Shipping: Repairs and Maintenance
(asked on 22nd July 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what plans he has to change the rate of VAT applied to ship repairs and maintenance.
This question was answered on 1st September 2020
The repair and maintenance of qualifying ships and aircraft already benefit from zero-rating of VAT; further information is contained in VAT notice 744C. There are no plans to change the VAT treatment of ships and aircraft at present.