ch.ess wrote:
under 1250 MTOW, hence under ELA1
To the best of my recollection (and googling skills) ELA1 is 1200kg MTOM or less, not 1250. Makes a potentially significant difference.
Shorrick_Mk2 wrote:
I would think it is country dependent. This is as of January 2016 for France and Germany.
I remember reading an older article (back then a different regulation was in force so this is just a curiosity) about paying VAT on re-importation of a boat where they stated that member states can collect VAT and they can choose a period between three and ten years. It suggested that it was up to them on what goods they would apply this. Also, it said that this applies only when the importer is the same entity as the exporter. Which suggests it’s meant to cover cases where you take something with you when traveling outside the EU and then bring it back (business related uses would be customer returning it to you, exhibiting abroad, etc.). In that light, the relatively short period makes sense. Otherwise VAT has to be paid. That really surprised me and I’ll definitely have to look into the current situation at some point.
Neil wrote:
Yes but in that event the seller will not have to charge VAT on the sale in the UK
Even if the aircraft was for private use and owned by a natural person? Please elaborate.
Peter wrote:
IIRC, there was a TB20 which, after being made in the EU (obviously) was sold to the USA and then re-imported into the EU.
Being made here makes no difference.
