Aviation: VAT

(asked on 11th December 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will publish the findings of the his Department's investigation into the scheme for VAT avoidance on private jets in the Isle of Man.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 17th December 2018

The Isle of Man is a self-governing jurisdiction and makes its own decisions about how to make sure VAT rules are followed.

The Isle of Man invited HM Treasury to carry out a review of its VAT procedures for the importation of aircraft and yachts, which is now being finalised. This is a complex area of VAT law and it is important that we take our time to get this right.

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