesn't look bad, OK it's made by a budget builder but it's there and ready to start doing to her what you want to adapt her to your own wishes and taste.
She's only 3 years old, and only 1200 engine hours, you can of course always try your luck with a cash offer, which many sellers are very interested in.
Questions about topilets are imo a waste of time here, as there are some people that only want cassette toilets, others that only want pump-outs and then there are the increasingly popular composting toilets too, it's all a very personal choice, but shouldn't be the reason why you buy or not buy, as it's not too difficult to change from one to another.
You can also find on the forum that people that only wanted a cassette toilet, found a boat that thicked almost all the boxes for them apart from the toilet system that they were definitely going to change, and live happily since 5 years or more with exactly the same toilet, and wouldn't want to change for anything else now.
Good luck with your search,
Peter.
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1 hour ago, Chewbacka said:
I think you are very right to be concerned, as you seem to be using oil at the rate of about 1 Litre per hour, almost as fast as you are burning diesel............
That's another very good remark from our friend bizzard, something that's often completely forgotten, and even more if this breather pipe isn't easily accessible.
It's far from an easy- or nice job to do if the heat-exchanger has to come off, as long as no bolts snap off it will be a nice job for Mark the mechanic.
Don't leave with the boat until you're happy with it, and assured that it will give you good service, it's easier done now with this mechanic around than somewhere in the middle (or outskirts) of nowhere after you've broken down, if that would be because of a lack of oil, it will be very expensive to repair (complete engine overhaul).
Good luck,
Peter.
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22 minutes ago, Athy said:
One rarely sees boats with those curved guards - which I know as "bridge bars" but that may not be the right term - these days. I wonder why not.
I've always heared of the term "Bridge bars" too.
Lots of hire boaters remembered them at least for several weeks after having hired one for the headaches they caused them, hitting hard when getting off the boat in a hurry without paying enough attention, quite usual for inexperienced hire boaters.
Peter.
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23 minutes ago, NickF said:
Like these!
Yes Nick, those are the famous boats, thanks for the photo btw, I've always liked their bows that are so much different than all the others.
Peter
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17 minutes ago, Athy said:
Yes, it was clear, thanks. It's because of that bow shape that I think of them as "banana boats".
OK, and some of them even had BANANA engines too
Peter.
17 minutes ago, Athy said: -
53 minutes ago, Athy said:
I can see what he means: it looks like a Harborough Marine, until you see a Harborough Marine, whose "banana" bow is even more impressive.
The Harborough Marine Bows were known as "Window Breakers" or "Window-Smashers", due to their shape, which probably wasn't clear enough in my previous posting.
Peter.
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3 hours ago, mark99 said:
Sort of looks like a Harborough Marine boat. Not saying it is but similar.
Sorry to say, I don't see any similarity between them, to start with already completely different bows (Window breakers)
Peter.
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11 hours ago, sueb said:
When our boat was spray foamed I put the trimmings on a bonfire. The flames immediately kept 6' in the air.
Nice one, as if the air isn't polluted enough already, it's supposed to be very poisonous too.
Peter.
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Controversial widebeam continuous cruiser
in New to Boating?
Posted
It would indeed be interesting to know if they are allowed to calculate to the top of the boat (roof-height) instead of gunnel height.
Peter.