Many owners assume that VAT on their yacht has long since been paid, until customs make enquiries and the relevant documents are missing. In the 81st episode of the YACHT – The Sailing Podcast, legal expert Benyamin Tanis explains why ‘Union goods’ status is crucial, why old proof of purchase is often insufficient, and what needs to be borne in mind when undertaking long voyages outside the EU. Anyone buying a second-hand yacht or heading for the Mediterranean and the Caribbean by boat should listen to this episode.
