PPRuNe Forums - View Single Post - When is VAT due when buying an airplane?
View Single Post
Old 16th December 2020 | 16:39
  #4 (permalink)  
md 600 driver
25 Anniversary
 
Joined: May 2001
Posts: 1,691
Likes: 3
From: Escrick York england
At the moment untill the 31st dec a private individual buys an aircraft from the eu he will pay the rate in that country

after the 31st dec the aircraft should be vat free if you bought from a eu country you may need to reclaim the vat from that eu country
but when the aircraft arrives in the uk you will need to pay uk vat on the purchase

if you bought from the rest of the world you will need to pay vat on the aircrafts entry to the uk

business purchases are different

vat paid is when the aircraft has already paid vat on entry to a eu country


md 600 driver is offline  
Reply