StickandRudder man keep your opinion of paying VAT to yourself. A lot of people in this forum work very hard towards having their dream of owning a light aircraft. We are ALL taxed up to the eyeballs as it is, so if someone can avoid paying VAT on his dreammachine best of luck to him/her.
Back to the point.....i've looked into this with some specialist accountants and found the best route was the Denmark 'zero vat' process. It might seem a bit dodgy but I know people that have imported Cessna Citations on this basis, can you imagine 17.5% of $5-$6m!!