As at 31/12/2020 the location of your boat has a bearing on its
future VAT status. For those with a boat in the UK, and who may plan
a trip anywhere outside the UK in the future, you would be advised
to obtain, and keep on board, documentation which can be used to
demonstrate the vessel’s location on 31/12/2020.
Boats within the UK will no longer be in free circulation in the EU
Customs Territory, and on return to the UK will be treated as
‘domestic goods’, and potentially charged the relevant VAT.
Examples of location would include: Insurance Documents with the
position of the boat; and a berthing or storage invoice for this winter.
Additionally, proof of UK VAT paid status is advisable for those with
more modern boats, particularly if built abroad.
As ever there is a new gov.uk website which can keep you endlessly
amused: Notice 8 ‘sailing your pleasure craft to and from the UK’.
A new form to fill in: C1331, and a new ‘Yachtline’ for advice.
