Q

QUESTION:

I can't see any mention about VAT on any of the yacht charter websites I have come across. Is VAT applicable on a yacht charter or not?

ANSWER:

Tom Lilley

Charter Broker, Edmiston

If you charter a yacht, dependent on the EU destination, you will be liable for a VAT charge. VAT is also levied in some countries on the fuel and the APA and also on the size of the yacht you charter. VAT rules are constantly changing, making some specifics of the taxes hard to determine.

Speak to your broker and they should be able to give you assistance wth the basics with regard to certain destinations,

Read our guide to VAT also, but as a matter of course, accept that some things are subject to change.

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