Don’t get sleighed by new VAT rules on boats and aircraft
Thursday, January 06, 2011 | Posted by: Gary Woods
Categories:
Business,
Personal,
Protecting your wealth
| Tags: business,
tax,
HMRC,
VAT,
Gary Woods,
aircraft,
residence,
jets,
flying,
planes,
sailing,
Santa,
European Court of Justice,
transport,
boat
If you’re thinking of trading in your boat or jet for a newer model in 2011, you may find the cost adds up to more than you think. As we’re still feeling festive, let’s take Santa and his sleigh for a ride through the new VAT rules.
