Advantages of passing to IoM register for private business aircraft
Thread Starter
Advantages of passing to IoM register for private business aircraft
Hello,
I'm flying a private jet for a group of companies, all under the same holding company. All flights (no exceptions) are business flights for the group. The aircraft is owned by a company within the group, who bill the client companies for the services. We fly on a JAR private registration, to private regulations, and so pay VAT on fuel.
If we pass to IoM register, what will be the advantges to us?
Am I right in thinking that we will be able to uplift fuel without the VAT?
I'm flying a private jet for a group of companies, all under the same holding company. All flights (no exceptions) are business flights for the group. The aircraft is owned by a company within the group, who bill the client companies for the services. We fly on a JAR private registration, to private regulations, and so pay VAT on fuel.
If we pass to IoM register, what will be the advantges to us?
Am I right in thinking that we will be able to uplift fuel without the VAT?
No, you're not right I'm afraid...
Used to be the case but more and more countries are not accepting the 'Certificate of Commercial Use'. Some fuellers still accept it but the pool is getting smaller by the day.
OB
Used to be the case but more and more countries are not accepting the 'Certificate of Commercial Use'. Some fuellers still accept it but the pool is getting smaller by the day.
OB
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By EU decision you should get the fuel tax free in an EE country. If the fueler denies it, what actually happens often, you can claim it back afterwards from the tax office of the country you fueled your aircraft.
Source EEC No. 2454/93
Article 555
1. For the purposes of this subsection:
(a) ‘commercial use’ means the use of means of transport for the
transport of persons or of goods for remuneration or in the
framework of the economic activity of an enterprise;
(b) ‘private use’ means the use other than commercial of a means of
transport;
(c) ‘internal traffic’ means the carriage of persons or goods picked up or
loaded in the customs territory of the Community for settingdo wn or
unloadingat a place within that territory.
2. Means of transport include normal spare parts, accessories and
equipment accompanyingthem.
Source EEC No. 2454/93
Article 555
1. For the purposes of this subsection:
(a) ‘commercial use’ means the use of means of transport for the
transport of persons or of goods for remuneration or in the
framework of the economic activity of an enterprise;
(b) ‘private use’ means the use other than commercial of a means of
transport;
(c) ‘internal traffic’ means the carriage of persons or goods picked up or
loaded in the customs territory of the Community for settingdo wn or
unloadingat a place within that territory.
2. Means of transport include normal spare parts, accessories and
equipment accompanyingthem.
Thread Starter
I am aware that Spain and Greece are a bit reluctant to accept a CoC, but we don't go there all that often.
I know that the CoC is accepted in France and UK without question.
Which other countries in Europe won't accept it?
I know that the CoC is accepted in France and UK without question.
Which other countries in Europe won't accept it?
