Importing aircraft from US
Has anyone imported a light aircraft from the States? With the current exchange rate a/c out there are seemingly cheap as chips but.....?
Presumably there is 17.5% VAT to pay on the purchase value to Gordon when it hits our shores? Is there any way round this? If one could prove that the aircraft was bought by a business for business use, could the tax be claimed back?
What kind of export paperwork is required and is it difficult to get hold of?
Is it a costly process getting an N registered aircraft of the Uk register?
What are your thoughts?