You might be interested to know (then again you might not), that the EU Commission has orederd the UK to change the law on VAT relating to aircraft.
Aircraft over 8000kg,s have, up to now been zero rated (with the odd exception) but the weight limit had no basis in European VAT law.
EU law says that aircraft can only be VAT free (exempt) if the are operated by airlines chiefly on international routes.
Is this the end of VAT free biz jets
Law must be changed within 2 months of June 25th 2009 (so from Aug 25th).
OUCH