Originally Posted by
md 600 driver
For permanent imports If you was to be importing from the EU to Uk you would not be paying VAT, just like purchases from non EU country’s now ,but you would have to pay UK vat on import to Uk
But if the Uk decides on having some sort of customs union it maybe business as usual
For new aircraft, I agree. But what about second hand aircraft? In this case, the VAT would have been paid in the EU. If it's then bought and imported, is VAT due? It would be, AIUI if it was coming from the US - so presumably it will be from the EU if we leave the common VAT area. In that case, the effect will be to raise aircraft prices in the UK.
Paul