Go Back  PPRuNe Forums > Non-Airline Forums > Private Flying
Reload this Page >

When is VAT due when buying an airplane?

Private Flying LAA/BMAA/BGA/BPA The sheer pleasure of flight.

When is VAT due when buying an airplane?

Old 16th Dec 2020, 08:13
  #1 (permalink)  
Thread Starter
 
Join Date: Dec 2020
Location: Utrecht
Posts: 1
Question When is VAT due when buying an airplane?

I currently live in the Netherlands and am looking to buy an airplane. I'm confused by the VAT rules and what I see in listings. When do I owe VAT? What does "VAT free" mean in a listing? Thanks for the help!
rstrickland is offline  
Old 16th Dec 2020, 12:59
  #2 (permalink)  
 
Join Date: Apr 2002
Location: Surrey, UK ;
Age: 68
Posts: 1,062
Take note that this advice is worth what you paid for it …. but isn't it like anything else ? If I sell you something no VAT is involved because I am not VAT registered. If you buy it from a seller who is VAT registered, VAT is added onto the sale price and paid over to the Government in question.
Dave Gittins is offline  
Old 16th Dec 2020, 15:17
  #3 (permalink)  
 
Join Date: Oct 2007
Location: Moray,Scotland,U.K.
Posts: 1,653
But VAT is payable if importing from a different VAT regime. As OP is in Netherlands it may be a few thousand for advice before buying the aircraft (VP1?) would be worthwhile.🙂
Maoraigh1 is offline  
Old 16th Dec 2020, 17:39
  #4 (permalink)  
 
Join Date: May 2001
Location: Escrick York england
Posts: 1,627
At the moment untill the 31st dec a private individual buys an aircraft from the eu he will pay the rate in that country

after the 31st dec the aircraft should be vat free if you bought from a eu country you may need to reclaim the vat from that eu country
but when the aircraft arrives in the uk you will need to pay uk vat on the purchase

if you bought from the rest of the world you will need to pay vat on the aircrafts entry to the uk

business purchases are different

vat paid is when the aircraft has already paid vat on entry to a eu country


md 600 driver is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.