VAT or no VAT

This section deals with vat for the UK and vat for export. Please read all of this.

When a customer is not vat registered and therefore cannot claim back the vat on his boat we offer the services of past employees who have the experience to build boats to Procharter standards yet are not vat registered.

This means your boat can be finished at our yard, under our supervision and to our standards. As these builders are not vat registered the customer is not charged vat on the labour but is still charged vat on all goods and services supplied by us. If you find this confusing please telephone us or email your questions.

When a boat is sold for export to the Channel Islands, Isle of Man or Gibraltar vat is not charged. If the boat leaves the UK by road we require documents as proof the vessel has left the UK. This is normally a copy of the ferry ticket. If the boat leaves the UK by sea we require written conformation from the port of departure that the vessel has left. If you find this confusing please telephone us or email your questions.

When a customer is vat registered and UK based vat is charged at the current rate. The vat is then claimed back by the customer. This is unfair compared to exports to the EU. With this in mind, we can in some circumstances invoice the full price of the boat prior to the boat being finished which means the customer can have all his vat refunded to him by Customs and Excise before he has to pay it to us. If you find this confusing please telephone us or email your questions.

When a customer is from another member country of the EU and the boat is going to that country we do not charge vat. The customer gives us their vat number and the vat is deferred to that country. If you find this confusing please telephone us or email your questions.