Updated VAT notice – Sailaway boats
The VAT Notice entitled ‘Sailaway boats supplied for export outside the EC’has been updated. The notice cancels and replaces the previous version published in May 2010 and has been updated to include information previously contained in Notice 703/3 Sailaway boat scheme which has now been cancelled.
The definition of a sailaway boat is a boat which is delivered to a buyer or their authorised skipper within the EC and exported under its own power to a destination outside the VAT territory of the EC.
This notice explains the procedures for zero-rating the supply of a sailaway boat. The notice includes an explanation as to which boat purchases are eligible, who can use the scheme as well as information for buyers and sellers of sailaway boats.