Boats: VAT

(asked on 25th November 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment his Department has made of the effect on British yacht and boat owners of the requirement to pay a second VAT payment upon their return to UK waters after the end of the transition period.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 4th December 2020

Returned Goods Relief from customs duties and import VAT will be extended to include goods in the European Union at the end of the transition period that otherwise meet the conditions for relief.

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