PPRuNe Forums - View Single Post - import your A/C VAT free
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Old 12th Dec 2005, 14:09
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IO540
 
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A number of "aircraft consultancy" outfits offer this service. One of the trust registration agents, Avcorp I believe, do the same.

It's not cheap, of course. They know that you (assuming you are NOT a VAT registered person or corporate body **) will save 17.5% so they charge you a good whack for passing the plane through the Danish ownership.

A lot of people are saying this device will be plugged soon, but a seminar I went to recently (an aviation lawyer, etc) indicated that while UK Customs really hate it, and have protested to the EU, they can't do anything about it.

** Otherwise, there is no VAT saving because you claim it back. However it may still be worth doing because a VAT-free plane is more marketable. Or the proposed usage would not qualify for a full VAT reclaim...
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